WCB

Saputo Inc. (TSX:SAP) ("Saputo" or the "Company") announces today, as a result
of its 87.92% shareholding in Warrnambool Cheese and Butter Factory Company
Holdings Limited ("WCB"), it has requested a number of modifications to WCB's
constating documents to, among other things, allow a restructure of the WCB
board. The modifications will be put to WCB shareholders for consideration at a
general meeting to be held on May 9, 2014.


Five nominees will be standing for election or re-election at the general
meeting: from Saputo Inc., Lino A. Saputo, Jr., Chief Executive Officer and Vice
Chairman of the Board and Louis-Philippe Carriere, Executive Vice President,
Finance and Administration, as well as Terry Richardson, Bruce Valance and
Neville Fielke, who are current WCB board members. 


The proposed composition of the WCB board will allow WCB to benefit from the
experience of current WCB board members seeking re-election, in terms of their
knowledge of local market dynamics, the dairy industry, the WCB business and its
key relationships, while adding Saputo nominees to the board.


About Saputo

Saputo produces, markets, and distributes a wide array of dairy products of the
utmost quality, including cheese, fluid milk, extended shelf-life milk and cream
products, cultured products and dairy ingredients. We are one of the top ten
dairy processors in the world, the largest in Canada, the third largest in
Argentina, the fourth largest in Australia and among the top three cheese
producers in the United States. Our products are sold in more than 40 countries
under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong,
Baxter, Dairyland, Dragone, DuVillage 1860, Friendship, Frigo Cheese Heads,
Great Midwest, King's Choice, Kingsey, La Paulina, Milk2Go, Neilson, Nutrilait,
Ricrem, Salemville, Sungold, Stella and Treasure Cave. Saputo Inc. is a publicly
traded company whose shares are listed on the Toronto Stock Exchange under the
symbol "SAP".


FOR FURTHER INFORMATION PLEASE CONTACT: 
Media and Investor Relations
Sandy Vassiadis
Director, Corporate Communications
514-328-3347

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