Attention Business/Financial Editors : FOR IMMEDIATE RELEASE

BUHLER INDUSTRIES REPORTS 3RD QUARTER EARNINGS

WINNIPEG, Manitoba
July 21, 2005

3 Months to June 30th, 2005		Q3      2005	Q3      2004
	Revenue	$58,268,000	$57,742,000
	Net profit	2,670,000	4,361,000
	Net profit/share	0.11	0.17

9 Months to June 30th, 2005			Year Ago
	Revenue	$168,068,000	$162,679,000
	Net profit	8,395,000	10,369,000
	Net profit/share	0.34	0.42

Revenue Increased
Third quarter revenue increased by 0.9% to $58.3 million compared with $57.7 million last year. 
Revenue for nine months increased by 3.3% to $168.1 million compared with $162.7 million last year. 

Net Earnings Decreased
Third quarter net earnings decreased by 38.8% to $2.7 million ($0.11 per share) compared with $4.4 million ($0.17 per share) last year. Net earnings for nine months decreased to $8.4 million ($0.34 per share) compared with $10.4 million ($0.42 per share) last year. Last year’s third quarter earnings were higher due to the $1.6 million gain on the sale of capital assets. As at June 30, 2005, the total number of shares outstanding remains at 25 million.

Looking Forward
Revenue for the next 5 quarters are expected to match the previous year’s levels, however, we do forecast that our slow and steady gross margin improvement will continue and margins in the range of 18% - 20% are anticipated through the end of F2006. We will continue to monitor GSA expenses and will continue with necessary R&D expenses, which are required to retain our long term competitiveness in the marketplace.

Contact :	Craig Engel (204) 228-6206
Email :	cengel@buhler.com
Website :	http://www.buhler.com
Complete Financial Statement:	http://www.buhler.com/sitefiles/finance/reports/05/2005Q3.pdf
Trading Symbol :	BUI