October 12, 2007 (Montr̩al, QC) РSaputo Inc. awarded $60,000 in bursaries to 14 high-level athletes as part of the Saputo Bursary Program run by the Quebec Foundation for Athletic Excellence.

With the Beijing Olympic Games fast approaching in August 2008, and the 2010 Olympic Winter Games in Vancouver, it is important for Saputo to support athletes in their efforts to reach new levels of performance. Now, as these athletes’ dreams are fueled by inspiration and a thirst for self-betterment, Saputo is pleased to have been able to increase the amount of money to be awarded to a few of the bursary recipients this year.

Because Saputo is convinced that healthy nutrition, supported by physical activity, is the key to a balanced growth for future generations, the Company makes sports development a big part of its commitment to the community.

The Quebec Foundation for Athletic Excellence reiterated its appreciation to Saputo, which has been providing tangible support to young athletes in pursuit of their dreams since 2000.

In 2005, Saputo renewed its partnership with the Foundation when it announced a $425,000 commitment over a 5-year period. Out of this amount, $25,000 is invested to support the Foundation’s activities and $60,000 is awarded annually in bursaries to athletes in different disciplines. In addition, this partnership stipulates that athletes coming from outside Québec who train in a national training centre in Québec will also be able to obtain bursaries.

Recipients Under Saputo’s Bursary Program for 2007

– Meaghan Benfeito (Diving) $5,000 – 4th place on 10m synchro at 2007 Worlds
РChlo̩ Dufour-Lapointe (Freestyle skiing-moguls) $5,000 РGold in dual and bronze in singles at 2007 Junior Worlds
– Maxime Dufour-Lapointe (Freestyle skiing-moguls) $3,500 – 6th in singles and 21st in dual at 2007 Junior Worlds
– Martine Dugrenier (Wrestling) $5,000 – Silver at 2007 World Championships
– Dasha Gaïazova (Cross-country skiing) $5,000 – 40th in 30km classic, 46th in 15 km pursuit at 2007 Nordic Worlds
– Whitney Genoway (Water polo) $3,500 – Bronze at the 2007 Thetis Cup and silver at 2006 Commonwealth Games
– Martin Gilbert (Track cycling) $5,000 – Gold in road race, 4th in scratch race at 2007 Pan American Championships
– Kimberly Hyacinthe (Track and field) $3,000 – Silver in the 200m at 2007 Loma International Festival
– Kerry Kaukinen (Water-polo) $3,000 – 10th at 2007 Junior World Championships
РVal̩rie Maltais (Short track speed skating) $3,500 Р6th in the 1 500m at 2007 Junior World Championships
– Bryan Milonja (Trampoline) $5,000 – Gold in synchronized trampoline at Russia World Cup
– Mickaël Poulin (Wheelchair basketball) $3,500 – Winner of Osaka Cup in 2007
– Isabelle Rampling Synchronized swimming) $5,000 – 6th in duet at FINA 2007 World Championships
– Frazer Will (Judo) $5,000 – Gold at the 2007 Celje and Budapest World Cups

Saputo Inc.
Saputo, a whole world to discover. With its distinctive array of products and its commitment to growth, Saputo continues to explore and seize new opportunities while maintaining the best of tradition. Through product innovations, global expansion and unwavering employee dedication, Saputo produces, markets and distributes products of the highest quality. Saputo is one of the top twenty dairy processors in the world, the largest dairy processor in Canada, among the top five cheese producers in the United States, the third largest dairy processor in Argentina and the largest snack-cake manufacturer in Canada. Success stems from the passion and expertise of the 8,900 men and women who work in its numerous locations worldwide. Well-known brands such as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, Danscorella, De Lucia, Dragone, DuVillage de Warwick, Frigo, Kingsey, La Paulina, Nutrilait, Princesse, Ricrem, Sir Laurier d’Arthabaska, Stella, Treasure Cave, HOP&GO!, Rondeau, and Vachon have earned the trust of consumers in over thirty countries. Saputo Inc. is a public company whose shares are traded on the Toronto Stock Exchange under the symbol SAP.

Quebec Foundation for Athletic Excellence
The mission of the Foundation is to financially support and encourage student-athletes in their pursuit of excellence and to promote athletes as role models in Québec society. By the end of 2007, the Foundation will have awarded more than $600,000 in bursaries. Come visit our website at www.faeq.com.