27 Apr 2009
Ad hoc announcement pursuant to Art. 53 LR

Initiation of Proceedings

ARYZTA AG confirms that proceedings have been initiated in the High Court, Dublin by Varleigh Limited (a vehicle owned 50/50 by Bernard McNamara and James Morrissey) and James Morrissey (together the plaintiffs) against Ronan McNamee and IAWS Group Limited (together the defendants) seeking damages arising from an alleged failure to pursue a common course in planning matters relating to development properties in Tallaght, Dublin.  
The Group considers the case to be without merit. A complete defence to the claim, based on the law and the facts, is being vigorously pursued.
Alex Money
Temple Bar Advisory
Media and Investor Relations Advisors 
Tel: +44 (0) 20 7002 1080
Email: info@templebaradvisory.com