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Zwanenberg USA to acquire activities of Tyson Foods Inc. subsidiary

September 19, 2008

Almelo, The Netherlands, September 19, 2008 — Zwanenberg USA, a subsidiary of the Dutch food company Zwanenberg Food Group, will acquire the activities of a production subsidiary of Tyson Foods Inc., Springfield, Arkansas. Both parties reached agreement on the acquisition earlier this week.

Zwanenberg will acquire the turnover, intellectual properties and machinery of a canned meat operation, located in Houston, Texas which will be discontinued by Tyson. Zwanenberg is planning to transfer these activities to its existing meat factory in Cincinnati this year. In 2005, Zwanenberg – which has 13 own production facilities for meat products, canned meat and specialties in Europe – started a new production site in Cincinnati, Ohio.

Zwanenberg Food Group’s Chief Executive Officer Aldo van der Laan explains: “This important step is consistent with our strategy to further expand local production for the US market. The American market has huge potential, which is why we decided to establish a new factory in Cincinnati, Ohio in 2005. This site was operational in record time and meanwhile successfully produces 120 tonnes per week for the local market. This expansion will enable the weekly tonnage to increase by some 40%.”

Frank Schmitt, General Manager Zwanenberg Food Group USA adds: “The consolidation of Tyson’s canned luncheon meat operation into our Cincinnati facility increases our range of product and our ability to help our customers meet their goals within the category. As the next logical step in our strategy to bring production of our products closer to our customers, we are optimistic that combining Tyson’s product line, intellectual properties, and customer relationships to our own portfolio will strengthen our overall outlook in North America.”

About Tyson Foods Inc.

With 107,000 employees and annual sales of USD 26.9 billion, Tyson Foods Inc. is one of the world’s largest food groups.

About Zwanenberg Food Group

With 1,600 employees and a turnover of EUR 350 million (2006), Zwanenberg Food Group is one of the leading producers of meat and sausage products and canned meat within Europe. Zwanenberg, which traces its roots to 1875, sells its products under various successful international brand names. The group also supplies to the market via a number of well-known private label brands and has been successful in building up a strong market position in both the home meal replacement and institutional segments, especially in the area of (sliced) meat products. Zwanenberg exports canned meat to more than 100 countries worldwide through a network developed over 125 years of operations.

For more information please contact (USA)

Frank Schmitt, Zwanenberg Food Group (USA) +1 513-682-6000


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