Strauss Group Reports its 2010 Fourth Quarter and Full Year Results

By Strauss Group Ltd, PRNE
Tuesday, March 15, 2011

A Record Year in Group Sales - Sales Totaled NIS 6.85 Billion, up 7.5%, With 9.1% Increase in Gross Profit and 3.9% Decrease in Net Profit

TEL AVIV, Israel, March 16, 2011 - The Strauss Group (STRS.TA) today reported its results for the fourth
quarter and full year of 2010.

Ofra Strauss, Chairperson of Strauss Group, said today, "In 2010 we
continued to focus on long-term strategic processes, laying out foundations
for Strauss Group's further global expansion.. We formed a new strategic
partnership with Haier, inaugurated a world-class salad plant in the U.S.,
and expanded our activity in North America and CIS, while enhancing our
position at our home base in Israel. In 2011 we will continue to conduct
significant processes that result from the international growth strategy of
the company."

Gadi Lesin, President & CEO of Strauss Group, said today: "Strauss Group
continues to grow and expand globally with record annual sales of NIS 6.85
billion
, up 7.5%, improved gross and operating profits, but decreased net
profit for shareholders".

"Strauss Group will continue its global expansion journey, entering new
markets and countries with high-growth potential, and expanding its portfolio
of businesses. The Group will make further investments in future growth
drivers- fresh foods, Strauss Water and Strauss Coffee - while enhancing its
leadership position at the Israeli home base."

Fourth Quarter Financial Highlights[1]:

- Sales totaled NIS 1.81 billion (NIS 1.71 billion last year),
up. 5.4%; Organic sales growth net of exchange rates effect totaled 9.2%.

- Gross profit was up 0.2%, totaling NIS 647 million (35.8% of sales),
compared to NIS 645 million last year (37.6% of sales).

- Operating profit totaled NIS 123 million (6.8% of sales),
compared to NIS 141 million last year (8.2% of sales), down 13.2%.

- Net profit to shareholders totaled NIS 50 million, compared
to NIS 70 million last year, down 28.4%.

Full year Financial Highlights[2]:

- Sales totaled NIS 6.85 billion, compared to NIS 6.37 billion
last year, up 7.5%. Organic growth net of exchange rates effect totaled 4.0%.
Growth is evident in all activities, Israel, coffee, Sabra and Water.

- Gross profit was up 9.1% to NIS 2.58 billion compared to the
same period last year, and its rate grew from 37.2% to 37.8%.

- Operating profit was up 5.4%, totaling NIS 601 million (8.8%
of sales), compared to NIS 570 million last year (8.9% of sales).

- Net profit to shareholders totaled NIS 258 million, compared
to NIS 268 million last year, down 3.9%.

- Strong cash generation, operating cash flow totaled NIS 501
million

[1] Full years and fourth quarter figures are pro-forma neutralizing
the employees options and one time bonus (2009), hedging transactions, non
recurring other income and expenses

[2] Full years and fourth quarter figures are pro-forma neutralizing the
employees options and one time bonus (2009), hedging transactions, non
recurring other income and expenses

Main pro-forma data (in NIS million):

                                Full Year       Fourth Quarter
                            2010  2009  % Chg 2010  2009  % Chg

                      Sales 6,855 6,373  7.5% 1,807 1,715   5.4%
               Gross Profit 2,588 2,371  9.1%   647   645   0.2%
       Operating Profit (1)   601   570  5.4%   123   141 -13.2%
      Profit for the Period   358   360 -0.8%    73    95 -24.3%
             Net Profit (2)   258   268 -3.9%    50    70 -28.4%

(1) Before other income (expenses)

(2) Attributed to the shareholders of the Company

Home base

Strauss Group is the second-largest company in the Israeli food industry
and in 2010 held 11.2% of the domestic food and beverage market (on a yearly
average, in financial terms). The Israeli market is the Group's home market,
in which it is active in various categories.

The sales for the entire business of the Strauss Group in Israel include
the Health & Wellness and Fun & Indulgence Divisions, the coffee business in
Israel, Max Brenner in Israel and the Strauss Water Israel (Tami4) activity.
In 2010, Strauss Group's sales in Israel totaled NIS 3,701 million compared
to NIS 3,355 million in 2009, an increase of 10.3%. In the fourth quarter,
Israel sales totaled NIS 931 million compared to NIS 862 million in the
corresponding quarter last year, an increase of 8.0%.

As a result of the acquisition of Tami4 the Group has
increased its touch points with the Israeli consumer and has expanded beyond
retail and away-from-home (AFH) sales into a direct interface with the
consumer.

The Coffee Sector

In the global coffee business the Group develops, manufactures, markets
and sells branded coffee products in Israel and in various emerging markets -
Central and Eastern Europe and Brazil. This business area comprises two
sectors of activity - Israel Coffee and International Coffee.

In 2010 Strauss Group was the sixth largest company in the
world retail coffee market, with a market share of 2.1% in value terms
(according to the market research firm Euromonitor).

Sales

Sales by Strauss's coffee business in 2010 totaled NIS 3,386 million
compared to NIS 3,349 million in 2009, an increase of 1.1%. After
neutralizing the impact of currency exchange rates, growth amounted to 1.6%.
Organic growth in 2010 amounted to 1.6% after neutralizing the acquisition of
businesses and the impact of exchange rate differentials.

Coffee sales in 2010 were positively influenced by the growth in activity
in Brazil and in Russia, but were negatively influenced by the weakness in
most of the markets in Eastern Europe due to the slow recovery from the
crisis in these markets, by changes in the exchange rates of the various
operating currencies, by the sharp rise in raw material prices coupled with
the difficulty in raising prices in the prevailing macroeconomic conditions
in some of the countries, as well as growing competition.

The growth in local currency is evident mainly in the Company's activity
in Brazil, where the Company continues to grow at an accelerated pace, while
increasing its market shares and expanding into additional geographical
regions there, and in the former USSR countries and in Serbia.

Sales by the coffee business totaled NIS 920 million in the
fourth quarter of 2010 compared to NIS 909 million in the corresponding
period last year, an increase of 1.2%. After neutralizing the acquisition of
businesses and the impact of exchange rate differentials, growth in the
quarter amounted to 9.3%.

Gross profit in the coffee business totaled NIS 1,082 million in 2010
(32.0% of sales) compared to NIS 1,067 million (31.9%) last year, an increase
of 1.4%. The gross profit in the coffee business was influenced by the sharp
rise in raw material prices (particularly in the second half of the year), as
well as by the significant growth in the volume of activity in Brazil, which
is characterized by below-average profit rates.

The gross profit in the fourth quarter totaled NIS 268 million (29.2% of
sales) compared to NIS 299 million (32.9% of sales) last year, a decrease of
10.2%. The decrease in the gross profit is the result of the sharp increase
in raw material prices and the difficulty in transferring the full increase
in raw material prices to the consumer.

The operating profit of the coffee business totaled NIS 257 million (7.6%
of sales) in 2010 compared to

NIS 270 million (8.1% of sales) last year, a decrease of 5.0%. The
operating profit was influenced by the growth in sales and in the gross
profit.

In the fourth quarter, the operating profit totaled NIS 52
million
(5.6% of sales) compared to NIS 78 million (8.6% of sales) in the
corresponding quarter last year, a decrease of 33.8%. The decrease in the
operating profit was influenced mainly by the decrease in the gross profit.

The Israel Sector - Strauss Israel

Sales

In 2010 Israel sales were NIS 2,683 million compared to NIS
2,624 million
in 2009, an increase of 2.2%. In the fourth quarter sales by
the business in Israel totaled NIS 671 million compared to NIS 634 million in
the corresponding quarter last year, an increase of 5.8%.

During the year the Company continued to invest in innovation in various
categories, including chewing gum, sweet snack bars, chocolate, desserts,
cheeses and salty snacks and for the third year in a row was named Israel's
most innovative food company.

In 2010 the Strauss Israel completed the process of adapting
its structure to meet future challenges, as well as formulating the new
strategy for the next few years.

Gross profit in the Israel Sector totaled NIS 1,111 million in
2010, compared to NIS 1,080 million last year. The gross profit rate rose
from 41.2% to 41.4% this year. In the fourth quarter the gross profit for
Israel increased by 9.3% and totaled NIS 273 million (40.7% of sales),
compared to NIS 250 million in the corresponding period last year (39.4% of
sales)

Most of the improvement is due to the continued implementation
of streamlining processes in the cost of sales, and the currency impact
(weakening of the Dollar and the Euro in relation to the Shekel).

The pro-forma operating profit in Israel increased in 2010 by
5.8%. The growth in the operating profit in Israel is due to the growth in
gross profit and to the continued improvement in the cost structure. The
operating profit rate in Israel improved in 2010 and amounted to 11.4%,
compared to 11.0% in the corresponding period last year.

In the fourth quarter the operating profit in Israel increased
by 16.8%, with operating profitability in the quarter rising from 8.4% last
year to 9.2% this year.

The International Dips Activity (Presently Executed by Sabra
Dipping Company)

Sabra's activity has been proportionately consolidated (50%)
since the closing of the transaction with PepsiCo, beginning in the second
quarter of 2008.

In 2010 Sabra's sales continued to grow, as did its market
shares, and it maintained a leading position in the refrigerated flavored
spreads category.

Sabra's average market share in 2010 was 47.0% compared to an
average market share of 39.4% in 2009. In the fourth quarter Sabra's average
market share was 48.6% (according to IRI data published on December 26,
2010
).

Sales

In 2010 Sabra's sales totaled NIS 593 million compared to NIS
430 million
last year, an increase of 38.0%. After neutralizing the currency
impact, growth amounted to 44.7%. Organic growth excluding the currency
impact was 37.8%.

Sabra's sales in the fourth quarter totaled NIS 165 million
compared to NIS 121 million in the corresponding period last year, an
increase of 36.7%. After neutralizing the currency impact, growth amounted to
42.3%. Organic growth excluding the currency impact was 21.4%

The operating profit in 2010 totaled NIS 62 million (10.4% of
sales) compared to NIS 73 million last year (17.0%), a decrease of 15.3%

The operating profit in the fourth quarter totaled NIS 15
million
(9.3% of sales) compared to NIS 21 million in the corresponding
quarter last year (17.6% of sales), a decrease of 27.7%.

Strauss Water

Strauss Water engages in the development, manufacturing and
marketing of systems for the purification, filtration, heating and cooling of
drinking water for the home market and away-from-home consumption, on the
basis of a long-term commitment to its customers. Strauss Water developed a
breakthrough in the purification and treatment of water in the form of its
patented Maze technology. Strauss Water is presently active in Israel
(through the Tami4 brand) and in the UK (through the T6 brand).

Strauss Water's pro-forma sales amounted to NIS 382 million in
2010, compared to NIS 316 million last year (assuming the full consolidation
of the Tami4 business from the beginning of the year), an increase of 20.8%.

In the fourth quarter Strauss Water's pro-forma sales totaled
NIS 103 million compared to NIS 78 million in the corresponding period last
year, an increase of 32.4%.

During the quarter the Group announced that a partnership
agreement had been signed with Haier Group, the Chinese consumer electronic
appliances giant, for the establishment of a joint venture in home water
solutions in China. The venture is jointly owned by Strauss Water (50%) and
Haier Consumer Goods (50%) and will be established with an initial investment
of $20 million (each of the parties is to invest $10 million). The Strauss
Group's entry into China is an additional step in the realization of the
Group's global expansion strategy. This partnership will leverage the
combined know-how and capabilities of Strauss Water in the areas of
technology and expertise in the development of solutions for the purification
of safe drinking water, and Haier's leadership and reliability in the spheres
of marketing, distribution and service in China.

Strauss Water plans to expand into additional geographical
regions in the future while continuing to develop innovative technologies for
the purification and treatment of water, based on a long-term commitment to
its customers and care for people, water and the environment.

Max Brenner

In 2010 the Group's biggest Chocolate Bar opened in Las Vegas,
and as at the date of the report, 35 Max Brenner Chocolate Bars were in
operation around the world: 6 in Israel, 3 in the US, 2 in the Philippines, 1
in Singapore and 23 in Australia. Eight branches are owned by the Company,
and all other branches are operated under franchise.

In 2010 Max Brenner's sales totaled NIS 109 million compared
to NIS 108 million last year, an increase of 0.2%. After neutralizing the
impact of the erosion of the Dollar in relation to the Shekel, growth in 2010
totaled 2.4%.

In the fourth quarter Max Brenner's sales totaled NIS 31
million
compared to NIS 35 million last year, a decrease of 11.1%. After
neutralizing the impact of the erosion of the Dollar in relation to the
Shekel, sales in the fourth quarter decreased by 8.9%.

The Company continues to invest in the development of core
infrastructure for the Max Brenner business in Israel and abroad, and in 2011
the Company plans to open additional stores, while continuing to invest in
major infrastructure and Max Brenner.

Financial Results:

Sales

In 2010 Strauss Group's sales amounted to NIS 6,855 million
compared to NIS 6,373 million last year, an increase of 7.5%. After
neutralizing the currency impact, growth amounted to 8.0%. Organic growth
after neutralizing the impact of changes in exchange rates in 2010 amounted
to 4.0%. Growth was evident in all of the Company's activities - Israel,
coffee, Sabra and water.

The Group's sales in the fourth quarter totaled NIS 1,807
million
compared to NIS 1,715 million in the corresponding period last year,
an increase of 5.4%. After neutralizing the currency impact, growth amounted
to 8.8%. Organic growth after neutralizing the impact of changes in exchange
rates in the fourth quarter amounted to 9.2%. Growth was evident mainly in
the Company's activity in Israel, which grew by some 5.8% in the quarter, in
Sabra in North America, where growth amounted to 36.7%, and in the water
business, which grew by 32.4% in the quarter.

Gross Profit

The financial accounting gross profit in 2010 totaled NIS
2,593 million
(37.8% of sales) compared to NIS 2,375 million last year (37.3%
of sales), an increase of 9.2%. The pro-forma gross profit in 2010 increased
by 9.1% compared to the corresponding period last year, rising from 37.2% to
37.8%.

The gross profit was positively impacted by the improvement in
most of the Group's businesses, notably Israel, Strauss Coffee and Sabra, by
the consolidation of the Tami4 activity for the first time and by the
continuing streamlining measures applied, and was adversely affected by the
impact of currency exchange rates.

The financial accounting gross profit in the fourth quarter
increased by 1.3% and dropped from 37.5% last year to 36.0% this year. The
pro-forma gross profit increased in the quarter by 0.2%, down from 37.6% in
2009 to 35.8% this year.

The gross profit in the quarter was positively influenced by
the improvement in Israel, and by contrast was negatively influenced by the
decrease in gross profit in the coffee business further to the sharp rise in
raw material prices and the impact of currency exchange rates.

Operating Profit before Other Income (Expenses)

The financial accounting operating profit (before other income
and expenses) totaled NIS 586 million (8.5% of sales) in 2010 compared to NIS
559 million
(8.8% of sales) last year, an increase of 4.9%. The growth in the
Group's operating profit is mainly due to the increase in the operating
profit in all of the Company's activities and to the consolidation of Tami4's
activity for the first time (starting from the fourth quarter 2009).

The pro-forma (pro-forma) operating profit totaled NIS 601
million
(8.8% of sales) in 2010 compared to NIS 570 million (8.9% of sales)
last year, an increase of 5.4%.

The increase in the group operating profit is evident mainly
in the activity in Israel and was positively influenced by the consolidation
of Tami4 for the first time (in the first three quarters) and by contrast,
the decrease in the coffee business operating profit due to the decrease in
gross profit and from the increased expenses related to Strauss Water's
increased activity in China and England and the concurrent operation of two
factories in the U.S. (total impact on profit amounted to a reduction of
about NIS 41 million and from expenditure of NIS 9 million in respect of
option plan at Strauss Coffee (see Note 25.7 annual financial statements.)

The financial accounting operating profit (before other income
and expenses) totaled NIS 115 million (6.4% of sales) in the fourth quarter
compared to NIS 134 million (7.8% of sales) in the corresponding period last
year, a decrease of 13.6%.

The pro-forma operating profit totaled NIS 123 million (6.8%
of sales) in the fourth quarter compared to NIS 141 million (8.2% of sales)
last year, a decrease of 13.2%.

The decrease in operating profit is mainly due to the
decreased gross profit of the coffee business and was also affected by
increased expenses related to Strauss Water activity in China and England and
the concurrent operation of two factories in the U.S. (total impact on profit
amounted to a reduction of about 14 million).

Other Income (Expenses), Net

Other expenses, net totaled NIS 45 million in 2010 compared to
other expenses, net of NIS 35 million last year. Most of the expenses this
year are attributed, among other things, to the discontinued operation in
Bulgaria further to the decision by Strauss Coffee to exit this market,
following which the subsidiary recognized expenses amounting to NIS 15
million
; and to the costs of building the new production site for the
subsidiary, Sabra; establishment of the Company's activity in China, and the
costs of structural changes. Most of the other expenses in 2009 were
attributed to the impairment of goodwill in Strauss Coffee's subsidiary in
Serbia in an amount of NIS 22 million, and the costs of the establishment of
Strauss Water.

In the fourth quarter of 2010, other expenses, net totaled NIS
12 million
(most of the expenses are in respect of the costs of establishing
the activity in China and the costs of structural changes), compared to NIS 8
million
in expenses, net in the corresponding quarter last year (mainly the
costs of the establishment of Strauss Water).

Income for the Period

The financial accounting income for the period in 2010
amounted to NIS 302 million compared to NIS 318 million last year. The
pro-forma income for the period in 2010 amounted to NIS 358 million compared
to NIS 360 million last year, a decrease of 0.8%.

Income for the period in the fourth quarter totaled NIS 52
million
compared to NIS 81 million last year. The pro-forma income for the
period in the fourth quarter amounted to NIS 73 million compared to NIS 95
million
last year, a decrease of 24.3%.

Income for the Period for the Shareholders of the Company

The financial accounting income for the period for the
shareholders of the Company in 2010 totaled NIS 211 million compared to NIS
233 million
last year, a decrease of 9.8%. The net income was positively
impacted by the growth in operating profit, which was fully offset by the
increase in tax expenses compared to last year and the growth in other
expenses further to the discontinued operation in Bulgaria.

The pro-forma income for the shareholders of the Company in
2010 totaled NIS 258 million compared to NIS 268 million last year, a
decrease of 3.9%.

The net income was positively impacted by the growth in
operating profit, which was fully offset by the increase in tax expenses
compared to last year.

The financial accounting income for the period for the
shareholders of the Company in the fourth quarter totaled NIS 33 million
compared to NIS 59 million last year, a decrease of 44.6%. The income in the
fourth quarter was impacted by the decrease in the operating profit and the
increase in financing expenses compared to last year.

The pro-forma income for the shareholders of the Company in
the fourth quarter totaled NIS 50 million (2.8% of sales) compared to NIS 70
million
last year (4.1% of sales), a decrease of 28.4%. The income in the
fourth quarter was impacted by the decrease in the operating profit and the
increase in financing expenses compared to last year.

Income for the Period for Non-controlling interests

In 2010 the Non-controlling interests share in the income of
subsidiaries totaled NIS 91 million compared to NIS 85 million last year, an
increase of 6.9%. In the fourth quarter the Non-controlling interests share
in the income of subsidiaries totaled NIS 19 million compared to NIS 22
million
in the corresponding quarter last year, a decrease of 13.3%.

Table 1

Following are the condensed financial accounting statements of
income for the years and quarters ended December 31, 2010 and 2009 (in NIS
millions):

                                     For the Years     For the Fourth Quarter
                                                 %                       %
                                   2010  2009  change    2010    2009  change

    Sales                          6,855 6,373   7.5    1,807   1,715    5.4
    Cost of sales not including
    impact of hedging transactions
                                   4,267 4,002   6.6    1,160   1,070    8.5
    Revaluation of the balance of
    hedging transactions on
    commodities as at the end of      (5)   (4)            (4)      2
    the period
    Cost of sales                  4,262 3,998   6.6    1,156   1,072    7.8
    Gross income                   2,593 2,375   9.2      651     643    1.3

    Selling and marketing expenses 1,597 1,442  10.7      420     393    6.9
    General and administrative       410   374   9.6      116     116      -
    expenses
    Operating income before other    586   559   4.9      115     134  -13.6
    income (expenses)

    Other income (expenses), net     (45)  (35) 26.7      (12)     (8)  50.0
    Operating income                 541   524   3.4      103     126  -18.4
    Financing expenses, net          (92)  (87)  7.3      (22)    (17)  28.0
    Income before taxes on income    449   437   2.6       81     109  -25.6
    Taxes on income                 (147) (119) 24.0      (29)    (28)   5.4
    Effective tax rate              32.7% 27.1%          36.0%   25.4%
    Income for the period            302   318  -5.3       52      81  -36.1
    Income attributed to
    shareholders of the Company
                                     211   233  -9.8       33      59  -44.6
    Income attributed to              91    85   6.9       19      22  -13.3
    non-controlling interest

Table 2

Following are the condensed results of business operations
(based on the Company's pro-forma statements) for the years and quarters
ended December 31, 2010 and 2009 (in NIS millions):

                                     For the Years     For the Fourth Quarter
                                                 %                       %
                                    2010  2009 change    2010    2009 change

    Sales                          6,855 6,373   7.5    1,807   1,715    5.4
    Cost of sales                  4,267 4,002   6.6    1,160   1,070    8.5
    Gross income                   2,588 2,371   9.1      647     645    0.2
    Selling and marketing expenses 1,597 1,442  10.7      420     393    6.9
    General and administrative       390   359   8.7      104     111   -6.4
    expenses
    Operating income - pro-forma     601   570   5.4      123     141  -13.2
    Financing expenses, net          (92)  (87)  7.3      (22)    (17)  28.0
    Income before taxes on income    509   483   5.0      101     124  -18.8
    Taxes on income                 (151) (123) 22.3      (28)    (29)  -0.4
    Income for the period -          358   360  -0.8       73      95  -24.3
    management
    Income attributed to
    shareholders of the Company
                                     258   268  -3.9       50      70  -28.4
    Income attributed to             100    92   8.0       23      25   -9.9
    non-controlling interest

Table 3

Following are the condensed results of business operations
(based on the Company's pro-forma statements) of the major areas of business
activity for the years and quarters ended December 31, 2010 and 2009 (in NIS
millions):

                                     For the Years    For the Fourth Quarter
                                    2010  2009    %     2010    2009      %
    Israel
    Net sales                      2,683 2,624   2.2     671     634    5.8
    Operating income                 305   288   5.8      62      53   16.8
    Coffee
    Net sales                      3,386 3,349   1.1     920     909    1.2
    Operating income                 257   270  -5.0      52      78  -33.8
    International Dips and spreads
    Net sales                        297   215  37.7      82      61   35.8
    Operating income                  26    30 -14.6       7       9  -22.2
    Other
    Net sales                        489   185 163.9     134     111   20.2
    Operating income (loss)           13   (18)    -       2       1  186.2
    Total
    Total net sales                6,855 6,373   7.5   1,807   1,715    5.4
    Total operating income           601   570   5.4     123     141  -13.2

Table 4

Consolidated Balance Sheet (in NIS million):

                                                December 31 December 31
                                                       2010        2009
                                                         NIS millions
    Current assets
    Cash and cash equivalents                            729       957
    Securities and deposits                               66        86
    Trade receivables                                  1,017       998
    Income tax receivables                                79        55
    Receivables and debit balances                       226       176
    Inventory                                            682       664

    Total current assets                               2,799     2,936

    Investments and non-current assets
    Other investments and long-term debit balances       167       158
    Assets designated for the payment of employee          6         7
    benefits, net
    Fixed assets                                       1,532     1,381
    Intangible assets                                  1,696     1,619
    Deferred expenses                                     27        31
    Investment property                                   24        21
    Deferred tax assets                                   19         5

    Total investments and non-current assets           3,471     3,222

    Total assets                                       6,270     6,158

    Current liabilities
    Current maturities of debentures                     260        94
    Short-term credit and current maturities of          246       167
    long term credit loans
    Trade payables                                       793       757
    Income tax payables                                   36        50
    Other payables and credit balances                   534       480
    Provisions                                            36        36

    Total current liabilities                          1,905     1,584

    Non-current liabilities
    Debenture                                          1,177     1,410
    Long-term loans and credit                           268        79
    Long-term payables and credit balances                27        38
    Employee benefits, net                                28        32
    Deferred tax liabilities                             143       129

    Total non-current liabilities                      1,643     1,688

    Total equity                                       2,722     2,886

    Total liabilities and equity                       6,270     6,158

———————————

For additional information:

    Investors Contact
    Yaffa Cohen-Ifrah
    Director of Investor Relations
    Strauss Group Ltd.
    Tel: +972-3-6752545
    Mob: +972-54-5772195
    Email: yaffa.cohen-ifrah@strauss-group.com
    www.strauss-group.com

    Media Contact
    Osnat Golan
    VP Corporate Communications
    Strauss Group Ltd.
    Tel: +972-3-6752281
    Mob: +972-52-8288111
    Email: osnat.golan@strauss-group.com
    www.strauss-group.com

Media Contact: Osnat Golan, VP Corporate Communications, Strauss Group Ltd., Tel: +972-3-6752281, Mob: +972-52-8288111, Email: osnat.golan at strauss-group.com

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