Mexican Authorities Approve the Sale of Tyson de México

On June 1, 2015, in Springdale, Arkansas, the Federal Economic Competition Commission of Mexico gave the green light for the sale of Tyson Foods, Inc.'s (NYSE: TSN) poultry operations in Mexico to Pilgrim’s Pride, a fully-owned subsidiary of JBS SA (BM&FBovespa – Novo Mercado: JBSS3, OTCQX: JBSAY). The commission, after a thorough review, has given its approval for the transaction to move forward. Tyson's President and CEO, Donnie Smith, expressed gratitude for the Commission's diligence and stated that they will now proceed with Pilgrim’s Pride to finalize the transaction. While no specific closing date has been set, Smith anticipates it will be in the near future. Tyson Foods and Pilgrim’s Pride had previously agreed on the sale in July of the previous year. The business, Tyson de México, is a comprehensive poultry operation based in Gomez Palacio in North Central Mexico, employing over 5,400 individuals across its offices, three factories, and seven distribution centers. Upon completion of the sale, Tyson Foods will maintain its customer base in Mexico, supplying them with chicken produced both in the U.S. and Mexico, partly through a co-packaging deal with Pilgrim’s Pride. About Tyson Foods: Tyson Foods, Inc. (NYSE: TSN), headquartered in Springdale, Arkansas, is among the world's leading producers of chicken, beef, pork, and prepared foods, boasting renowned brands such as Tyson®, Jimmy Dean®, Hillshire Farm®, Sara Lee® frozen bakery, Ball Park®, Wright®, Aidells®, and State Fair®. Founded in 1935 by John W. Tyson, the company has remained family-led, with his son, Don Tyson, and grandson, John H. Tyson, serving as past and current chairmen of the board of directors, respectively. Tyson Foods offers a broad range of protein-based and prepared foods products and is a recognized leader in the retail and foodservice markets it serves, catering to customers across the U.S. and approximately 130 other countries. With around 124,000 team members employed at over 400 facilities and offices globally, Tyson Foods is committed to operating with integrity and trust, creating value for its shareholders, customers, and team members, and maintaining a safe work environment. The company also aims to be faith-friendly and act as responsible stewards of the animals, land, and environment entrusted to it. For further information, please contact Gary Mickelson at 479-290-6111 or gary.mickelson@tyson.com.