Lifeway Foods Announces 250,000 Share Buyback

Lifeway Foods, Inc.,

announced today that Lifeway's Board of Directors approved a new share repurchase program of up to 250,000 shares. Under such a program, Lifeway Foods may repurchase up to 250,000 shares of the Company's Common Stock through the open market within a period of one year from the date of the first purchase. The Company will use its available cash resources to fund the stock repurchase program.