Ukrproduct Group Ltd
06 September 2007
UKRPRODUCT GROUP LTD
(THE "COMPANY")
UKRPRODUCT STARTS DELIVERIES OF SKIMMED MILK POWDER UNDER UNITED NATIONS WORLD
FOOD PROGRAMME
The Company announces that it has started delivery of its high-grade skimmed
milk powder ("SMP") for the United Nations World Food Programme ("UN WFP"). The
assessment by the UN WFP inspectors confirmed that the production process and
quality of SMP produced at the Company's new SMP facility at Starkon met UN WFP
standards. The Company is the only such supplier under the UN WFP from Ukraine.
The contract terms stipulate the delivery of up to 410 tonnes of SMP in four
equal shipments until the end of 2007. The contract prices are fixed at the time
of delivery of each shipment. Due to the higher quality product requirements,
the contract carries a price premium over typical market prices charged by the
Company on similar SMP contracts.
Note: United Nations World Food Programme is a United Nations organisation
dedicated to the alleviation of global food challenges. Set up in 1994, UN WFP's
dual mission is to meet the food emergency needs of the victims of natural
disasters, displaced people and the world's hungry and poor and to support
economic and social development of the world. For extended information, please
use the following link (www.wfp.org).
For further information:
Ukrproduct Group Limited +38 044 502 8014
Iryna Yevets, CEO,
Dmitry Dragun, CFO,
WH Ireland Limited +44 161 832 2174
David Youngman
This information is provided by RNS
The company news service from the London Stock Exchange