Glanbia strategic investment

Glanbia PLC
30 November 2006




           Glanbia plc announces strategic international investment.

30 November 2006 - Glanbia plc, the international dairy foods and nutritional
ingredients Group, today announced two new strategic investments to further
expand the Groups international market reach. Glanbia is to invest a total of
€27.1m in its joint venture consumer foods business in Nigeria and in a new
nutritionals facility near Shanghai in China.

In 2003 Glanbia established a 50:50 joint venture with PZ Cussons plc supplying
evaporated milk and milk powder to the Nigerian market. The joint venture
currently has a packing facility for milk powders, much of which is sourced in
Ireland and a manufacturing plant for evaporated milk. The partners have now
decided to double the capacity of the evaporated milk facility and to develop a
second facility to produce a further range of beverages to meet the increasing
requirements of Nigeria's fast growing, dynamic consumer market. Glanbia is to
invest €22.5m in these projects over the next two years.

Glanbia is also investing €4.6m in its first nutritonals facility in the Asia
Pacific region. The Group is currently supplying dairy and non dairy derived
nutritional solutions to the Asian market, particularly aimed at the rapidly
growing infant formula sector. The facility will be located in Suzhou, outside
Shanghai and is expected to be completed in early 2008.

ENDS

For further information contact:

Glanbia:

Geraldine Kearney
Director of Corporate Communications           + 353 87 231 9430

Note for Editors

Glanbia plc is a leading international dairy foods and nutritional ingredients
Group, with operations in Ireland, Europe, the USA and Nigeria. The company
employs approximately 4,000 people and has an annual turnover of €1.8 billion.


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