NutraCea Announces Second Quarter 2008 Financial Results and Kraft Foods to Webcast Presentation at Lehman Brothers Back-to-School Consumer Conference

City of Industry, CA --(www.USEquityNews.com)-- 08/14/2008 - Consumer Goods industry alert provided by U.S. Equity News. NutraCea (OTCBB: NTRZ), a world leader in stabilized rice bran (SRB) nutrient research and technology, today announced financial results for its second quarter ended June 30, 2008. The Company reported net revenues of $10.3 million for the second quarter of 2008, compared to net revenues of $13.0 million for the second quarter of 2007. The net revenues for the second quarter of 2007 included a one-time license fee of $5.0 million (non-recurring) without which net revenues for the second quarter 2007 would have been $8,000,000. Sequentially, net revenues for the second quarter of 2008 rose 102% over first quarter 2008 net revenues of $5.1 million. The Company's two business segments, NutraCea and Irgovel, recorded net revenues of $3.9 million and $6.4 million, respectively, for second quarter 2008.


H. J. Heinz Company (NYSE: HNZ) recently announced that it has completed the acquisition of Bndicta, a French manufacturer of table top sauces, mayonnaises and salad dressings. On July 2, 2008, Heinz announced that it signed a letter of intent to acquire Bndicta. Terms of the transaction were not disclosed. "The acquisition of Bndicta fits perfectly into Heinz's global strategy to focus its portfolio on three attractive core categories, Ketchup & Sauces, Infant/Nutrition and Meals & Snacks (including baked beans, soups and pasta meals). Bndicta will strengthen Heinz's sauces business in France and we have exciting plans for the business," said Roel van Neerbos, President, Heinz Continental Europe.

Kraft Foods Inc. (NYSE: KFT) announced it will host a live audio webcast of the company's presentation at the Lehman Brothers Back-to-School Consumer Conference on Wednesday, Sept. 3, 2008, at 7:30 a.m. EDT. The webcast will be available in the investor center section of Kraft's corporate web site, http://www.kraft.com. At the conference, Irene Rosenfeld, Chairman and Chief Executive Officer; Sanjay Khosla, Executive Vice President and President, Kraft International; and Tim McLevish, Executive Vice President and Chief Financial Officer, will provide an update on the company's growth strategy at the midpoint of its three-year turnaround plan.

Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced that its Board of Directors has authorized the Company's repurchase of up to US$10 million of its outstanding ADSs from time to time on the open market over the next 24 months. The timing and amount of any repurchase will be determined by the Company's management, based on market conditions, ADS price and other factors, and will be subject to the restrictions relating to volume, price and timing under applicable law, including Rule 10b-18 under the Securities Exchange Act of 1934. The repurchase program may be expanded, suspended or discontinued at any time without prior notice. Kenneth Hua Huang, Agria's chief executive officer, said, "We believe that at current price levels, Agria's ADSs are an attractive investment for the Company.

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