Grainnet

Maumee, Ohio—The Andersons, Inc. (NASDAQ:ANDE) announced on June 26 it expects its full-year earnings per share to exceed previous guidance.

The full-year 2008 guidance will be within the range of $4.40 and $4.80 per diluted share, up from the previous estimate of $3.65 to $4.00 per diluted share.

The increase is primarily due to improved performance of the Plant Nutrient Group.

The company's earnings per diluted share for 2007 were $3.75, which set a company record.

"Our team has performed tremendously so far this year, providing excellent service to our customers in a very challenging environment," says CEO Mike Anderson.

"We are off to a great start in the first half of the year, however we are cognizant that weather and other factors impacting the commodities markets may affect our second-half results."

For more information, call 419-891-6417.

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• The Andersons Inc.

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