The Andersons, Inc. Announces Fourth Quarter Cash Dividend

PRNewswire-FirstCall
MAUMEE, Ohio
Aug 21, 2008

The Andersons, Inc. today announced a fourth quarter 2008 cash dividend of 8.5 cents ($0.085) payable Oct. 22, 2008, to shareholders of record on Oct. 1, 2008.

This is The Andersons' 48th consecutive quarterly cash dividend since its listing on the Nasdaq on February 20, 1996. There are approximately 18.1 million common shares outstanding.

About The Andersons, Inc.

The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production, and general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now has operations in 11 U.S. states and Puerto Rico, plus rail equipment leasing interests in Canada and Mexico. For more, visit The Andersons online at www.andersonsinc.com .

First Call Analyst:
FCMN Contact:

SOURCE: The Andersons, Inc.

CONTACT: Gary L. Smith, VP, Finance & Treasurer, The Andersons, Inc.,
+1-419-891-6417, gary_smith@andersonsinc.com


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Grain
Plant Nutrient
Ethanol
Rail