Attention Business/Financial Editors : FOR IMMEDIATE RELEASE

BUHLER INDUSTRIES REPORTS 1ST QUARTER EARNINGS

WINNIPEG, Manitoba
January 23, 2006

3 months to December 31, 2005			Year Ago
	Revenue	$39,389,000	$45,811,000
	Net profit	$1,707,000	$1,647,000
	Net profit/share	$0.07	$0.07

 

Revenue Decreased

First quarter revenue decreased by 14% to $39.4 million compared with $45.8 million last year.

 

Net Earnings Increased

Net earnings improved slightly by 3.5% to $1.7 million ($0.07 per share) compared with $1.6 million ($0.07 per share) last year. 

The number of shares outstanding remains at  25 million.

 

Dividends

The Company increased its annual dividend for the 13th consecutive year from $0.14 to $0.15 per share.  The dividend was paid on January 13th, 2006, to shareholders of record on December 2nd , 2005.

 

133rd Consecutive Quarter of Profit

The Company has now achieved 37 consecutive years and 133 consecutive quarters of profit.

 

Contact :	Craig Engel (204) 228-6206
Email :	cengel@buhler.com
Website :	www.buhler.com
Complete Financial Statement:	http://www.buhler.com/investors/reports/2006-buhler-q1.pdf
Trading Symbol :	BUI