Chiquita Announces Preliminary Fourth Quarter and Full-Year 2007 Selected Results and a Proposed Refinancing.

PR Newswire Europe, January, 2008

CINCINNATI, January 28 /PRNewswire/ --

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Chiquita Brands International, Inc. (NYSE: CQB) today reported preliminary unaudited selected results for the fourth quarter and full-year 2007 and announced the details of a proposed refinancing, which is described in more detail below. The company is providing this information and certain financial metrics on a one-time basis only and does not intend to update this information prior to its regularly scheduled fourth quarter and full-year 2007 conference call on Feb. 19, 2008 and subsequent filings with the Securities & Exchange Commission.

Fourth quarter net sales increased approximately 6 percent year-over-year to US$1.2 billion, and the...

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