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The Andersons, Inc. Announces Second Quarter Cash Dividend

The Andersons, Inc. today announced a cash dividend of 4.75 cents per share, payable April 23, 2007, to shareholders of record on April 2, 2007.

This is The Andersons' 42nd consecutive quarterly cash dividend since its listing on the Nasdaq on February 20, 1996. There are about 17.8 million common shares outstanding.

About The Andersons, Inc.

The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production, and general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now has operations in seven U.S. states plus rail leasing interests in Canada and Mexico. For more, visit The Andersons online at

SOURCE: The Andersons, Inc.

CONTACT: Gary L. Smith, VP, Finance & Treasurer of The Andersons, Inc.,
+1-419-891-6417, or