Bachoco Informs of a Partial Fire at One of Its Processing Plants

    CELAYA, Mexico, April 16 /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 on April 13th part of the lending processing plant that Bachoco
 operates in Monterrey, N.L., located in Northern Mexico, caught fire.
 
     Cristobal Mondragon, Bachoco's Chief Executive Officer stated, "First
 of all, I want to inform that no one was injured during the fire, and
 practically no products were affected.
 
     "The fire consumed the secondary process of the processing plant, while
 the primary process, which is physically separated, suffered no damage and
 is operating nearly under normal conditions.
 
     "Several actions have taken place to guarantee the supply coming from
 this plant, mainly by adjusting the product mix at other of our complexes
 and redirecting the product of the primary process to other markets.
 
     "Finally, we are in the process of evaluating the damage to the
 equipment to learn how much time it will take to replace lost capacity. As
 expected, all damaged assets were properly covered by insurance," concluded
 Mr. Mondragon.
 
     Company Description
 
     Industrias Bachoco S.A.B. de C.V. (also referred to in this report as
 Bachoco or the Company) was founded by the Robinson Bours family in 1952.
 The Company is the largest poultry company in Mexico, with over 700
 production and distribution facilities currently organized in nine
 complexes throughout the country. Bachoco's main business lines are
 chicken, eggs, swine and turkey, the Company is also an important player in
 the balanced feed industry in Mexico. The Company's headquarters are based
 in Celaya, Guanajuato, located in Mexico's central region.
 
     Industrias Bachoco made an initial public stock offering in September
 1997. Its securities are listed and traded on the BMV (Bachoco B) 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. 011 52 (461) 618 35 55
     inversionistas@bachoco.net
 
     In New York:
     Lucia Domville
     The Global Consulting Group
     Ph. (646) 284-9416
     Idomville@hfgcg.com
 
     Headquarters:
     Industrias Bachoco, S.A.B. de C.V.
     Av. Tecnologico 401, Celaya, Gto.
     Mexico 38010
     http://www.bachoco.com.mx
 
 

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