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February 29th, 2008: Acquisition of Verdera Oy

Montréal, Canada / Espoo, Finland - We are proud to announce that Lallemand acquired Verdera Oy in the early days of February.

Verdera Oy is a finnish company specializing in sustainable biological solutions for the forestry, horticulture and turf grass segments: they develop, manufacture and market bio-pesticides and growth stimulants for plant care uses. They export the products to more than 15 countries all over the world, primarily in Europe, North America and Asia.

For more details please visit www.verdera.fi

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February 22nd, 2008: Creation of Lallemand Pharma International

Montréal, Canada / Lugano, Switzerland - We are pleased to announce that Lallemand Pharma International AG (LPI - Switzerland), a new affiliate of Lallemand dedicated exclusively to the clinical studies, registrations, marketing and sales of pharmaceutical products, was created in the early days of February. It acquired the business and intellectual property rights of the drug sold under the brands Ismigen and Immubron in various countries around the world. Istituto Pirri, the original owner, still remains a partner and shareholder of LPI.

The primary objective of LPI will be to develop and sell a range of bacterial lysates (Ismigen, Immubron, Bromunyl) that Lallemand has been producing at its St Simon facility for the last 15 years. The specificity of Lallemand's lysates is that they are produced from a complete range of inactivated pathogenic bacteria that undergo a mechanical lysis. This original and unique process gives the drug a far stronger immunogenic power than other lysates presently on the market. They target respiratory infections, which are currently developing and believed to become a major cause of disease by 2020.

For now Ismigen is sold in Italy, Portugal, Mexico, Uruguay and Chile, and is under registration in a few other counties. As far as 2008 is concerned, the priority countries to develop will be Ukraine and CIS countries, South America, Turkey and India.

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October 30th, 2007: Kemira GrowHow sells Verdera

Espoo, Finland - Kemira GrowHow Oyj has today signed an agreement to sell 100% of the shares of Verdera Oy to the Canadian Lallemand Group. The closing of the agreement is expected to take place during the first quarter of 2008.

Verdera Oy produces biological plant protection products for forestry, horticulture and amenity needs. Verdera’s turnover was approximately two million euros in 2006 and the company has 13 employees.

Heiki Sirviö, Chief Executive Officer, Kemira GrowHow Oyj


For additional information:
Kaj Friman, CFO
Tel: +358 50 62 626

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October 29th, 2007: V&S To Sell Yeast Operation

Grenå, Denmark - V&S Group has signed an agreement to sell a yeast production facility in Grenaa, Denmark, to the Canadian company Lallemand Inc., one of the world’s leading producers and marketers of yeast. This is part of V&S Group’s strategy to focus on branded spirits.

The operation in Grenaa produces yeast and molasses alcohol, primarily for the Danish market. It employs a staff of 81 and in 2006 sales reached approximately SEK 230m.


Further information:

Jacob Broberg, Senior Vice-President, Corporate Affairs & Communication, V&S: jacob.broberg@vsgroup.com  
Peeter Luksep, Vice-President, Investor Relations, V&S: peeter.luksep@vsgroup.com

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