Translation of Eden Springs Press Statement

Eden Springs Ltd. acquires 100% of “Danone Springs of Eden” (‘DSE’)

Danone Springs of Eden (‘DSE’) is a joint-venture between the company Eden Springs Ltd. and the Danone Group. Currently, Danone holds 58% of the shares in the company and Eden Springs holds the remaining 42%. This joint-venture was formed in 2003 with the objective of creating a market leader at European level in the HOD business.

Today DSE is Europe's leading brand on bottled water for water coolers. The company has a presence in 16 countries, with over 120 branches, 2000 employees and an annual turnover of over 200 million Euros.

Danone Springs of Eden shareholders have taken a strategic decision which will see Danone selling its shares in the joint-venture to Eden Spring Ltd. As a result of this, Eden Springs Ltd. will assume 100% property of the company. This deal will be effective from July 12th 2007.

According to Roni Naftali, founder of Eden Springs Ltd. and president of Danone Springs of Eden Steering Committee, Danone’s decision to sale is a good opportunity for Eden to profit from the experience and management acquire as a result of the transactions done in Europe.

“Eden Springs is a company created and managed in recent years which is based in the brand’s spirit and values. The acquisition of the whole company will involve us even more with the development of the brand and the creation of value for our shareholders”.


For further information, please contact:
Mark Reimer
Marketing Manager
Eden Springs (Europe) SA
Chemin du Trési 9
1610 Préverenges,
Switzerland
+41.21.811.25.50
mark.reimer@edensprings.com