ZALTBOMMEL, The Netherlands, July 6 /PRNewswire/ --     The international co-operative dairy company Campina, and Thai Advanced
Food, a leading Thai company active in cultured yoghurts and drinks under the
Betagen-brand, announce that they have set up a new joint venture in
Thailand, which has become effective as of 2nd July 2007.

Both companies are convinced that by teaming up and sharing each others
resources and know-how, further accelerated profitable growth can be realized
in the promising market segment of health related products, both in Thailand
as in surrounding countries.

The joint venture will have approximately 600 employees. With a joined
turnover of approximately EUR 60 million it will contribute considerably to
Campina's turnover in Asia. The activities of the joint venture will be the
production of cultured yoghurt and yoghurt drinks, as well as marketing,
sales and logistics.

For Campina this joint venture fits very well in its strategic ambition
to expand its international business in the area of healthy products,
particularly via yoghurts and drinks. In many Western European markets
Campina is a successful player with its yoghurts, yoghurt drinks and low fat
concepts, which are mainly marketed under the Campina brand, such as Campina
Optimel/Optiwell and Campina Vifit (The Netherlands, Germany) and Campina
Fruttis (Russia). With these products Campina aims to satisfy the growing
demand of more health conscious consumers. The Campina Innovation centre, in
Wageningen Food Valley (The Netherlands), is best equipped to develop new
health related products, fitting this new and promising market segment.

For Thai Advanced Foods, headquartered in Bangkok, the partnership with
Campina creates many new opportunities, in particular by getting access to
state-of-the-art knowledge and competences in research and development,
technology and marketing.

In order to be able to focus on growth in cultured yoghurt and yoghurt
drinks Campina has decided to stop its production and sales activities of
primarily private label milk in Thailand. Due to this decision Campina has
finished its joint-venture with Thai Dairy Industries on producing these
products.

Note for Editors:

Campina

The international co-operative dairy company Campina consists of 8,000 
dairy farmers who jointly own Campina.

They take care for their cows and the landscape every day as well as 
producing the highest quality milk. This milk, full of natural
ingredients for the human body, forms the basis for the milk, dairy drinks,
yoghurts, desserts, cheese and butter that consumers recognise from the
Campina, Landliebe and Mona brands. In addition, Campina is known worldwide
as a leading supplier of ingredients used in a variety of food and
pharmaceutical products. With their passion for dairy, Campina's 6,300
employees realise turnover of more than EUR 3.6 billion.

Website: www.campina.com

Thai Advanced Food

Thai Advanced Food: founded in 1975, is a very successful privately owned
company, specialized in mainly cultured milk and yoghurt products in Thailand
under the Betagen brand name. It has its head office in Bangkok and factory
in Nakhonprathom.