Buhler Industries Reports 1st Quarter Earnings
Winnipeg, Manitoba
January 22, 2007

3 months to December 31, 2006 Year ago
Revenue $28,313,000
$39,389,000
Net profit $149,000
$1,707,000
Net profit / share $0.01 $0.07

Revenue Decreased

Revenue for the first quarter decreased by 28% to $28.3 million compared with $39.4 million last year.

Net Earnings Decreased

Earnings per share dropped to $0.01 per share. There are no options issued or outstanding. The number of shares outstanding remains at 25 million.

Dividends

The Company has paid dividends for 13 consecutive years. An annual dividend of $0.15 per share was paid on January 16, 2007, to shareholders of record on December 4, 2006.

137th Consecutive Quarter of Profit

The Company has now achieved 38 consecutive years and 137 consecutive quarters of profit.

Complete Financial Statement

Contact

Ossama A. Abouzeid, Ph.D., MBA President and CFO
Phone: (204) 654-5710
E-mail:?oabouzeid@buhler.com

Trading symbol: BUI

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