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Tyson Foods, Inc. Announces Completion of the Tender Offer for Cash of Any and All of Its Outstanding 10.50% Senior Notes Due



Tyson Foods, Inc. Announces Completion of the Tender Offer for Cash of Any and
All of Its Outstanding 10.50% Senior Notes Due 2014 and Related Consent
Solicitation, Execution of the First Supplemental Indenture and Redemption of
Any Notes Not Tendered or Repurchased

SPRINGDALE, Ark., June 13, 2012 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (the
"Company") announced today the results of its cash tender offer (the "Tender
Offer") for any and all of its outstanding 10.50% Senior Notes due 2014 (the
"Notes") and solicitation for consents to certain proposed amendments to the
indenture ("Indenture") governing the Notes (the "Consent Solicitation").

The Tender Offer and Consent Solicitation expired at 11:59 p.m., New York City
time, on June 12, 2012 (such time and date, the "Expiration Date"). As of the
Expiration Date, an aggregate amount of $790,077,000 principal amount of the
Notes (or 97.54% of the outstanding Notes) have been tendered, and with
respect to which the Company has received consents. Accordingly, the
percentage of consents received exceeds the requisite consents needed to amend
the Indenture. The Company, the subsidiary guarantors parties thereto and The
Bank of New York Mellon Trust Company, N.A., as trustee, have entered into a
supplemental indenture to effect the proposed amendments relating to the
elimination of substantially all of the restrictive covenants, certain of the
events of default and related provisions contained in the Indenture.  

The Company has accepted for purchase all of the Notes validly tendered in the
Tender Offer. The total consideration to be paid for such Notes will be equal
to $1,166.25 per each $1,000 in principal amount plus accrued and unpaid
interest up to but not including June 13, 2012, the settlement date for the
Tender Offer. 

In addition, on June 13, 2012, the Company has irrevocably requested the
Trustee to issue notice to the applicable holders of the Company's election to
redeem any Notes not tendered or otherwise repurchased as of the redemption
date specified in the notice. The redemption price of the Notes is 100% of the
principal amount redeemed, plus the Applicable Premium (as defined in the
Indenture) as of, and accrued and unpaid interest to, the redemption date,
payable in cash (interest will cease to accrue on the Notes called for
redemption on and after the redemption date). The redemption date is expected
to be July 13, 2012.

About Tyson Foods

Tyson Foods, Inc., founded in 1935 with headquarters in Springdale, Arkansas,
is one of the world's largest processors and marketers of chicken, beef and
pork, the second-largest food production company in the Fortune 500 and a
member of the S&P 500. The company produces a wide variety of protein-based
and prepared food products and is the recognized market leader in the retail
and foodservice markets it serves. The Company provides products and services
to customers throughout the United States and more than 130 countries. The
company has approximately 115,000 Team Members employed at more than 400
facilities and offices in the United States and around the world. Through its
Core Values, Code of Conduct and Team Member Bill of Rights, the Company
strives to operate with integrity and trust and is committed to creating value
for its shareholders, customers and Team Members. The company also strives to
be faith-friendly, provide a safe work environment and serve as stewards of
the animals, land and environment entrusted to it.

The Tyson Foods, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3224

This announcement contains forward-looking statements. All statements, other
than statements of historical facts included in this announcement that address
activities, events or developments that the Company expects or anticipates to
occur in the future are forward-looking statements, including statements
related to the Company's anticipated purchase or redemption of certain
outstanding securities. These statements are based on the Company's current
expectation and involve risks and uncertainties that could cause the Company's
actual results to differ materially. All forward-looking statements included
in this announcement are based on information available to the Company on the
date of this announcement. The Company undertakes no obligation to update or
revise any forward-looking statement, whether as a result of new information,
future events or otherwise.

CONTACT: Media Contact: Gary Mickelson, 479-290-6111
         Investor Contact: Jon Kathol, 479-290-4235

Tyson Foods, Inc. Logo
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