Glanbia Co op

Glanbia PLC
17 July 2003


                                GLANBIA PLC

                                ANNOUNCEMENT


We set out below an extract from a Press Release issued earlier today by Glanbia
Co-operative Society Limited ('Glanbia Co-op') for your information.

'The Board of Glanbia Co-op (the 'Board') confirms that Fresh Milk Producers,
representatives of Glanbia's liquid milk suppliers, recently suggested to
certain members of the Board that it should consider taking Glanbia plc private.
  The Board of Glanbia Co-op has fully considered all aspects of this suggestion
and has concluded that this action would not be in the best interests of its
members.  The Board remains fully committed to the Group's strategy of
developing strong international positions in cheese, nutritional ingredients and
consumer foods with a nutritional emphasis and believes that this is best
achieved through the existing structure.'

We wish to point out that the matter referred to in the Press Release does not
constitute an approach by the Fresh Milk Producers nor is it likely to result in
an approach by the Fresh Milk Producers at any time in the future.



ENDS

17 July 2003


Enquiries to:
Michael Patten, Director of Communications, Glanbia
Tel: [phone] or [phone] (m)
Jim Milton, Murray Consultants
Tel: [phone] or [phone] (m)



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