Conference Call and Webcast for Analysts and Institutional Investors

MONTREAL, QUEBEC–(EMWNews – Aug. 6, 2008) –

Fiscal 2008 Annual Meeting of Shareholders

Saputo Inc.’s Annual Meeting of Shareholders will be held on Wednesday, August 6, 2008 at 11:00 AM (Eastern time), at the Sheraton Laval (Room Laval 2).

To attend the meeting on the Web

Address: www.saputo.com

The speakers will be:

Mr. Lino Saputo, Chairman of the Board

Mr. Lino A. Saputo, Jr., President and Chief Executive Officer

Mr. Louis-Philippe Carriere, Executive Vice President, Finance and Administration

Fiscal 2009 First Quarter Results

A conference call to discuss the fiscal 2009 first quarter results will be held on Wednesday, August 6, 2008, at 3:00 PM (Eastern time).

To participate in the conference

Phone number: 1 888 241 0326

ID Number: 54360805

To ensure your participation, please dial in approximately five minutes before the call.

To listen to the call on the Web

Address: http://events.onlinebroadcasting.com/saputo/080608/index.php

The conference call will begin with a brief presentation followed by a question and answer period. The speakers will be:

Mr. Lino A. Saputo, Jr., President and Chief Executive Officer

Mr. Louis-Philippe Carriere, Executive Vice President, Finance and Administration

For those unable to participate, an instant replay will be available until midnight, Wednesday, August 13, 2008.

To access the replay

Phone number: 1 800 374 6971

ID Number: 54360805

The conference call will also be archived on the Saputo Website at www.saputo.com.