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G. Willi-Food Announces Expected First Six Months of 2006 Revenue Growth of Approximately 23%

Posted on: Tuesday, 18 July 2006, 09:00 CDT

YAVNE, Israel, July 18 /PRNewswire-FirstCall/ -- G. Willi-Food International Ltd. (the "Company" or "Willi-Food"), one of Israel's largest food importers and a single-source supplier of one of the world's most extensive range of quality kosher food products, today announced it expects to report approximately 23% revenue growth for the first six months of 2006 as compared to the first six months of 2005. For the second quarter of 2006, the Company expects revenue growth of approximately 10% as compared to the second quarter of 2005.

Mr. Zwi Williger, President and COO of Willi-Food stated, "I am proud of Willi-Food's performance in the first half of the year. We were able to achieve significant revenue growth through successfully launching new items to our product line, as well as by increasing sales of existing products to new and existing customers. We expect to launch new product lines in the second half of 2006. Our strong financial results for the first six months of 2006 demonstrates Willi-Food's ability to capitalize on the growing interest of consumers in the kosher market."

Willi-Food expects to publish its financial results for the second quarter ended June 30, 2006 in late August 2006.

About G. Willi-Food International, Ltd.

G. Willi-Food International Ltd. is one of Israel's largest food importers and a single-source supplier of one of the world's most extensive ranges of quality kosher food products. It currently imports, markets and distributes more than 400 food products manufactured by some 100 top-tier suppliers throughout the world to more than 1,000 customers. The Company excels in identifying changing tastes in its markets and sourcing high-quality kosher products to address them. For more information, please visit the Company's website at http://www.willi-food.co.il/.

Except for historical information contained herein, the matters set forth in this press release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, competition, changing economic conditions and other risk factors detailed in the Company's SEC filings.

Contact: G. Willi Food International Ltd. Gil Hochboim, CFO (+972)-8-932-2233 gil@willi-food.co.il IR contact: The Global Consulting Group Christopher Chu +1-(646)-284-9426 cchu@hfgcg.com

G Willi Food International

CONTACT: G. Willi Food International Ltd., Gil Hochboim, CFO,(+972)-8-932-2233, gil@willi-food.co.il, IR contact: The Global ConsultingGroup, Christopher Chu, +1-(646)-284-9426, cchu@hfgcg.com

Source: PRNewswire-FirstCall

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