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Author: GreenSpam100 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 468  
Subject: I Didn't Mean to Wake You Up!! Date: 1/13/2005 7:20 PM
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Following my post "Shhh" from yesterday, but certainly not attributable thereto, it seems a creature is actually stirring at Lifeway. Atta' Boy Eddie, & thanks for thinking about the poor fools who have a position in your Company, and have been feeling kinda' foolish lately. Pass the Stoli..I'll drink a toast to you and all the other Smolyanskys. Hopefully, when you and the family do your stuff, I'll be able to afford the Beluga to go along with it. Right now, I'm stuck with Bologna on Rye.


MORTON GROVE, Ill., Jan. 13 /PRNewswire-FirstCall/ -- Lifeway Foods, Inc.
(Nasdaq: LWAY) announced today that its board of directors has authorized a
stock repurchase program of up to 50,000 shares of the Company's common stock.
Under such program, Lifeway Foods may repurchase up to 50,000 shares of the
Company's common stock periodically in open market transactions for a period
of one year from the date of the first purchase. Shares will be repurchased
in accordance with Rule 10b-18 under the Securities Exchange Act of 1934 and
other applicable laws, rules and regulations. The Company will use its
available cash resources to fund the stock repurchase program.



Edward Smolyansky, CFO of Lifeway Foods, commented, "I am very pleased
that our board of directors has unanimously approved this stock repurchase
program. Given the current market conditions and our current cash position,
we believe that repurchasing Lifeway stock is a prudent investment which
demonstrates our commitment to growth and to enhancing long term shareholder
value."



Lifeway, recently named as Fortune Magazine's 38th Fastest Growing Small
Company and 47th on the Forbes 200 Best Small Companies, is a manufacturer of
cultured, probiotic and functional food products in the health food industry,
and is America's leading supplier of the cultured dairy product known as
kefir. The Company markets 12 flavors of kefir, and America's first and only
no sugar added, low carb kefir, Slim 6(TM). The Company also participates in
the organic and soy markets with Lifeway Organic(TM), Organic Kefir and Kefir
Cheese, and America's first soy kefir called SoyTreat(TM). The Company
recently added a line of gourmet cream cheeses.

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