Press Releases

In conjunction with The Andersons, Inc. First Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Wednesday, April 24 at 11:00 am Eastern Daylight Time.

  What:     The Andersons, Inc. First Quarter Earnings Release
            Conference Call

  When:     Wednesday, April 24, 2002, at 11:00 am EDT

  Where:    http://www.andersonsinc.com or
            http://www.videonewswire.com/event.asp?id=4168

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

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

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.

The Andersons, Inc. is a respected leader and prominent player in grain merchandising and wholesale fertilizer distribution in the Eastern Corn Belt. 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/ .

(Minimum Requirements to listen to broadcast: The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp, and at least a 28.8Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to isproducers@prnewswire.com.)

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SOURCE: The Andersons, Inc.