Heinz Reaffirms Guidance

At the H.J. Heinz Company HNZ Annual Meeting of Shareholders today, Chairman, President and CEO William R. Johnson said: “Fiscal 2011 marked yet another great year for Heinz as we delivered record sales, net income and operating free cash flow while completing key acquisitions in Brazil and China to accelerate our growth.” In his address to shareholders, Mr. Johnson also reaffirmed the Company's previously announced Fiscal 2012 outlook, saying: “For the full year, Heinz expects constant currency earnings in the range of $3.24 to $3.32 per share, excluding special charges of approximately 35 cents per share for a series of one-time strategic productivity investments. These one-time initiatives are designed to help drive sustainable growth, offset rising commodity costs and improve the efficiency of our global supply chain.”