SAP Saputo Inc

Saputo Inc. (TSX:SAP) ("Saputo" or the "Company") announces today measures aimed
at improving its operational efficiency. Saputo will close four of its
facilities, two in Canada, in Wetaskiwin and Glenwood (Alberta); as well as two
in the USA, in New London (Wisconsin) and Hancock (Maryland). The current
production will be integrated into other Saputo facilities. The first facility
closure is scheduled in May 2014 and the last closure will occur in December
2015. In all, approximately 180 employees will be impacted. These employees will
be provided with severance and outplacement support; and some will be offered
the possibility of transferring to other Saputo locations.


Over the recent years, Saputo has maintained efforts to pursue additional
efficiencies and decrease costs while strengthening its market presence. The
announced measures are part of the Company's continual analysis of its overall
activities.


In relation to these rationalizations, the Company intends to add approximately
$35 million in new fixed assets in other Saputo facilities and will avoid the
same amount in capital expenditures that would have been necessary to upgrade
impacted facilities. Costs connected with the closures will be approximately
$19.8 million after taxes, which include an after tax fixed assets write down of
approximately $14.3 million. These costs will be recorded in the fourth quarter
of fiscal 2014. Annual savings after taxes should be approximately $4.8 million
and should commence in fiscal 2015.


About Saputo

Saputo produces, markets, and distributes a wide array of dairy products of the
utmost quality, including cheese, fluid milk, extended shelf-life milk and cream
products, cultured products and dairy ingredients. We are one of the top ten
dairy processors in the world, the largest in Canada, the third largest in
Argentina, the fourth largest in Australia, and among the top three cheese
producers in the United States. Our products are sold in more than 40 countries
under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong,
Baxter, Dairyland, Dragone, DuVillage 1860, Friendship, Frigo Cheese Heads,
Great Midwest, King's Choice, Kingsey, La Paulina, Milk2Go, Neilson, Nutrilait,
Ricrem, Salemville, Sungold, Stella and Treasure Cave. Saputo Inc. is a publicly
traded company whose shares are listed on the Toronto Stock Exchange under the
symbol "SAP".


FOR FURTHER INFORMATION PLEASE CONTACT: 
Media and Investor Relations
Sandy Vassiadis
Director, Corporate Communications
514-328-3347

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