Lifeway (LWAY)

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NEWS.... March 28, 2007 - Lifeway Foods 2006 Year End Financials Conference Call
MORTON GROVE, Ill., March 27 /PRNewswire-FirstCall/ -- Lifeway Foods (Nasdaq: LWAY) will hold a conference call Tuesday, April 3, 2007 at 11:00 AM EDT to discuss 2006 Year End Financial Results. Financial Results will be released April 2, 2007 at 4:30 PM EDT. The speakers will include Julie Smolyansky, CEO and President, and Edward Smolyansky, CFO, of Lifeway Foods. The conference call will include approximately 15 minutes for questions and answers.

What: Lifeway Foods 2006 Year End Financials Conference Call

When: April 3, 2007; 11:00AM EDT

Where: http://www.videonewswire.com/event.asp?id=38682

If you will not have Internet access or speakers, you may dial in
for the audio: 800-869-6581, passcode: lifeway

How: Live over the Internet -- Simply log on to the web at the address
above.

Contact: [e-mail]

About Lifeway Foods
Lifeway, recently named Fortune Small Business' 94th Fastest Growing Small Business, and one of only 20 companies to ever be named to the list three straight years in a row, is America's leading supplier of the cultured dairy product known as kefir, and now America's only supplier of Organic Kefir. Lifeway Kefir is a dairy beverage that contains Lifeway's exclusive 10 Live and Active probiotic cultures. While most regular yogurt only contains two or three of these 'friendly' cultures, Lifeway kefir products offer more nutritional benefits. Lifeway offers 12 different flavors of its Kefir beverage, Organic Kefir and SoyTreat (a soy based kefir). Lifeway recently introduced a series of innovative new products such as pomegranate kefir, Greek-style kefir, a children's line of organic kefir products called ProBugs (TM) in a no-spill pouch in kid-friendly flavors like Orange Creamy Crawler and Sublime Slime Lime, and a line of organic whole milk kefir. Lifeway also produces a line of products marketed in US Hispanic communities, called La Fruta, Drinkable Yogurt (yogurt drinks distinct from kefir). In addition to its line of Kefir products, the company produces a variety of cheese products and recently introduced a line of organic pudding called It's Pudding!.