News Release

ConAgra Foods Announces Webcast of Its Presentation at the Lehman Brothers Back-to-School Consumer Conference

OMAHA, Neb.--(BUSINESS WIRE)--Aug. 27, 2008--ConAgra Foods, Inc., (NYSE: CAG) invites interested investors and consumers to listen to its presentation at the Lehman Brothers Back-To-School Consumer Conference. The presentation will take place on Wednesday, Sept. 3, 2008, at 3 p.m. EDT.

 What:    ConAgra Foods, Inc. presentation at the Lehman Brothers
           Back-To-School Consumer Conference
 When:    Wednesday, Sept. 3, 2008, at 3 p.m. EDT
 Where:   http://investor.conagrafoods.com
 How:     Simply log on to the Web site at the above address
 Contact: ConAgra Foods Investor Relations department at (402) 595-
           4157

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, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville Redenbacher's, PAM, Reddi-wip, and many others. For more information, please visit us at www.conagrafoods.com.


CONTACT: ConAgra Foods
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.