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Landec Corporation Schedules First Quarter 2013 Earnings Release For September 25, 2012 And Conference Call For September 26, 2012

Please replace the release with the following corrected version due to several revisions.

LANDEC CORPORATION SCHEDULES FIRST QUARTER 2013 EARNINGS RELEASE FOR SEPTEMBER 26, 2012 AND CONFERENCE CALL FOR SEPTEMBER 27, 2012

Landec Corporation (NASDAQ:LNDC) announced today that it will report financial results for the fiscal year 2013 first quarter ended August 26, 2012, after market close on Wednesday, September 26, 2012 and hold a teleconference on Thursday, September 27, 2012 at 8:00 AM Pacific Time. Previously Landec had stated in a release that the financial results would be released on September 25, 2012 with a teleconference on September 26, 2012.

On Thursday, September 27, 2012, Landec will hold a teleconference and webcast open to all interested parties at 8:00 a.m., Pacific Time. The teleconference can be accessed by calling 866-244-4637 or 703-639-1179. Please log in 5 - 10 minutes prior to the beginning of the call.

This call is being webcast by Thomson Reuters and can be accessed at Landec's web site at www.Landec.com by selecting Investors and the Financial Releases & Events page. The webcast will be available for 30 days through October 27, 2012. A replay of the teleconference will be available for one week until midnight Eastern Time, Thursday, October 4, 2012, by calling 888-266-2081 or 703-925-2533. The access code for the replay is 1590087.

For further information, please call Greg Skinner 650-261-3677.

The webcast is also being distributed over Thomson Reuters’ Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through Thomson's individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in Thomson's Individual Investor Network such as America Online's Personal Finance Channel, Fidelity Investments(R) (Fidelity.com) and others. Institutional investors can access the call via Thomson's password protected event management site, StreetEvents ( www.streetevents.com). StreetEvents allows institutional investors to identify, organize, and track the hundreds of conference calls that occur each day during earnings season, to download events of interest to their Outlook calendar, and to RSVP to events online.

Landec Corporation is a materials science company that leverages its proprietary polymer technologies, application development and innovation capabilities to develop and commercialize new products in food and biomaterials markets. Landec has two proprietary polymer technology platforms: Intelimer Polymers ® and Hyaluronan (“HA”) that are the foundation for its business. Landec’s subsidiary, Apio, has become the leader in US fresh-cut specialty packaged vegetables sold in North America by combining Landec’s proprietary food packaging technology and the strength of two major national brands Eat Smart® and GreenLine®, with the capabilities of a large national food supplier, processor and distributor. Through its subsidiary, Lifecore Biomedical, Landec is a premium supplier of hyaluronan-based materials and medical products to ophthalmic, orthopedic and veterinary markets worldwide. Landec’s Licensing Partnerships work closely with market-leading companies to develop and commercialize differentiated polymer-based products. For more information about the Company, visit Landec’s website at www.landec.com.



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