The Future of Integrated Olive Oil Production Olea Australis, Australia's only sole purpose listed olive oil producer, is rapidly moving towards becoming a leading supplier of efficiently produced ultra premium extra virgin olive oil to global markets.   With a 385 hectare world class olive grove at Dandaragan, just north of Perth Western Australia, integrated production facilities and the successful launch of its Dandaragan Estate brand, Olea can readily demonstrate it ability to produce high quality EVOO at a sustainable cost advantage to traditional Mediterranean producers.   The recent completion of a state of the art processing facility at Dandaragan, will enable Olea to take total control of the entire production process while becoming a central provider of essential infrastructure to surrounding groves. Together with the latest technology in overhead harvesting these facilities will make Olea one of the lowest unit cost producers of bulk extra virgin olive oil in the world.   To ensure demand for its product Olea has signed an exclusive Australia wide distribution agreement with Manassen Foods, Australia's largest distributor of gourmet foods with offices in every mainland state and 170 sales staff servicing over 1,000 retail outlets nationally.   Olea is also in a number of negotiations with large repackagers of olive oil in Europe and the United States under which Olea is set to become a major supplier of high quality bulk Australian olive oil.   Olea has already commenced exports sales to the UK and is currently negotiating distribution arrangements in the United States and Asia with a number of parties.   With the global market for EVOO currently in supply deficit and very limited opportunity for traditional producers to meet ever increasing demand,Olea is well placed to substantially grow its business and become Australia's leading supplier of high quality extra virgin olive oil.   Olea Integrated Approach Olive Oil (OO) Facts $US16bn Global Industry $US60m Australian Industry 8% global extra virgin olive oil (EVOO) consumption growth since 1997 Global short fall of EVOO (160,000 tonnes) Consumption per capita per year Greece 19.6 kgs Italy 11.4 kgs Spain 12.2 kgs Germany 0.4 kgs USA 0.6 kgs Japan 0.1 kgs Australia 1.5 kgs At full production Australia represents just 1.5% of the global market Significant health benefits associated with extra virgin olive oil (EVOO) Market shift to EVOO underpins OO consumption increases Australian EVOO quality equal to premium European EVOO quality 85% of Australian production is premium EVOO 25% of Mediterenean production is premium EVOO Olea Facts Large scale 385 ha olive plantation in pristine environment State of the art processing facility Launched Dandaragan Estate brand - Australia's most awardednolive oil brand of the 2002 harvest Counter seasonal production to Northern Hemisphere Proven history of Australia as a major agricultural exporter Listed public company Proven Management Sustainable cost of production advantage over traditional producers ^ top