PRESS RELEASE

Ter Beke has realised the expected growth in its processed meats activities, and this despite a slight decline of the total market in the first quarter of 2005 and apart from the effects of the takeover of Langeveld/Sleegers in January this year. Co-operation with this Dutch slicing and packaging company is going extremely well. The general slowdown of growth in the food sector in the first months of 2005 has had an effect on sales of the chilled Mediterranean ready meals in Europe.

Investment

Ter Beke also maintained its level of investment in the Come a Casa brand, as manifest in a new television and radio campaign.
Ter Beke carries forth its total invest programme worth around EUR 15 million in 2005.

Prospects

Unless market circumstances deteriorate, Ter Beke foresees for 2005 a better result than that of 2004.

About Ter Beke

Ter Beke is a Belgian fresh food group specialised in chilled Mediterranean ready meals and processed meats. Production is based in Belgium, France and the Netherlands, and sales take place in Belgium, the Netherlands, France, Spain, Switzerland, the United Kingdom, Ireland, Germany, Austria and Portugal. Ter Beke is the European market leader in chilled ready lasagne. With over 1200 employees, Ter Beke expects to realise a gross turnover in 2005 of over EUR 240 million. Ter Beke is listed on Euronext Brussels.

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