Press Releases

In conjunction with The Andersons Third Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, Oct. 25, 2001 at 11:00 a.m. EDT with Mike Anderson, President and Chief Executive Officer, and Gary Smith, Vice President Finance and Treasurer, of The Andersons Inc.

  What:      The Andersons Inc. Third Quarter Earnings Release

  When:      11:00 a.m. EDT on Oct. 25, 2001

  Where:     http://www.videonewswire.com/event.asp?id=1404

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

  Contact:   Gary Smith, Vice President Finance and Treasurer, 419-891-6417

The Andersons, Inc. is a respected leader and prominent regional player in grain merchandising. Its strong position 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.

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

(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 28.8 Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to isproducers@prnewswire.com.)

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SOURCE: The Andersons, Inc.