ConAgra Foods Announces Details of Two Upcoming Webcasts.

OMAHA, Neb. -- ConAgra Foods, Inc. (NYSE:CAG), one of North America's leading packaged food companies, will report its fiscal 2007 first-quarter results on Thursday, Sept. 21, 2006. The news release will be issued at approximately 7:30 a.m. EDT.

ConAgra Foods will host a conference call at 9:30 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 1-800-811-8830 and 1-913-981-4904, 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 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 6705460. A rebroadcast also will be available on the company's Web site.

In addition, the company will webcast its Fiscal 2006 Annual Stockholders' Meeting on Thursday, Sept. 28, 2006. This event will be webcast live beginning at 2:30 p.m. EDT. The webcast will be archived starting at 4:30 p.m. EDT on Thursday, Sept. 28 and can be accessed at www.conagrafoods.com/investors.

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.