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ConAgra Foods Responds To Lead Paint Decision

ConAgra Foods, Inc., (NYSE: CAG), one of North America's leading food companies, today responded to the proposed decision of the Superior Court of California for the County of Santa Clara in its decision in a 13-year old case, The People of the State of California vs. Atlantic Richfield Company, ConAgra Grocery Products Company, E.I. Du Pont De Nemours and Company, NL Industries, Inc. and The Sherwin-Williams Company:

ConAgra Foods vehemently disagrees with the decision and will appeal. ConAgra Foods is absolutely not an appropriate defendant and was never in the paint business. As a food maker who employs thousands of people in California, we believe this case is an unfortunate example of extreme overreach.

About ConAgra Foods

ConAgra Foods, Inc. (NYSE: CAG) is one of North America's largest packaged food companies with branded and private branded food found in 99 percent of America‚Äôs households, as well as a strong commercial foods business serving restaurants and foodservice operations globally. Consumers can find recognized brands such as Banquet®, Chef Boyardee®, Egg Beaters®, Healthy Choice®, Hebrew National®, Hunt's®, Marie Callender's®, Orville Redenbacher's®, PAM®, Peter Pan®, Reddi-wip®, Slim Jim®, Snack Pack® and many other ConAgra Foods brands, along with food sold by ConAgra Foods under private brand labels, in grocery, convenience, mass merchandise, club and drug stores. Additionally, ConAgra Foods supplies frozen potato and sweet potato products as well as other vegetable, spice, bakery and grain products to commercial and foodservice customers. ConAgra Foods operates ReadySetEat.com, an interactive recipe website that provides consumers with easy dinner recipes and more. For more information, please visit us at www.conagrafoods.com.



Copyright Business Wire 2010

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