Tyson Foods Successfully Completes Tender Offer for The Hillshire Brands Company for $63.00 per Share in Cash

Tyson Foods Successfully Completes Tender Offer for The Hillshire Brands
Company for $63.00 per Share in Cash

SPRINGDALE, Ark. and CHICAGO, Aug. 28, 2014 (GLOBE NEWSWIRE) -- Tyson Foods,
Inc. (NYSE:TSN) ("Tyson") and The Hillshire Brands Company (NYSE:HSH)
("Hillshire Brands") today announced the successful completion of Tyson's
tender offer (the "Offer") to purchase all of the outstanding shares of common
stock of Hillshire Brands for $63.00 per share in cash, without interest. The
tender offer expired at 12:00 midnight (New York City time) at the end of
August 27, 2014.

Tyson Foods, Inc. Logo

Hillshire Brands

Computershare Trust Company, N.A., the depositary for the Offer, has advised
Tyson and Hillshire Brands that, as of 12:00 midnight, New York City time, at
the end of August 27, 2014, approximately 86,987,201 shares of common stock of
Hillshire Brands (not including 3,663,904 shares tendered by notice of
guaranteed delivery for which shares have not yet been delivered) had been
validly tendered and not validly withdrawn pursuant to the Offer, representing
approximately 70% of Hillshire Brands' outstanding shares.  All shares that
were validly tendered and not validly withdrawn have been accepted for

Later today, Tyson expects to complete the merger of Hillshire Brands with one
of its subsidiaries, and, in connection with the merger, all remaining shares
of common stock of Hillshire Brands will be converted into the right to
receive $63 per share in cash, without interest, the same price that was paid
in the Offer.Following completion of the merger, Hillshire Brands will become
a wholly owned subsidiary of Tyson and its shares will cease to be traded on
the NYSE and the Chicago Stock Exchange.

About Tyson Foods

Tyson Foods, Inc., 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 was founded in 1935 by John W. Tyson, whose family has
continued to be involved with son Don Tyson leading the company for many years
and grandson, John H. Tyson, serving as the current chairman of the board of
directors. Tyson Foods, Inc. 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 approximately 130 countries.It 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.

About The Hillshire Brands Company

The Hillshire Brands Company (NYSE:HSH) is a leader in branded, convenient
foods. The company generated approximately $4 billion in annual sales in
fiscal 2013, has more than 9,000 employees, and is based in Chicago. Hillshire
Brands' portfolio includes iconic brands such as Jimmy Dean, Ball Park,
Hillshire Farm, State Fair, Van's, Sara Lee frozen bakery and Chef Pierre pies
as well as artisanal brands Aidells, Gallo Salame and Golden Island premium
jerky. For more information on the company, please visit

Forward-Looking Statements

This communication contains certain forward-looking statements with respect to
certain plans and objectives of Tyson Foods and Hillshire Brands, including
the timing of the completion of the merger. These forward-looking statements
can be identified by the fact that they do not relate only to historical or
current facts. By their nature, forward-looking statements involve known and
unknown risks and uncertainties because they relate to events and depend on
circumstances that will occur in the future. Among the factors that may cause
actual experiences to differ from anticipated expectations in forward-looking
statements is the risk that the merger with Hillshire Brands may not be
consummated in a timely manner. Neither Tyson Foods nor Hillshire Brands
assumes any obligation to update the information contained in this
communication (whether as a result of new information, future events or
otherwise), except as required by applicable law.

         Investors: Jon Kathol, 479-290-4235, jon.kathol@tyson.com
         News Media: Gary Mickelson, 479-290-6111, gary.mickelson@tyson.com
         Investors: Melissa Napier, 312-614-8739
         News Media: Mike Cummins, 312-614-8412
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