Hormel Foods Corporation (NYSE:HRL) announced yesterday that the company and its subsidiaries will donate food products – and will assist employees in donating funds and blood – to aid disaster relief efforts in New York City.

Throughout its 110-year history, Hormel Foods has had a tradition of helping those in need. In the wake of last week’s terrorist attacks, Hormel Foods has created a variety of donation programs to assist the victims of this tragedy and to help the heroic volunteers, firefighters, police and medical personnel in New York City. These programs include:

Food donations

Hormel Foods is donating a variety of shelf-stable, ready-to-eat foods that are particularly well-suited for disaster situations. The items being donated in the first wave of deliveries will serve 210,000 meals to emergency workers. The initial product donation includes DINTY MOORE beef stew, HORMEL Chili with Beans, HORMEL noodles and chicken, and DINTY MOORE chicken and dumplings. The products are being delivered to the America’s Second Harvest food banks and the American Red Cross in New York City and will be distributed to emergency workers from there.

Employee/retiree matching program

Hormel Foods has established an employee/retiree matching program in which the company will match employee and retiree donations to the Salvation Army, American Red Cross, the New York Firefighter’s 9-11 Fund and the World Trade Center Police Disaster Fund. Donations made by employees and retirees between Sept. 11 and Dec. 31, 2001 will be matched by Hormel Foods, up to $10,000 per individual. The company has more than 14,700 employees and 4,500 retirees nationwide and abroad.

Employee blood drive for the American Red Cross

Hormel Foods is working with the American Red Cross to implement a series of employee blood drives over the coming weeks to meet the needs of the disaster victims. The program will be staggered over time in order to best meet the needs determined by the American Red Cross.

“All of us at Hormel Foods are deeply saddened by the tragic events that took place in our country last week, breaking so many hearts and shattering so many lives,” said Joel Johnson, Hormel Foods chief executive officer. “Our thoughts and prayers go to the families and friends who have lost loved ones and to the brave rescue workers who diligently continue their efforts to locate victims.”

About Hormel Foods Corporation

Hormel Foods Corporation is located in Austin, Minn., and is one of the nation’s largest manufacturers and marketers of consumer-branded meat and food products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. In January 2001, Hormel Foods was named one of “The 400 Best Companies in America” by Forbes magazine. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial consumers for products regarded for quality, taste, nutrition, convenience and value.

It reported sales of $3.7 billion for the fiscal year ended Oct. 28, 2000. Products include hams, bacon, sausages, franks, canned luncheon meats, stews, chilies, hash, meat spreads, shelf-stable microwaveable entrees, frozen processed foods and a variety of ethnic cuisine foods such as Mexican salsas, Asian vegetable oils, marinades and sauces, Mediterranean-based couscous, processed olives and peppers, Indian lentils, chutneys and curry pastes and Italian olive oils.

These products are sold to retail, foodservice and deli operations under a number of well-known and valuable trademarks, including Hormel, American Classics, Always Tender, Black Label, Bread Ready, Carapelli, Chi-Chi’s, Cure 81, Curemaster, Di Lusso, Dinty Moore, Dubuque, El Torito, Fast ‘N Easy, Herdez, Herb-Ox, Homeland, House of Tsang, Jennie-O Turkey Store, Kid’s Kitchen, Layout Pack, Light & Lean, Little Sizzlers, Marrakesh Express, Mary Kitchen, Old Smokehouse, Patak’s, Peloponnese, Range Brand, Rosa Grande, SPAM, Stagg and Wranglers.

For additional information, visit the company’s Web site at www.hormel.com.

American Red Cross

The American Red Cross is providing lifesaving assistance in the form of immediate disaster mass care and blood to victims and emergency workers in New York, Washington, D.C. and Pennsylvania following the incomprehensible attacks of September 11. The Red Cross will stay with these people as this tragedy unfolds. The Red Cross has been on the scene from the beginning providing disaster support in the form of food, shelter and mental health counseling to all individuals affected. To help the victims of these and other disasters please support the American Red Cross Disaster Relief Fund.

Contribute directly to the American Red Cross by going to www.redcross.org