Press Releases

The Andersons, Inc. today announced a cash dividend of 8 cents per share, payable Jan. 24, 2005, to shareholders of record on Jan. 1, 2005.

This is The Andersons' 33rd quarterly cash dividend since its listing on the Nasdaq on February 20, 1996. There are approximately 7.3 million common shares outstanding.

The Andersons, Inc. is a diversified company with interests in the grain and plant nutrient sectors of U.S. agriculture, as well as in railcar marketing, industrial materials formulation, turf products production, and general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company presently has operations in seven U.S. states plus rail equipment leasing interests in Canada and Mexico. Total revenues in 2003 exceeded $1.2 billion.

The Andersons, Inc. is located on the Internet at http://www.andersonsinc.com/ .

SOURCE: The Andersons, Inc.