Hostess Hires Hilco to Serve as Its Agent for the Integrated Disposition of Key Real Estate and Industrial Assets

  Hostess Hires Hilco to Serve as Its Agent for the Integrated Disposition of
  Key Real Estate and Industrial Assets

Business Wire

CHICAGO -- January 8, 2013

Federal Bankruptcy Judge Robert Drain approved the appointment of
privately-held Hilco as the agent representing Hostess Brands, Inc.

Hilco will sell all real estate, machinery and equipment, and rolling stock
assets that remain in the company’s estate following the completion of
bankruptcy court supervised auctions conducted by investment bank Perella
Weinberg Partners. The auctions are expected to be completed this coming
spring.

Hilco will play a crucial role in helping Hostess maximize value for all of
the company's stakeholders by leveraging its considerable global expertise in
the marketing and sale of various real estate, machinery and equipment and
rolling stock assets. Hilco will also assist Perella Weinberg Partners in the
sale of any remaining intellectual property.

“This assignment carries with it great responsibilities. As the liquidating
agent representing Hostess Brands, I am confident that Hilco will succeed in
generating maximum value for the benefit of company’s creditors,” said Jeffrey
B. Hecktman, Chairman and CEO of Hilco.

Mr. Hecktman went on to say, “Hilco has managed multiple asset class sales of
this nature in the past. Our strategy has been to use an integrated approach
to value enhancement, made possible by leveraging the deep expertise and
global reach of three Hilco business units that are core to the Hostess
assignment: Hilco Real Estate LLC, Hilco Industrial, LLC and Hilco
Streambank.” A fourth business unit, Hilco Asset Protection, LLC has also been
hired to provide security services at bakery facilities across the country for
the duration of the sale process.

About Hilco Trading, LLC: Headquartered in Northbrook, Illinois, Hilco is a
privately-held, diversified financial and operational services firm whose
principal competency is understanding and maximizing the value of business
assets, including retail, consumer and industrial inventory; machinery and
equipment; real estate; accounts receivable; intellectual property; and,
going-concern enterprises. Through 500 professionals operating on five
continents, Hilco helps companies and their professional advisors assess asset
value, maximize value for said assets through asset monetization solutions,
and enhance value through advisory and consulting solutions.

Over the last 10 years The Hilco Organization has sold over $20 billion of
assets in more than 60 countries around the world. Specifically, Hilco Real
Estate LLC has disposed of hundreds of million square feet of industrial,
warehouse, office, retail and other property and Hilco Industrial LLC has
completed over 1,800 industrial asset disposition projects worldwide.

For more information please visit our web site: www.hilcotrading.com.

Contact:

Hilco Trading LLC
Gary C. Epstein
Chief Marketing Officer
(847) 418 2712
gepstein@hilcotrading.com