CONTACT:
Geri Berdak
The Solae Company
314.982.2588
gberdak@solae.com

THE SOLAE COMPANY ANNOUNCES SOY PROTEIN PRICE INCREASES

ST. LOUIS, MO., February 7, 2005 --- The Solae Company, a global provider of soy protein products, announced today that effective March 1, 2005 the price of its soy protein isolates and nuggets will increase by 5%, and the price of its soy protein concentrate, flour and fiber products will increase by 7%.

“Increased consumer demand for all sources of protein worldwide has impacted the cost of proteins this past year, including soy proteins,” said James McCarthy, senior vice president/North America and Specialty Products for The Solae Company. “For example, dairy protein increased in price by 15% to 40% last year, while pork and poultry prices increased by 19% and 26%, respectively. Given those figures, we believe our increases are modest.”

Also effective March 1, 2005, the premium for all Identity Preserved (IP) Non-GMO products will increase by an additional $0.05/kg.

“Plantings of genetically modified soybeans globally continue to escalate and are expected to reach as high as 90% of the US soybean crop in 2005. This price increase reflects the cost associated with securing and segregating the necessary IP Non-GMO soybeans and their related soy protein products,” McCarthy said.
According to McCarthy, the growth in protein consumption is being driven by rising global GDP and global recognition of the positive health benefits of protein in diets. Soy protein, in particular, is being sought out by more and more consumers as a daily dietary choice for its help in weight management and the reduced risk of heart disease.

“The Solae Company remains committed to its relentless pursuit of providing new and innovative technologies and applications that bring value and customized solutions to our end users,” McCarthy said.

About The Solae Company
A global leader in the research and application of soy protein, The Solae Company, based in St. Louis, Missouri, serves food and beverage manufacturers, dietary supplement developers, retailers and consumers in 100 countries worldwide including the United States and Canada, Europe and the Middle East, Latin America and the Asia/Pacific region. The company was formed through an alliance between Bunge Limited (NYSE: BG) and DuPont (NYSE: DD). For more than 30 years, The Solae Company has invested in fundamental research to understand the health benefits of soy protein. Researchers at more than 180 leading universities and research institutions have used soy protein products produced by The Solae Company in hundreds of completed and ongoing soy studies. For more about the health benefits of soy protein, including additional research and resources, please visit www.thesolaecompany.com.

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