Press Releases

In conjunction with The Andersons' Fourth Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, February 1, 2001 at 11:00 AM EST with Mike Anderson, President and Chief Executive Officer, and Gary Smith, VP Finance and Treasurer of The Andersons, Inc.

  What:     The Andersons, Inc. Fourth Quarter and Year End Earnings Release

  When:     Thursday, February 1, 2001 @ 11:00 AM EST

  Where:    http://www.videonewswire.com/ANDERSONS/020101/

  How:      Live over the Internet -- Simply log on to the Web at the
            address above

  Contact:  Gary Smith, VP Finance and Treasurer, 419-891-6417

The Andersons, Inc. is a respected leader and prominent regional player in grain merchandising. Its strong position in this basic business has allowed the company to diversify into other agribusiness operations, railcar leasing, turf care product manufacturing and distribution, and general merchandise retailing. The company has been in operation since 1947. The Andersons, Inc. is located on the Internet at http://www.andersonsinc.com/ .

If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.andersonsinc.com/ . To access the replay, click on financial information.

(Minimum Requirements to listen to broadcast: The RealPlayer software, downloadable free from www.real.com/products/player/index.html, and at least a 14.4Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webmaster@vdat.com.)

SOURCE: The Andersons, Inc.