Tyson Foods Outlines Its Growth Strategy

On May 20, 2015, in New York, Tyson Foods, Inc. (NYSE: TSN) executives communicated to investors at the BMO Farm to Market conference that the company's strategic diversification is due to its combination of branded consumer goods, commodity protein production, and prepared foods and value-added chicken for the food service sector. Donnie Smith, the president and CEO, stated, "Tyson Foods occupies a unique and favored position. We possess the protein that consumers desire, and our brands are top-ranked in those categories. We have the R&D expertise and consumer insights to continue driving innovation behind these top brands. We have the raw materials to create these innovative products, and we are a growing food company." Andy Callahan, the president of retail packaged brands, added, "Our aim is to deliver industry-leading performance in the food sector. We have a portfolio that gives us a competitive edge and a position to grow faster than our competitors. Our brand-building model has a history of successful growth, and our new product pipeline is strong." About Tyson Foods Tyson Foods, Inc. (NYSE: TSN), headquartered in Springdale, Arkansas, is among the world's largest producers of chicken, beef, pork, and prepared foods, including top brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Sara Lee® frozen bakery, Ball Park®, Wright®, Aidells®, and State Fair®. The company was established in 1935 by John W. Tyson, and his family has continued to lead the business, with his son, Don Tyson, leading the company for many years and his grandson, John H. Tyson, currently serving as the chairman of the board of directors. Tyson Foods offers a broad range of protein-based and prepared foods products and is the acknowledged market leader in the retail and foodservice markets it serves, supplying customers in the United States and about 130 countries. It employs approximately 124,000 team members at over 400 facilities and offices in the United States and globally. Through its Core Values, Code of Conduct, and Team Member Bill of Rights, Tyson Foods aims to operate with integrity and trust and is dedicated to creating value for its shareholders, customers, and team members. The company also aims to be faith-friendly, provide a safe work environment, and serve as stewards of the animals, land, and environment entrusted to it. To download Tyson Foods’ free investor relations app, which provides access to SEC filings, news releases, transcripts, webcasts, and presentations, please visit the App Store for iPhone and iPad or Google Play for Android mobile devices. Forward Looking Statements This release includes forward-looking statements as well as historical information. These forward-looking statements are made as of the date of the release and include statements relating to anticipated category growth and product development. Actual results may vary. Factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to: certain categories in which our products are sold do not continue to grow or the sales of our products fall below our expectations; and the risk that revenue opportunities, cost savings, synergies and other anticipated benefits from the merger may not be fully realized or may take longer to realize than expected. Additional information regarding these and other risks is included in Item 1.A. “Risk Factors” on our Form 10-K for the period ended September 27, 2014. Tyson Foods does not assume 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. Media Contact: Gary Mickelson, 479-290-6111 Investor Contact: Jon Kathol, 479-290-4235