The board of directors of ConAgra Foods, Inc. (NYSE: CAG) has declared a quarterly common stock dividend of 22.50 cents per share. It will be paid on March 1, 2001 to stockholders of record on February 2, 2001.

This will be the second quarterly dividend at the 22.50 cents rate. This will be ConAgra Foods 101st consecutive quarterly dividend payment.

ConAgra Foods, Inc. (NYSE: CAG), a $27 billion food company, is North America's largest foodservice manufacturer and the nation's second largest retail food supplier. ConAgra Foods' consumer brands include: Hunt's tomato products, Healthy Choice, Banquet, Armour, Bumble Bee, Louis Kemp, Libby's, La Choy, Wesson, Country Pride, Blue Bonnet, Kid Cuisine, Parkway, Reddi-wip, Marie Callender's, Cook's, Swift Premium, Butterball, ACT II, Slim Jim, Decker, Chef Boyardee, Orville Redenbacher's, PAM Cooking Spray, Snack Pack, Van Camp's, Peter Pan, Hebrew National and Swiss Miss. For more information, please visit us at