News Release for immediate release

Barentz Europe BV to Purchase MDB Twello BV

Hoofddorp, The Netherlands - Barentz Europe BV, one of Europe’s leading specialty raw materials companies, today announced the acquisition of MDB Twello BV, a privately held ingredient company in Twello, the Netherlands, that specialises in soy and lupin products. MDB Twello BV operates under the name Fa. L.I. Frank – Fa. Wed. W. Miedendorp.

“Barentz is a leader in proteins in Europe. We distribute a large portfolio of vegetable and animal proteins for both the food and the feed industry” says Walter Blom, Vice-President of Barentz Production Division. “The range of soy and lupin specialty ingredients is a seamless fit between Fa. L.I. Frank – Fa. Wed. W. Miedendorp and Barentz Ingredients BV. Together we will be able to offer an even broader range of products and services to our customers.”

Barentz acquisition of Fa. L.I. Frank – Fa. Wed. W. Miedendorp reinforces its position as an important ingredient supplier for the European bakery industry. Fa. L.I. Frank – Fa. Wed. W. Miedendorp is the world leader for lupin products and was founded over 250 years ago by the Miedendorp family. Starting as a merchant in colonial goods and spices for the bakeries in the North of Holland, the company has evolved in the past 60 years as a specialist in key ingredients for the bakery industry. Today the company markets food ingredients, such as lupin concentrates and food fibres for the the bakery, the meat, the ready-meal and health food industries.

Comments Victor Miedendorp de Bie, Commercial Director MDB Twello: “We are very happy with this agreement as it guarantees maximum continuity for our customers, suppliers and employees. Over two and a half century of family values are safe in the Barentz group of companies. With the Barentz network Fa. L.I. Frank – Fa. Wed. W. Miedendorp now forms part of an extensive pan-European distribution group and is ready for rapid further growth.”

“The extension of Barentz production facilities reinforces our position in the food industry. Barentz has up to now developed through organic growth and will continue to do so in the future. However, acquisitions like this one, which fit our strategic objectives, will continue to be part of our future.” concludes Hidde van der Wal, CEO of Barentz Europe BV.

Barentz Europe BV only embarked on production facilities 5 years ago and reinforcement of Barentz Ingredients with Fa. L.I. Frank – Fa. Wed. W. Miedendorp clearly demonstrates the company’s intention to become the key specialty raw materials supplier in all European markets.

Contact:

MDB Twello–Walter Blom + 31 546 574114

Barentz - Rinus Heemskerk +31 23 567 3456

About Barentz

Barentz Europe BV was created in 2000, as a holding company for Barentz European activities. Barentz is a privately owned company and one of the leading specialty raw material companies in Europe, active with over 300 people in 25 countries. The turnover of the Barentz Group in 2006 was almost €400 Million.

About MDB Twello

MDB Twello operates under the trade name of Fa. L.I. Frank – Fa. Wed. W. Miedendorp. The company offers a complete range of full fat toasted and native soy flours and grits and the full range of native and toasted lupine flours and grits, high protein lupin concentrate. A full range of organic products is available. The company employs 20 people in a modern production facility and is ISO 9001, HACCP and BRC certified.