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Bachoco Talks About the Impact of Earthquake on its Table Eggs Facilities

April 7, 2010

CELAYA, Mexico, April 7 /PRNewswire-FirstCall/ — Industrias Bachoco
S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: Bachoco),
Mexico’s leading producer and processor of poultry products, announced today
that its table eggs operation located in Mexicali, Baja California, was
affected as a result of the earthquake that hit Mexico’s northwest on April 4.

Cristobal Mondragon, Bachoco’s Chief Executive Officer, stated: “First of
all, we would like to inform that no employee was injured by the earthquake.
The earthquake partially affected almost all of the farms located in this
region. Other facilities, such as feed mill and distribution centers, were
practically undamaged. The company is taking all necessary steps to reduce
the negative effects and supply our customers from other production complexes.
In addition, the company is evaluating the damages to its facilities and its
production process to take the fastest alternatives and quickly recover the
pace of our normal operations.”

The Mexicali operation represents about 9% of the company’s production
capacity of table eggs.

Company Description

Industrias Bachoco S.A.B. de C.V. is the largest poultry company in
Mexico, with over 800 production and distribution facilities currently
organized in nine complexes throughout the country. Bachoco’s main business
lines are chicken, eggs, swine and balanced feed. The Company’s headquarters
are based in Celaya, Guanajuato, located in Mexico’s central region. Its
securities are listed and traded on the BMV (Bachoco) and on the NYSE (IBA).
For more information, please visit Bachoco’s website at
http://www.bachoco.com.mx or contact our IR department.

This press release contains certain forward-looking statements that are
subject to a number of uncertainties, assumptions and risk factors that may
influence its accuracy. Actual results may differ. Factors that could cause
these projections to differ include, but are not limited to: supply and
demand, industry competition, environmental risks, economic and financial
market conditions in Mexico, and operating cost estimates. For more
information regarding Bachoco and its outlook, please contact the Company’s
Investor Relations Department.

    IR Contacts:
    Daniel Salazar, CFO
    Claudia Cabrera, IRO
    Ph. +52 (461) 618 3555
    inversionistas@bachoco.net

    In New York:
    Grayling
    Lucia Domville
    Ph. (646) 284 9416
    Lucia.Domville@us.grayling.com

SOURCE Industrias Bachoco S.A.B. de C.V.


Source: newswire



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