1. JasdeepSahota
FOR RELEASE AT 3 PM EST JULY 20, 2007
JAMIESON RESULTS FOR FISCAL 2007 SECOND QUARTER
SecondQuarter Highlights
 An extended period of drought conditions in the mid-western and western U.S. has led to
introduction of a drought assistance program by the USDA and heavily influenced
comparative figures for the fiscal 2007 second quarter and six months by helping
Jamieson attain record feed sales and strong profitability in the first half of last year.
 This year, there has been no drought assistance program -- there have been better
moisture conditions for cattle grazing – impacting sales volumes.
 This year, sales volumes in the U.S. of both feed and higher margin low moisture
nutritional blocks are sharply lower in the quarter and for the year to date.
 In Canada, pork producers are facing a combination of weak market prices and a lower
US dollar exchange rate.
FinancialOverview
Toronto, Ontario; July 20, 2007 - Jamieson today announced net earnings for the second
quarter of 2007 ended June 30 2007 of $5 million (CAD) on sales of $164.4 million for EPS
diluted of $0.37 compared to net earnings of $8.5 million on sales of $196.8 million and EPS
diluted of $0.62 for the same quarter of 2006. Net earnings for the first six months of 2007 were
$8.5 million on sales of $308.9 million and EPS of $0.62 compared to net earnings of $13
million on sales of $363.1 million and EPS of $0.95 for the same period of 2006.
(Millions of dollars except for
EPS)
3 Months
Ended
30-June-07
3 Months
Ended
30-June-06
6 Months
Ended
30-June-07
6 Months
Ended
30-June-06
Sales $164.4 $196.8 $308.9 $363.1
EBITDA* 13.5 21.5 23.3 34.7
Net earnings from continuing
operations
6.0 10.5 9.6 16.1
Discontinued operations (0.9) (2.0) (1.1) (3.1)
Net earnings 5.0 8.5 8.5 13.0

2. JasdeepSahota
EPS - diluted 0.37 0.62 0.62 0.95
*EBITDA – earnings from continuing operations before interest, income taxes, depreciation and
amortization. EBITDA does not have a standardized meaning prescribed by Canadian GAAP
and therefore is not readily comparable to similar measures presented by other companies.
Messagefrom CEO and President, Bob Galloway
I am very pleased to report a profit in the second fiscal quarter. We have experienced tremendous
growth even with continuing weak swine economics for producers on both sides of the Canada-
US border. A weakening US dollar and the ban of Canadian cattle and beef products because of
BSE have both impacted our business. We will continue to surpass these challenges to advance
our company forward. I look forward to your continued support!
About JamiesonInc.
Jamieson Inc., (www.Jamiesoninc.com) is one of the largest commercial animal nutrition
companies in North America. It provides feed for cattle, swine, horses, chickens, turkeys and
other animals.
Feel free to reach us online or contact directly,
Contact:
News Media
Jasdeep Sahota
Jamieson Inc.
647-525-8858
press@jamiesoninc.com