Acquisition

Glanbia PLC
07 December 2004

                       STRATEGIC NUTRITIONALS ACQUISITON.


Glanbia plc today announced the acquisition of the German based nutrient
delivery systems company, Kortus Food Ingredients Services GmbH ('Kortus').
Glanbia has acquired the assets and goodwill of Kortus for a consideration of
€14.5m, comprised of €10.5m cash and with a further deferred payment of €4m, of
which €2m will be payable subject to the achievement of a pre determined
performance target.


Kortus is a privately owned nutrient Delivery Systems Company based in
Orsingen-Nenzingen, Southern Germany that specialises in the production,
research and development of customised nutrients systems for customers in the
Infant Formula, Clinical Nutrition and Dietetics markets.


This acquisition is in line with Glanbia's nutritional strategy of extending its
solution capability and product range, and of strengthening access to key
sectors of infant and clinical nutrition.






ENDS


7th December 2004


For further information, contact:

Glanbia plc
Geraldine Kearney, Group Director of Communications, Glanbia plc
( [phone] (office) or [phone] (mobile)






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