57515--9/8/2006--LANCASTER_COLONY

related topics

{cost, regulation, environmental}

{tax, income, asset}

{cost, operation, labor}

{acquisition, growth, future}

{property, intellectual, protect}

We may be subject to product recalls or product liability claims for misbranded, adulterated, contaminated or spoiled food products or defective consumer products. Increases in energy-related costs could negatively affect our business by increasing our costs to produce goods. The availability and cost of transportation for our products is vital to our success, and the loss of availability or increase in the cost of transportation could have an unfavorable impact on our business and results of operations. Our inability to bring production online and efficiently operate our new salad dressing facility could have a material adverse effect on our business and results of operations. Our inability to successfully renegotiate union contracts and any prolonged work stoppages could have an adverse effect on our business and results of operations. Any reduction of CDSOA distributions in the future would reduce our earnings. Impairment charges could have a material adverse effect on our financial results. We may not be able to successfully consummate proposed acquisitions or divestitures or integrate acquired businesses. We are subject to federal, state and local government regulations that could adversely affect our business and results of operations.

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57515--9/8/2006--LANCASTER_COLONY_CORP