News Release

ConAgra Foods Announces Dividend Payment

Apr 3, 2008, 6:02 AM EDT

OMAHA, Neb.--(BUSINESS WIRE)--April 3, 2008--The board of directors of ConAgra Foods, Inc., (NYSE: CAG) approved a dividend payment of $0.19 per common share, to be paid on June 2, 2008, to shareholders of record at the close of business on May 1, 2008.

ConAgra Foods, Inc., (NYSE: CAG) is one of North America's leading packaged food companies, serving consumer grocery retailers, as well as restaurants and other foodservice establishments. Popular ConAgra Foods consumer brands include: Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville Redenbacher's, PAM and many others. For more information, please visit us at www.conagrafoods.com.

CONTACT: ConAgra Foods, Inc.
Media
Teresa Paulsen, 402-595-5210
Vice President, Corporate Communication
or
Analysts
Chris Klinefelter, 402-595-4154
Vice President, Investor Relations
www.conagrafoods.com
SOURCE: ConAgra Foods, Inc.