News Release

ConAgra Foods Announces Details of Fiscal 2006 Fourth-Quarter Earnings Release and Conference Call

Jun 21, 2006, 7:48 AM EDT

OMAHA, Neb.--(BUSINESS WIRE)--June 21, 2006--ConAgra Foods Inc. (NYSE:CAG), one of North America's leading packaged food companies, will report its fiscal 2006 fourth-quarter and fiscal year-end results on Wednesday, June, 28, 2006. The news release will be issued at approximately 7:30 a.m. EDT.

ConAgra Foods will host a conference call at 9 a.m. EDT to discuss the results. Following the company's remarks, the call will include a question-and-answer session with the investment community. Domestic and international participants may access the conference call toll-free by dialing 1-877-447-8217 and 1-706-679-0415, respectively. No confirmation or pass code is needed. This conference call also can be accessed live on the Internet at www.conagrafoods.com/investors.

A rebroadcast of the conference call will be available after 1 p.m. EDT. To access the digital replay, a conference ID number will be required. Domestic participants should dial 1-800-642-1687 and international participants should dial 1-706-645-9291 and enter conference ID 9609787. A rebroadcast also will be available on the company's Web site.

ConAgra Foods Inc. (NYSE:CAG) is one of North America's largest packaged food companies, serving 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, Reddi-wip, PAM, and many others.

CONTACT:
ConAgra Foods Inc., Omaha
Media:
Chris Kircher, 402-595-5392
or
Analysts:
Chris Klinefelter, 402-595-4154
www.conagrafoods.com

SOURCE:
ConAgra Foods Inc.