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Local News on Karoun Daries, Inc.

Karoun Dairies Inc., with processing facilities in Turlock, CA., has announced they are

being acquired by Parmalat, S.p.A. out of Canada. Karoun serves ethnic markets in the

U.S., Middle Eastern, Mediterranean, Indian, European, Hispanic, Russian, Armenian and

mainstream American. The previous owners will maintain management of the facility and

they plan on continuing making great products from 100% Real California Milk and using

the Real California Milk Seal on their products.

Organic Valley Milk – Adding RCM Seal

After almost two years with no RCM Seal on Organic Valley Milk, we are in the process of

adding the Seal to all containers sold in the Western states. We had to remove the Seal a

couple of years ago, because there was a short supply of local Organic Milk. With supply

now sufficient to meet 100% of the demand, we are able to update packaging again. This is

starting with the California conventional products and will later be added to the ESL items.