Lifeway Foods Reports Record FY09 Q2 Revenues

Lifeway Foods, makers of the nutritious, probiotic dairy beverage called Kefir, announced today for the second quarter ended June 30, 2009, total consolidated sales increased 26% to $14,480,000 from $11,523,000 during the same period a year ago. The company's existing lines grew 7% and the recently acquired Freshmade Dairy recorded revenues of $2,152,730 during the second quarter 2009. Additionally, product sales to Costco, which are temporary in nature, contributed to approximately $300,000 in revenue in the second quarter of 2009. The company did not ship to Costco in the second quarter of 2008. Similar sales to Costco in the first quarter of 2009 contributed to approximately $700,000 in revenue. The company also began international shipments of their Kefir Wellness bars to Canada at the end of the second quarter of 2009.

About Lifeway Foods

Lifeway, recently named Fortune Small Business' 97th Fastest Growing Small Business, and one of only 4 companies to ever be named to the list four straight years in a row, is America's leading supplier of the cultured dairy product known as kefir, and now America's only supplier of Organic Kefir. Lifeway Kefir is a dairy beverage that contains Lifeway's exclusive 10 Live and Active probiotic cultures. While most regular yogurt only contains two or three of these "friendly" cultures, Lifeway kefir products offer more nutritional benefits. Lifeway offers 12 different flavors of its Kefir beverage, Organic Kefir and SoyTreat (a soy based kefir). Lifeway recently introduced a series of innovative new products such as pomegranate kefir, Greek-style kefir, a children's line of organic kefir products called ProBugs (TM) in a no-spill pouch in kid-friendly flavors like Orange Creamy Crawler and Sublime Slime Lime, and a line of organic whole milk kefir. Lifeway also produces a line of products marketed in US Hispanic communities, called La Fruta, Drinkable Yogurt (yogurt drinks distinct from kefir). In addition to its line of Kefir products, the company produces a variety of cheese products and recently introduced a line of organic pudding called It's Pudding!

This news release contains forward-looking statements. Investors are cautioned that actual results may differ materially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, competitive pressures and other important factors detailed in the Company's reports filed with the Securities and Exchange Commission.

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