Parmalat announces the creation of a new organizational structure focused on strengthening the Company's operation in North America.

For this purpose Parmalat USA, the Bakery Division and Parmalat Canada will be integrated under the Parmalat North America Region.

This decision has been evaluated with the participation of all the divisions involved. The new organization will start operating immediately and will benefit the entire region by creating synergies in all Parmalat business and the opportunity to leverage the knowledge and expertise of all the units involved.

The new region, Parmalat North America, will be lead by Michael T. Rosicki, current President and CEO of Parmalat Canada. Headquarters will be in Toronto, Canada. Aldo Uva, current President and CEO of Parmalat USA & Mexico, will pursue another professional challenge outside the Group.

Parmalat, listed on the Milan Stock Exchange (PMLFF), is a US$7 billion company and one of the world's leading international food companies with 162 plants and more than 40,000 employees of five continents. It markets a variety of food products, including: milk and dairy products, such as ice cream, yogurt, butter and cheese; fruit and tomato juice; vegetables soups and tomato sauce; and bakery products.

Its products are sold under the Parmalat brand name and in North America under strong regional brands such as Farmland Dairies, Skim Plus, Welsh Farms, Sunnydale, Beatrice, Black Diamond, Astro, Lactantia, Archway, Mother's, etc.