Landec Corporation Director Adopts Rule 10b5-1 Trading Plan.

MENLO PARK, Calif. -- Landec Corporation (Nasdaq:LNDC), a developer and marketer of technology-based polymer products for food, agricultural and licensed partner applications, today announced that Director, Frederick Frank, age 74, has adopted a pre-arranged stock trading plan to sell a portion of his Landec stock over time through the Tanner-Frank Foundation for charitable purposes. The stock trading plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934 and Landec's policies regarding stock transactions.

Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans when they are not in possession of material, non-public information. Using these plans, insiders can gradually diversify their investment portfolios, can spread stock trades out over an extended period of time to reduce any market impact and can avoid concerns about whether they had material, non-public information when they sold their stock.

Under the Tanner-Frank Foundation's Rule 10b5-1 Plan, the Foundation may sell up to 500,000 shares of currently owned Landec common stock (representing less than 2% of Landec's outstanding stock) subject to Rule 144 requirements and certain market price thresholds set forth in the Plan. No shares will be sold under this plan unless Landec's share price is at or above $12.00 per share. The Plan terminates once the share limit is reached or December 31, 2007, whichever is sooner. If the planned sales of shares under the Tanner-Frank Foundation Rule 10b5-1 Plan are completed, Mr. Frank would still beneficially own approximately 1.0 million shares of Landec common stock (including shares subject to currently exercisable options).

The transactions under the Plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission.

Landec Corporation designs, develops, manufactures and sells temperature-activated and other specialty polymer products for a variety of food, agricultural and licensed partner applications. The Company's temperature-activated polymer products are based on its proprietary Intelimer[R] polymers which differ from other polymers in that they can be customized to abruptly change their physical characteristics when heated or cooled through a pre-set temperature switch.