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Company Overview

About Us

Founded in Hawaii in 1851, Dole Food Company, Inc., with 2010 revenues of $6.9 billion, is the world's largest producer and marketer of high-quality fresh fruit and fresh vegetables. Dole markets a growing line of packaged and frozen foods, and is a produce industry leader in nutrition education and research. The Company does business in more than 90 countries and employs, on average, 36,000 full-time, regular employees and 23,000 full-time seasonal or temporary employees, worldwide.

DOLE FOOD COMPANY, INC. ANNOUNCES EXTENSION OF EXCHANGE OFFER.

Westlake Village, California - July 16, 2002

Dole Food Company, Inc. (NYSE: DOL) announced today that it has extended its exchange offer to exchange up to $400.0 million principal amount of newly issued 7-1/4% Senior Notes Due 2009 registered under the Securities Act of 1933, as amended, for a like principal amount of its outstanding privately placed 7-1/4% Senior Notes Due 2009, to 5:00 p.m. New York City time, on July 23, 2002, unless further extended.

As of the close of business on July 16, 2002, $393,927,000 in aggregate principal amount of the notes have been tendered.

The exchange agent for the exchange offer is J.P. Morgan Trust Company, National Association, which can be reached at (415) 954-2360.

Dole Food Company, Inc., with 2001 revenues of $4.5 billion, is the world's largest producer and marketer of high-quality fresh fruit, fresh vegetables and fresh-cut flowers, and markets a growing line of packaged foods.