The board of directors of H. J. Heinz Company, at a meeting on June 14, 2000, declared the quarterly dividend of:

COMMON STOCK

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36-3/4 cents per share on the company’s 25 cent par value Common Stock payable July 10, 2000, to shareholders of record at the close of business on June 26, 2000.

PREFERRED STOCK

42-1/2 cents per share on the company’s Third Cumulative Preferred Stock, $1.70 First Series, payable July 1, 2000, to shareholders of record at the close of business on June 26, 2000.