Halloren issue corporate bonds

Halloren Schokoladenfabrik, intends tapping the resources of the money market in order to boost investment in the company and support future growth. To this end Halloren is issuing corporate bonds in the form of a partial debenture in order to finance growth and acquisitions, to strengthen brands and improve quality as well as to safeguard jobs. CEO Klaus Lellé announced growth in sales of 14 % for the first three quarters of 2004. Sales of the Halloren chocolate balls rose during this period by 25 %.Lellé expects 2004 whole year sales to reach €27 m,an increase of 10 % on 2003.