Buhler Industries Reports 1st Quarter Earnings
Winnipeg, Manitoba
January 23, 2006

3 months to December 31, 2005 Year ago
Revenue $39,389,000 $45,811,000
Net profit $1,707,000 $1,647,000
Net profit / share $0.07 $0.07

Revenue Decreased

First quarter revenue decreased by 14% to $39.4 million compared with $45.8 million last year.

Net Earnings Increased

Net earnings improved slightly by 3.5% to $1.7 million ($0.07 per share) compared with $1.6 million ($0.07 per share) last year.

The number of shares outstanding remains at 25 million.

Dividends

The Company increased its annual dividend for the 13th consecutive year from $0.14 to $0.15 per share. The dividend was paid on January 13th, 2006, to shareholders of record on December 2nd , 2005.

133rd Consecutive Quarter of Profit

The Company has now achieved 37 consecutive years and 133 consecutive quarters of profit.

Complete Financial Statement

Contact

Craig Engel - President
Phone: (204) 228-6206
E-mail: cengel@buhler.com

Trading symbol: BUI

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