News Release

ConAgra Foods Announces Details of Fiscal 2009 Second-Quarter Earnings Release and Conference Call

Dec 10, 2008, 5:02 AM EST

OMAHA, Neb.--(BUSINESS WIRE)--Dec. 10, 2008--ConAgra Foods, Inc., (NYSE: CAG) one of North America's leading packaged food companies, will report its fiscal 2009 second-quarter results on Wednesday, Dec. 17, 2008. The news release will be issued at approximately 7:30 a.m. EST.

ConAgra Foods will host a conference call at 9:30 a.m. EST 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 1-800-260-6066 and 1-913-312-0654, respectively. No confirmation or pass code is needed. This conference call also can be accessed live on the Internet at http://investor.conagrafoods.com.

A rebroadcast of the conference call will be available after 1 p.m. EST. To access the digital replay, a pass code number will be required. Domestic participants should dial 1-888-203-1112, and international participants should dial 1-719-457-0820 and enter pass code 7570064. A rebroadcast also will be available on the company's Web site.

ConAgra Foods, Inc., (NYSE: CAG) is one of North America's leading packaged food companies, serving grocery retailers, as well as restaurants and other foodservice establishments. Popular ConAgra Foods consumer brands include: Banquet(R), Chef Boyardee(R), Egg Beaters(R), Healthy Choice(R), Hebrew National(R), Hunt's(R), Marie Callender's(R), Orville Redenbacher's(R), PAM(R), Peter Pan(R), Reddi-wip(R) 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.