Company Profile For Parmalat S.p.A.

Parmalat SpA is an Italy-based company engaged in the production and distribution of food and beverages. The Company’s product range is divided into four product divisions: Milk, involved in the production and distribution of various types of milk; Vegetables, active in the production of fruit juices, soy drinks, tea and concentrated fruit juices; Fresh, the key products of which include yogurt, probiotics, desserts, cheese, butter, margarine and ice cream ingredients, and Other, which manufactures ice creams, ingredients and other minor products categories. Parmalat SpA's brands portfolio includes, as global brands, Parmalat and Santal, as international brands, Zymil, Fibresse, Physical, Vaalia, Omega3, First Growth, Smart Growth, among others, and a considerable number of local brands. Parmalat SpA operates worldwide through its subsidiaries.

BRIEF: For the nine months ended 30 September 2009, Parmalat S.p.A.'s total revenue decreased 1% to EUR2.87B. Net income for the period decreased 56% to EUR282M. Total revenue reflects a decrease in demand for the Company's products and services in Italy and other European countriesas well as lower sales in the Milk business segment. Net income for the period suffered from an decrease in operating margins due lower other operating income.