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INDIA GOVERNMENT GRANTS KELLOGG COMPANY RIGHT TO HOLD 100 PERCENT EQUITY OWNERSHIP OF ITS INDIAN SUBSIDIARY

 BATTLE CREEK, Mich., July 2 /PRNewswire/ -- The government of India has granted Kellogg Company (NYSE: K) the right to hold 100 percent equity ownership of its Indian subsidiary, the company announced today. Kellogg India Limited began constructing a cereal production facility on a site near Bombay in 1992. Kellogg plans to begin manufacturing and marketing Kellogg's Corn Flakes(R) and a variety of other ready-to-eat cereal products in India in 1994.
 "We're very pleased that the government of India has taken this action," said Arnold G. Langbo, Kellogg Company chairman and chief executive officer. "This authorization will provide Kellogg Company with greater flexibility in maximizing our business plans for this exciting market. We firmly believe our presence will also have a positive impact on the country, particularly in agricultural and technical areas," Langbo said.
 "As we grow our business we will work closely with Indian suppliers in developing quality raw materials and pursuing opportunities for exporting Kellogg products made in India. We are optimistic that in the long-term, consumers in India will not only benefit from the nutritional value of Kellogg's grain-based foods but also from the economic impact of our presence."
 Kellogg Company is the world's leading producer of ready-to-eat cereal products. Kellogg products now are manufactured in 17 countries and distributed in more than 150 countries. In addition to the plant in India, Kellogg Company also is constructing new manufacturing facilities in Riga, Latvia and Guangzhou, China.
 -0- 7/2/93
 /CONTACT: Joseph M. Stewart of Kellogg's, 616-961-3799/
 (K)


CO: Kellogg Company ST: Michigan IN: FOD SU:

KE -- DE015 -- 8178 07/02/93 13:46 EDT
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Publication:PR Newswire
Date:Jul 2, 1993
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