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G. Willi-Food Announces Expected Q3 2013 Revenue Growth of Approximately 10% From Q3 2012

 G. Willi-Food Announces Expected Q3 2013 Revenue Growth of Approximately 10%
                                 From Q3 2012

PR Newswire

YAVNE, Israel, October 16, 2013

YAVNE, Israel, October 16, 2013 /PRNewswire/ --

G. Willi-Food International Ltd. (NASDAQ: WILC) (the "Company" or
"Willi-Food"), a global company that specializes in the development, marketing
and international distribution of kosher foods, today announced that it
expects revenue growth of approximately 10% for the quarter ended September
30, 2013 compared to revenue in the third quarter of 2012, based on a
preliminary assesment of the financial results.

"In the third quarter we were again able to achieve organic growth as market
demand for our kosher products continues to expand. Despite the fact that
this year the entire Jewish new year holiday season was in September,
significantly shortening the working month in Israel, we continued to gain
traction with new customers while product sales to existing customers
continued to grow," commented Zwi Williger, Chairman of Willi-Food. "Our
growth in the third quarter was particularly impressive given that food
consumption in Israel decreased overall by 3.2% in the third quarter of 2013
as compared to the third quarter of 2012, according to AC Nielsen Israel. Our
strategy to organically grow our customer base and product line appears to be
working." 

Willi-Food expects to release its financial results for the third quarter on
November 6, 2013.

The Company will host a conference call and live webcast on November 6, 2013
to discuss the financial results begining at 11:00 AM Eastern Time.
Interested parties may participate on the call by dialing 1-877-941-8416
(US), or 1-480-629-9808 (International), approximately 10 minutes prior to the
scheduled start time. Paricipants may also access a live listen only webcast
at:

http://public.viavid.com/index.php?id=106441

Following the conclusion of the call, atelophonic replay will be available
for 14 days beginning at 2:00 PM Eastern Time on November 6, 2013 through
11:59 PM Eastern Time on November 20, 2013 and may be accessed by dialing
1-877-870-5176 (US), or 1-858-384-5517 (International), using access code
4645872. In addition, an archived webcast will be available for one year at:

http://public.viavid.com/reports/eventparticipantreporttab.php?id=o5aoo5uY

About G. Willi-Food International Ltd.

G. Willi-Food International Ltd. (http://www.willi-food.com) is an
Israeli-based company specializing in high-quality, great-tasting kosher food
products. Willi-Food is engaged directly and through its subsidiaries in the
design, import, marketing and distribution of over 600 food products
worldwide. As one of Israel's leading food importers, Willi-Food markets and
sells its food products to over 1,500 customers in Israel and around the world
including large retail and private supermarket chains, wholesalers and
institutional consumers. The company's operating divisions include Willi-Food
in Israel and Gold Frost, a wholly owned subsidiary who designs, develops and
distributes branded kosher, dairy-food products.

This press release contains forward-looking statements within the meaning of
safe harbor provisions of the Private Securities Litigation Reform Act of 1995
relating to future events or our future performance, such as statements
regarding trends, demand for our products and expected sales, operating
results, and earnings. Forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause our actual results,
levels of activity, performance or achievements to be materially different
from any future results, levels of activity, performance or achievements
expressed or implied in those forward-looking statements. These risks and
other factors include but are not limited to: monetary risks including changes
in marketable securities or changes in currency exchange rates- especially
theNIS/U.S. Dollar exchange rate, payment default by any of our major
clients, the loss of one of more of our key personnel, changes in laws and
regulations, including those relating to the food distribution industry, and
inability to meet and maintain regulatory qualifications and approvals for our
products, termination of arrangements with our suppliers, in particular Arla
Foods, loss of one or more of our principal clients, increase or decrease in
global purchase prices of food products, increasing levels of competition in
Israel and other markets in which we do business, changes in economic
conditions in Israel, including in particular economic conditions in the
Company's core markets, our inability to accurately predict consumption of our
products and changes in consumer preferences, our inability to protect our
intellectual property rights, our inability to successfully integrate our
recent acquisitions, insurance coverage not sufficient enough to cover losses
of product liability claims and risks associated with product liability
claims. We cannot guarantee future results, levels of activity, performance or
achievements. The matters discussed in this press release also involve risks
and uncertainties summarized under the heading "Risk Factors" in the Company's
Annual Report on Form 20-F for the year ended December 31, 2012, filed with
the Securities and Exchange Commission on April 30, 2013. These factors are
updated from time to time through the filing of reports and registration
statements with the Securities and Exchange Commission. We do not assume any
obligation to update the forward-looking information contained in this press
release.

Company Contact:

G. Willi Food International Ltd.
Raviv Segal, CFO
+972-8-932-1000
raviv@willi-food.co.il



SOURCE G. Willi-Food International Ltd.
 
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