Saputo Encourages Excellence By Presenting $120,000 In Bursaries To 37 Student-Athletes

Montreal – Saputo Inc. revealed today the names of the 37 student-athletes who will be granted a total of $120,000 in bursaries through the 12th edition of the Saputo Bursary Program—within the Quebec Foundation for Athletic Excellence.

Last year, Saputo announced it was renewing its partnership with the Foundation by donating one million dollars over five years—a $200,000 per year investment.

Saputo would like to salute the Quebec Foundation for Athletic Excellence for its exceptional work on behalf of student-athletes, and for the solid partnerships it has built with Quebec businesses that support the development of today’s high performance athletes. These young men and women, who represent our society, highly deserve our support in their quest for success—both for their dedication to their sport and for the example they set.

Mr. Claude Chagnon, President of the Quebec Foundation for Athletic Excellence, said, We are very proud to be associated with such a prestigious and world famous Quebec-based company. Our common values regarding healthy lifestyle choices and the importance of education allow our partnership to strengthen year after year. Saputo demonstrates initiative, leadership and passion in its support of today’s Olympians and young student-athletes representing tomorrow’s Olympians.

Among this year’s bursary recipients, several have excelled on the international scene. They include Olympic wrestler Martine Dugrenier, recipient of a seventh Saputo bursary. She was named World Champion three times and is aiming for a medal at the next Olympic Games in London. And in freestyle skiing-moguls, the three sisters Maxime, Justine and Olympian Chloé Dufour-Lapointe are now all on the National team with an eye on the 2014 Winter Olympic Games in Sochi. And in weightlifting, Marilou Dozois-Prévost, who finished 10th at the Summer Olympic Games in Beijing, is aiming for a podium at her 2nd Olympic Games in London next summer.

About Saputo

Saputo produces, markets and distributes a wide array of products of the utmost quality, including cheese, fluid milk, yogurt, dairy ingredients and snack-cakes. Saputo is the 12th largest dairy processor in the world, the largest in Canada, the third largest in Argentina, among the top three cheese producers in the United States and the largest snack-cake manufacturer in Canada. Our products are sold in more than 50 countries under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, Danscorella, Dragone, DuVillage 1860, Frigo Cheese Heads, Great Midwest, King’s Choice, Kingsey, La Paulina, Neilson, Nutrilait, Ricrem, Salemville, Stella, Treasure Cave, hop & go, Rondeau and Vachon. Saputo is a publicly traded company whose shares are listed on the Toronto Stock Exchange under the symbol SAP.

About the Quebec Foundation for Athletic Excellence

The mission of the Foundation is to financially support and encourage student-athletes in their pursuit of excellence and to promote athletes as role models in Quebec society. Over the past five years, the Foundation has awarded over $3 million in bursaries to student-athletes, and endeavours to increase its yearly amount in bursaries to $1 million as part of its plan for 2010-2015.

Source: Saputo