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PURINA MILLS ANNOUCES AMENDMENT TO STOCKHOLDER RIGHTS PLANS

Purina Mills, LLC (Nasdaq: PMIL) announced today that its Board of Directors amended Purina Mills' stockholder rights plan to make the provisions of the plan inapplicable to the Land O'Lakes merger agreement announced today.  The amendment also provides that a person or entity (other than GSCP Recovery, Inc., Purina Mills' largest stockholder) will become an "acquiring person" under the rights agreement if such person or entity becomes the beneficial owner of 10% or more of the outstanding common stock of Purina Mills.  If any person or entity (other than GSCP Recovery) already owns 10% or more of the outstanding Purina Mills common stock, that person or entity will not be considered an "acquiring person" unless and until such time as that person or entity acquires additional shares of Purina Mills' common stock.

Purina Mills is a market leader in the United States in developing, manufacturing, and marketing differentiated animal nutrition products and programs for dairy cattle, beef cattle, hogs, and horses.  Purina Mills also develops, manufactures and sells poultry feeds as well as specialty feeds for rabbits, zoo animals, laboratory animals, birds, fish and companion animals.

Purina Mills is America’s largest producer and marketer of animal nutrition products.  Based in St. Louis, Missouri, the Company has 49 plants and approximately 2500 employees nationwide.  Purina Mills is permitted under a perpetual, royalty-free license agreement from Ralston Purina Company to use the trademarks “Purina” and the nine-square Checkerboard logo.  Purina Mills is not affiliated with Ralston Purina Company, which distributes Purina Dog Chow brand and Purina Cat Chow brand pet foods.

Purina Mills is America’s leader in animal nutrition products. Based in St. Louis, Missouri, the Company has 49 plants and approximately 2500 employees nationwide. Purina Mills is permitted under a perpetual, royalty-free license agreement from Ralston Purina Company to use the trademarks "Purina" and the nine-square Checkerboard logo. Purina Mills is not affiliated with Ralston Purina Company, which distributes Purina Dog Chow brand and Purina Cat Chow brand pet foods.

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