PZA Invesco National AMTFree Municipal Bond ETF

CHINO, Calif., Aug. 16 /PRNewswire-FirstCall/ -- Provena Foods Inc. (AMEX:PZA) incurred a net loss of $146,615 for the 2nd quarter and $321,291 for the 1st six months of 2005 compared to net losses of $298,762 and $659,459 a year ago. The Company's sales were up 19% in the 2nd quarter and up 21% in the 1st six months of 2005 compared to the same periods of 2004. Both the meat and the pasta divisions contributed to the decreases in losses and increases in sales in both periods, except that the meat division's loss was up in the 2nd quarter of 2005. CONTACT: Thomas J. Mulroney, Chief Financial Officer: (909) 627-1082 CONDENSED STATEMENT Three Months Ended Six Months Ended OF OPERATIONS June 30, June 30, (Unaudited) 2005 2004 2005 2004 Net Sales $14,016,535 11,802,338 29,161,172 24,120,890 Cost of Sales 13,307,440 11,288,075 27,515,222 23,136,981 Gross Profit 709,095 514,263 1,645,950 983,909 Operating Expenses: Distribution 402,026 405,428 840,848 910,009 General and administrative 500,555 477,056 1,048,622 981,243 Operating loss (193,486) (368,221) (243,520) (907,343) Interest expense and other financing costs, net (181,450) (126,659) (461,546) (250,051) Other Income, net 128,621 46,818 212,875 112,435 Loss before income taxes (246,315) (448,062) (492,191) (1,044,959) Income tax expense (benefit) (99,700) (149,300) (170,900) (385,500) Net loss $(146,615) (298,762) (321,291) (659,459) Loss per share: Basic and diluted (0.04) (0.09) (0.10) (0.20) Shares used in computing loss per share. Basic and diluted 3,388,265 3,248,532 3,367,082 3,233,789 DATASOURCE: Provena Foods Inc. CONTACT: Thomas J. Mulroney, Chief Financial Officer of Provena Foods Inc., +1-909-627-1082

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