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ADM Announces Final Results Of Private Exchange Offers

Archer Daniels Midland Company (NYSE: ADM) announced today the results as of 11:59 p.m., New York City time, on October 12, 2012 (the “Expiration Date”) of its private offers to exchange its outstanding debentures listed below (collectively, the “Old Debentures”) for its 4.016% Debentures due 2043 (the “New Debentures”) and cash (the “Exchange Offers”), in accordance with ADM’s confidential offering memorandum dated September 14, 2012, as amended by the press release issued by ADM on September 28, 2012 (the “Offering Memorandum”) and the related letter of transmittal.

According to information provided by D.F. King & Co., Inc., the exchange agent for the Exchange Offers, $567,883,000 in aggregate principal amount of the Old Debentures were validly tendered and not validly withdrawn in the Exchange Offers (the “Tendered Debentures”). The table below indicates the principal amount of each series of Old Debentures outstanding at the commencement of the Exchange Offers and the principal amount of each series of Old Debentures validly tendered and not validly withdrawn as of the Expiration Date.
CUSIP No.     Title of Series    

Principal Amount Outstanding at Commencement of the Exchange Offers

Principal Amount Tendered as of the Expiration Date
039483AP7     6.95% Debentures due 2097     $175,603,000     $3,500,000
039483BC5 5.765% Debentures due 2041 $1,000,000,000 $404,204,000
039483AS1 7.00% Debentures due 2031 $193,654,000 $9,074,000
039483AX0 6.45% Debentures due 2038 $157,827,000 $4,144,000
039483AT9 5.935% Debentures due 2032 $500,000,000 $79,792,000
039483AR3 6.625% Debentures due 2029 $197,104,000 $14,891,000
039483AM4 7.50% Debentures due 2027 $221,791,000 $35,123,000
039483AN2 6.75% Debentures due 2027 $140,735,000 17,155,000

The aggregate principal amount of the Tendered Debentures was in excess of $540,000,000, the maximum amount of Old Debentures to be accepted for exchange pursuant to the Offering Memorandum. Instead of accepting the Tendered Debentures on a prorated basis, ADM has accepted additional Tendered Debentures for exchange pursuant to ADM’s right under federal securities laws to accept up to an additional 2% of the outstanding debentures subject to the Exchange Offers without extending the Exchange Offers. Accordingly, all of the Tendered Debentures have been accepted for exchange. The settlement date for the Tendered Debentures is expected to be October 16, 2012.

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