CORPORATE PRESENTATION

CONTENTS

1. COMPANY PRESENTATION

2. MARKET POSITIONING

3. MARKET SPACE of ALDANONDO

4. PRODUCTS:a. Mixesb. Sheep/Etxegaraic. Idiazabal (P.D.O)d. Specialities

5. REMARKS

6. PICTURES GALERY

• More than 50 years into the “CHEESES WORLD”

• Company was founded for the brothers José y Joaquín Aldanondo Zubiberri.

This seams that ALDANONDO FOOD CORPORATION have a FACE,

sensibility and always an ANSWER for you.

• At the very beggining their start up gaven distribution and retrail services, later

their come into the production of the finest cheeses with PDO and specialities.

• We have more than 150 employees and our income are higher than 35.000.000

€

1. OUR COMPANY

OUR NEW FACTORY

• Production capacity of 35.000.000 lters yearly (sheep, cow and goat) ; which means 6.000/8.000 MT cheeses /year

• Specialized P.D.O. Idiazabal and all range of sheep and goat cheeses

•Demmanding managment regarding sustantivility and enviroment care.

• The lastest technology available world wide

•Landmark Industry at the Cheeses Market at National, EU and International level

• Overseas developmment: Chile, México, Argentina and U.S.A

VALUES & PRINCIPLES

• QAS

• High technology investment

• Social responsability

WE INVEST DAILY TO TAKE

THE MAXIMUM CARE OF

OUR ENVIRONMENT, WE

ARE SO PROUD OF OUR

PLACE AT OUR WORLD!!!

• Flexibility

• Demmanding Control of Origin of all our milks and raw materials

• Comminment

• International vocation

• Costumer satisfaction

• Knowledge and Experience

• Respect all our traditions.

Enviromment respect & care

SUCCESS KEYS

• We solve your need, product design, Research & Development; according these needs• Excellence and High International Quality & Food Safety standards• We are so carefully with our process, because we are Dairy Passionates

ORIGIN +RELIABILITY + QUALITY + RESEARCH+DEVELOPMENT

2. MARKET POSITIONNING

FLEXIBILITY

Milk mixes

HEALTH-Low FAT -Lactose FREE-Low SALT -

PRESENTATIONSAcording for free

service

CHEESES

3. EVOLUCIÓN DEL MERCADO

DOMESTIC MARKET 2010 vs. 2009

• Cheeses Market > 1.692,3 M/€

• Cheeses Market > 219.165 MT.

Value Volume• Market developing

CONVENIENCY PRODUCTSIBÉRICO/ P.D.O

0,81%

4,29%

ALDANONDO FOODCORPORATION

• Flexibility according YOUR needs• Kow How • Lastest Technology• Logisitic capbility• Strict respect to our TRADITIONS

4.a. Milk MIXESMILKS

At the percentage that YOUR need• Sheep• Cow• GoatWe have an adaptation skill to the market needs.

PRESENTATIONSEntire pieces 3kg. Euroblocks 16kgs.Small pieces since 0,5 kg.Manufacturin at different grams :• Special cuts• Sílices• Cubes• Greated• Tables with a selection cheeses

MADURATION • Soft• Semi cured• Cured• Hard

4.a. MIXES

¿WHY milk mixes cheeses from ALDANONDO for you?Category developed for the most demanding costumer: “the best at the best price”

We know how to adapting at every situation

Adaptation for us is to give at every costumer the best and preferred cheese at right price .

Specialities designed for every economy..

4.b. SHEEP

MILKFrom SHEEP:• Non pasteurized/ Etxegarai• Pasteurized

PRESENTATIONSEntire pieces 3kg. Euroblocks 16kgs.Small pieces since 0,5 kg.Manufacturin at different grams :• Special cuts• Sílices• Cubes• Greated• Tables with a selection cheeses

MADURATION • Soft• Semi cured• Cured• Hard

4.b. SHEEP¿Why SHEEP milk cheeses from ALDANONDO for YOU?

Traditional and carefully procedures to preserve our high quality standard and special TASTE and BOUQUET

Our milk comes from the best natural finest herbs from the Vasc CountryWe take care over every detail from the farm up to th controlled maturation of every one of

our cheeses.These Cheeses are made for who likes the best from the excellence products category and

at adequate price

Delicatessen thinking to every special moment to consume it.

4.c. ORIGIN

• We promoted from ancestral times our PROTECTED DENOMINATIONS of ORIGIN. • We are the UNIQUE GROUP which attend ALL the P.D.O of cheeses from the not of SPAIN..• Our factories are an important partner of all the COUNCILS of PROTECTED DENOMINATION of ORIGIN.

• QUESO IDIAZABAL: Queserías de Araia, Aldanondo Corporación Alimentaria, Dorrea Gaztandegi.

• QUESO RONCAL:Roncalact.

• QUESO TETILLA:Queserías Castillo de Pambre.

• QUESO ARZUA ULLOA:Queserías Castillo de Pambre.

4.c. ORIGIN¿ Why P.D.O cheeses from ALDANONDO for you?

ALL OUR FACTORIES ARE APPROVED AND UNDER COUNTINOUSLY AUDIT FROM THE P.D.O COUNCIL

RECOGNIZED LEADERSIP POSITION INTO THESE SELECTED “CLUB”

DESERVED RESPECT AT OUR KNOWLEDGE AND EXPERIENCE

WITH US YOU CAN FIND DIFFERENTS P.D.O CHEESES FROM DIFFERENT AREAS of the NORTH OF

SPAIN

WE GIVE YOU SAFETY, GUARANTEE OF ORIGIN, TRADITION AND AN OPEN MIND ATTITUDE TO SATIFY

YOU A LLWAYS

4.d. SPECIALITIES

LOW FATWe can manage our process to give you healthy cheeses, according your needs toghther with the pleasure to taste the BEST

LOW SALT:For us your health and pleasure are a great motivtion, reason for what we improving contnously to give you the BEST and to take care of you

LACTOSE FREE:Oue knowledge and experience give you the oportunity to enjoy of the BEST TASTE, anybody have limitations withour cheeses.

4.d. SPECIALITIES¿Why you need to have SPECIALITIES from ALDANONDO?

From more than 20 years we investigate, research and development SPECIAL products, to attend the NEEDS and the PLEASURE of every one of our costumers.

OUR POLITICE: ANYBODY CAN BE PRIVATE TO ENJOY THE BEST TASTE CHEESES, FOR ANY REASON.

This MEANS that we are thinking continuously in ALL of our COSTUMERS, we invest in R&D, Continuously improvements and YOUR HEALTH is OUR SATISFACTION.

5. REMARKS

ALDANONDO FOOD CORPORATION : A GOOD PARTNER

¿WHY?Have the knowledge, experience, the latest technology , we love what we do

Have the flexibility, agility and always the right ANSWER for your needs.

For our dairy passionate spirit, we invest to make our self the most competitive option in the market

We can do what you NEED or WANT with the maximum FOOD SAFETY

.

6. FOTOS FÁBRICA

THANKS FOR YOUR TIME .