G. Willi-Food Receives Temporary Injunction in Connection With Shamir Salads

YAVNE, Israel, June 1 /PRNewswire-FirstCall/ -- G. Willi-Food
International Ltd. (NASDAQ: WILC) (the "Company" or "Willi-Food"), one of
Israel's largest food importers and a single-source supplier of one of the
world's most extensive range of quality kosher food products, today announced
that on May 27, 2009, the district court in Tel Aviv issued a temporary
injunction against the minority shareholders of Shamir Salads (the
"Sellers"), with whom the Company had entered into a January 2, 2008
agreement to purchase approximately 51% of the shares of Shamir Salads (the
"Shamir Agreement").
As previously announced, on May 14, 2009, the Company received from the
Sellers a notice cancelling the Shamir Agreement, and on May 18, 2009, the
Company was notified of unilateral actions taken by the Sellers with respect
to a change in Shamir Salads' board composition and signatory rights and
replacement of the articles of association of Shamir Salads in an effort by
the Sellers to deprive the Company of its board representation and signatory
rights in Shamir Salads.
Pursuant to the injunction issued by the court, the Sellers are
prohibited from taking any action not in accordance with the signatory rights
in Shamir Salads in effect prior to May 18th, performing any disposition of
the shares of Shamir Salads held by the Company, taking any action not in
accordance with the articles of association of Shamir Salads as in effect
prior to May 18th, and/or interfering with the functions of Shamir Salads'
board of directors as composed prior to May 18th. In addition, pursuant to
the injunction, the Sellers are prohibited from interfering with the
functions of the co-CEO of Shamir Salads nominated by the Company and/or from
preventing the deputy CFO of Shamir Salads' from participating in the
discussions to approve the financial statements of Shamir Salads. The
district court also required the Sellers to reimburse the Company for its
court and attorney expenses in the amount of NIS 30,000 plus VAT.
About G. Willi-Food International, Ltd.
G. Willi-Food International Ltd. is one of Israel's largest food
importers and a single-source supplier of one of the world's most extensive
ranges of quality kosher food products. It currently imports, markets and
distributes more than 2,500 food products manufactured by some 120 top-tier
suppliers throughout the world to more than 1,500 customers. Willi-Food
excels in identifying changing tastes in its markets and sourcing
high-quality kosher products to address them. The Company also operates
several subsidiaries: its subsidiary, Gold Frost Ltd., develops and
distributes kosher chilled and frozen dairy food products internationally
together with its Danish dairy distributor subsidiary; the joint venture with
the Baron Family engages in the global import, export and distribution of
kosher products worldwide; and Shamir Salads is a leading international
manufacturer and distributor of pre-packaged chilled Mediterranean dips and
spreads. For more information, please visit the Company's website at
http://www.willi-food.co.il.
Company Contact:
G. Willi Food International Ltd.
Ety Sabach, CFO
+972-8-932-1000
ety@willi-food.co.il

SOURCE G. Willi-Food International Ltd

Company Contact: G. Willi Food International Ltd., Ety Sabach, CFO,
+972-8-932-1000, ety@willi-food.co.il