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Royal Cosun reports further growth in 2007

Royal Cosun reports a turnover of EUR 1,713 million for 2007, an increase of 17% on 2006. The greater part of the growth was attributable to the acquisition of CSM Suiker in April 2007. Organic growth amounted to 6.2%. Virtually all activities contributed to the increase in turnover. Operating profit was approximately EUR 11 million lower at EUR 100 million, but before goodwill amortisation and incidental items operating profit increased from EUR 72 million to EUR 115 million.

New President and CEO at Royal Cosun

The current President and CEO of Koninklijke Coöperatie Cosun UA, Mr C.J. Menkhorst, has announced that he intends to stand down on 1 July 2008. His successor is Mr R.P. Smith.

Royal Cosun announces beet price and distribution on shares for 2007

The Board of Royal Cosun has set the price for quota beet from the 2007 campaign at € 41.31 per tonne. The beet price was announced during the meeting of the cooperative's members' council in Nijkerk. A distribution will also be made on old shares of € 6.00 per tonne of beet.

Sale of Unifine Sauces & Spices to Clearwood concluded
Royal Cosun and Clearwood have concluded the sale of Unifine Sauces & Spices on 11 January 2008. In December 2007 the parties reached an agreement on the sale, subject to advice of the works council. The press release of 4 December 2007 provides further information regarding this transaction.