Trident Seafoods Corp. To Acquire ConAgra Foods' Surimi Business

"Adding the highly regarded Louis Kemp brand, combined with theefficiencies of the people and production facility in Minnesota, willenhance Trident's efforts to expand our domestic sales of seafood andincrease the value of Alaska's and the Pacific Northwest's fisheryresources," said Chuck Bundrant, Trident's founder and President.

This transaction is part of ConAgra Foods' plan to driveconsistent and sustainable growth by concentrating in those areaswhere it has the strongest competitive positions.

Trident is a seafood harvesting, processing and marketing companywhich produces a wide range of products, including salmon, crab,halibut, cod and pollock fillets. It also produces and markets surimianalog products, such as surimi crab and scallops. For moreinformation, please visit Trident at www.tridentseafoods.com.

ConAgra Foods Inc. (NYSE:CAG) is one of North America's largestpackaged food companies, serving consumer grocery retailers, as wellas restaurants and other foodservice establishments. Popular ConAgraFoods consumer brands include: Banquet, Chef Boyardee, Egg Beaters,Healthy Choice, Hebrew National, Hunt's, Marie Callender's, OrvilleRedenbacher's, PAM, and many others. For more information, pleasevisit us at www.conagrafoods.com.