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Dole Food Company, Inc. Responds to Market Rumors

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Sep. 12, 2012-- Dole Food Company, Inc. (NYSE:DOLE) announced in response to market rumors, that, as part of its previously announced strategic review, it is in advanced negotiations with ITOCHU Corporation for the possible sale of its Packaged Foods and Asia Fresh businesses. No definitive agreements have been signed at this time, and Dole continues in discussions with several other parties regarding these assets and others.


DOLE is the world’s largest producer and marketer of high-quality fresh fruit and fresh vegetables, and is the leading producer of organic bananas and producer/shipper of organic pineapples. DOLE markets a growing line of packaged and frozen fruit and is a produce industry leader in nutrition education and research. For more information, please visit www.dole.com. For more information on DOLE’s sustainability initiatives, please visit www.dolesustainability.com.

Source: Dole Food Company, Inc.

Dole Food Company, Inc.
Joseph Tesoriero, (818) 879-6900
Beth Potillo, (818) 879-6733

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Dole Food Company, Inc's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.