Press Releases

The Andersons, Inc. announces the following Webcast:

  What:     The Andersons, Inc. 3rd Quarter Earnings Webcast

  When:     Thursday, Oct. 24, 2002 at 11:00 a.m. EDT

  Where:    http://www.andersonsinc.com/ or
            http://www.firstcallevents.com/service/ajwz367184468gf12.html

  How:      Live over the Internet -- Simply log on to the web at the
            address above.

  Contact:  Gary Smith, VP Finance & Treasurer, 419-891-6417,
            gary_smith@andersonsinc.com

If you are unable to participate during the live webcast, the call will be archived on the Web site www.andersonsinc.com . To access the replay, click on financial information.

About The Andersons, Inc.

The Andersons, Inc. is a respected leader and prominent regional player in grain merchandising. Its strong posit ion in this basic business has allowed the company to diversify into other agribusiness operations, railcar leasing, turf care product manufacturing and distribution, and general merchandise retailing. The company has been in operation since 1947. The Andersons, Inc. can be found online at http://www.andersonsinc.com/ .

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webcastsupport@tfprn.com .)

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SOURCE: The Andersons, Inc.