Industrias Bachoco Announces Filing Form 20-F/A with the SEC

CELAYA, Mexico, July 15 /PRNewswire-FirstCall/ -- Industrias Bachoco S.A.B. de C.V. ("Bachoco" or "the Company") (NYSE: IBA; BMV: Bachoco B) today filed its Annual Report on Form 20-F/A (the "2008 Form 20-F/A") for the year ended December 31, 2008 with the Securities and Exchange Commission ("SEC"). The 2008 Form 20-F/A includes the audited consolidated financial statements of Industrias Bachoco, S.A.B. de C.V. and its subsidiaries for the years ended December 31, 2006, 2007, and 2008, under Mexican GAAP, including a reconciliation of Mexican GAAP to U.S. GAAP for net income and shareholders' equity.

The 2008 Form 20-F/A replaces in its entirety the Form 20-F/A that was filed on July 1, 2009 and includes the items which were omitted from the previous Form 20-F/A as a result of the Company's external auditors requiring additional time to complete their audit of the reconciliation of the Company's consolidated financial statements under Mexican FRS to U.S. GAAP.

The 2008 Form 20-F/A can be downloaded from the SEC website at www.sec.gov and can also be found on Bachoco's website at www.bachoco.com.mx under "Investor Relations." The Company's Mexican shareholders and the holders of its American depositary shares can also request hard copies of the 2008 Form 20-F/A, free of charge, by contacting us at the following address:

    Industrias Bachoco, S.A.B. de C.V.
    Attention: Investor Relations, Av. Tecnológico 401, Celaya, Guanajuato,
    Mexico
    Telephone: 011-52-461-6183555

Company Description

Industrias Bachoco S.A.B. de C.V. is the largest poultry company in Mexico, with over 700 production and distribution facilities currently organized in nine complexes throughout the country. Bachoco's main business lines are chicken, eggs, swine and balanced feed. The Company's headquarters are based in Celaya, Guanajuato, located in Mexico's central region. Its securities are listed and traded on the BMV (Bachoco B) and on the NYSE (IBA).

For more information, please visit Bachoco's website at http://www.bachoco.com.mx or contact our IR department.

This press release contains certain forward-looking statements that are subject to a number of uncertainties, assumptions and risk factors that may influence its accuracy. Actual results may differ. Factors that could cause these projections to differ include, but are not limited to: supply and demand, industry competition, environmental risks, economic and financial market conditions in Mexico, and operating cost estimates. For more information regarding Bachoco and its outlook, please contact the Company's Investor Relations Department.

    IR Contacts:

    Daniel Salazar, CFO
    Claudia Cabrera, IRO
    Ph. 011 52 (461) 618 35 55
    inversionistas@bachoco.net

    In New York:
    Lucia Domville
    The Global Consulting Group
    Ph. (646) 284 9416
    ldomville@hfgcg.com

    Headquarters:
    Industrias Bachoco, S.A.B. de C.V.
    Av. Tecnologico 401, Celaya, Gto.
    Mexico 38010
    www.bachoco.com.mx

SOURCE Industrias Bachoco, S.A.B. de C.V.