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Ukrproduct Group Ltd (UKR)

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Wednesday 25 July, 2007

Ukrproduct Group Ltd

Hard Cheese Plant Operational

Ukrproduct Group Ltd
25 July 2007

                              UKRPRODUCT GROUP LTD

                                 (the "Group")


The installation of the Group's hard cheese plant in Starokonstantiniv has now
been completed and is fully operational. Three one-day trial runs of the plant
using the maximum milk intake capacity of 100 tonnes per day were conducted
successfully with all production systems functioning in accordance with
technical specifications. Currently, the plant is running at 35% capacity, which
is expected to increase to 50% within the next month as sales of hard cheese are

Initially, three varieties of hard cheese will be produced, Gollandskiy (Dutch),
Rossijskiy (Russian) and Gouda (Dutch), all well-known to consumers in Ukraine.
The hard cheeses will be sold under the Group's own brand names. At full
capacity, the plant will be able to produce 300 tonnes of cheese per month
(3,600 tonnes per year). Market testing via open-air markets and retail channels
is scheduled to begin at the end of July with a formal marketing campaign
planned for September and October. The target audience for hard cheese is the
middle and high income customers within Ukraine. The domestic hard-cheese market
in Ukraine continues to grow and, in the opinion of the directors, will be
receptive to the Group's new products.

For further information please contact:

Ukrproduct Group Limited                             +38 044 502 8014
Iryna Yevets, CEO,
Dmitry Dragun, CFO,

WH Ireland Limited                                   0161 832 2174
David Youngman

                      This information is provided by RNS
            The company news service from the London Stock Exchange