Excellent start to the year : Q1 2006 sales: +120 % to EUR 18.3 million

In EUR millions With variation in USD At constant USD exchange rates
  2005 2006 Change 2005 2006 Change
First quarter 8.3 18.3 +119.6% 8.3 16.9 +102.2%
First quarter
 (pro forma*)
14.3 18.3 +28.1% 14.3 16.9 +18.0%
USD exchange rate 1.330 1.193   1.330 1.330  
* Proforma figures include Pure World as of January 1, 2005.

The very strong increase in Naturex sales in the first quarter of 2006 (+120% or +102% at constant dollar exchange) was driven by both the Group's broadening of the consolidation scope (acquisition of Pure World) and the extremely buoyant organic growth (+28.1% or +18.0% at constant dollar exchange rate and based on proforma sales in 2005). Furthermore, this growth exceeds the yearly target organic growth rate announced by the company last March of between 10% and 15%.

Every geographical area, in which the Group is present, contributed to this impressive performance. Based on Proforma and at constant dollar exchange rate, growth is reported at 18.5% for Naturex's North American business, 15.6% for its activities in Europe and 26.4% in Asia, where the company's activities are still in their start-up phase.

With an over 6 month lead on its initial schedule for the integration of Pure World, Naturex is now ready to look into new acquisition possibilities.

Payment of a dividend of EUR 0.10 per share

Following its strong performance in 2005, Naturex will once again propose the payment of a dividend of EUR 0.10 per share at its AGM on June 14.

Naturex will publish its sales for the first half of 2006 in mid-July.

About Naturex

Naturex manufactures and markets 100% natural plant extracts for the food, flavour, nutraceuticals and cosmetics industries. Headquartered in Avignon, France, Naturex is an international company generating over 90% of its sales in 30 countries outside France, with 70% of sales on the North American market. Naturex operates manufacturing facilities in France, Morocco and the United States, and a representative office in Singapore.

If you would like to receive financial information about Naturex by e-mail, contact: www.kaparcafinance.com
 Your contacts

 Jacques Dikansky ? President
 Tel.: + 33 (0)4 90 23 96 89 / j.d i kansky@naturex.com
 Thierry Lambert ? Vice President
 Tel.: +33 (0)4 90 23 96 89 / t.lambert@naturex.com
 Agnès Villeret ? Press relations
 Tel.: +33 (0)1 53 67 36 39 / avilleret@actus.fr
 Laurence Marquézy ? Investor relations
 Tel.: +33 (0)1 72 74 82 23 / lmarquezy@kaparcafinance.com
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