Planet Organic Health Corp Announces First Quarter Financial Results

PLANET ORGANIC HEALTH CORP (TSX Venture Exchange - POH), Canada's leading natural products retailer announces their financial results for the quarter ended September 30, 2007. Sales increased 130.2% to $25.7 million for the quarter versus $11.2 million for the same period last year. EBITDA increased 47.1% to $1.4 million compared to $927,064 for the same period last year. These increases were driven by acquisitions, store expansions, and same-store sales growth.

"Our retail divisions continue to focus on gaining market share," reports Darren Krissie, CFO of the Company.

  Summary of Q1 Fiscal 2008 Financial Results

                                                 Fiscal 2008  Fiscal 2007

 Sales                                            25,742,373   11,182,096
 Cost of Goods Sold                               15,484,307    6,845,321
 Gross Profit                                     10,526,638    4,553,163
 SGA                                               9,163,138    3,626,099
 Amortization                                        348,443      230,190
 Interest                                          1,010,343       48,964
 Stock Based Compensation                            305,912            0
 Foreign Exchange Gain                               877,517            0
 EBITDA                                            1,363,500      927,064
 Earnings before Tax                                 576,319      647,910
 Net Income                                          460,479      397,910
 Cash Flow from Operations
 (before changes in non-cash working
  capital accounts)                                  749,017      609,014

Please see the Company's Q1 consolidated financials for further data. EBITDA reported above is a non-GAAP measure and is earnings before interest, taxes, depreciation, amortization, stock-based compensation and foreign exchange gains or losses.

For further financial information and a copy of our first quarter report, please visit our website at www.planetorganichealthcorp.com or www.sedar.com.

ABOUT PLANET ORGANIC

Planet Organic Health Corp. (TSX-V: POH), is a natural products industry company, comprising manufacturing, distribution and retail. Planet is listed on the TSX Venture Exchange as a Tier One company. Planet operates eight natural food supermarkets throughout Canada under the Planet Organic Market banner and eleven natural food supermarkets in the U.S. under the Mrs Green's Natural Markets banner. The Company also operates 48 natural health outlets under the Sangster's Health Centre banner and seven natural health outlets under the Healthy's banner. Another POHC company, Trophic Canada is the country's leading manufacturer of natural supplements. The Company has a total of 63 stores throughout Canada and 11 in the U.S.