Sara Lee Announces Results of Tender Offer

Sara Lee SLE announced today the results of the previously announced cash tender offer for any and all of its 6 ¼% Notes due 2011. The tender offer expired at 5:00 p.m., New York City time, on September 7, 2010. Based on the final tabulation provided by D. F. King & Co., Inc., the depositary and information agent for the tender offer, the aggregate principal amount of the 6 ¼% Notes that were validly tendered and not validly withdrawn prior to the Expiration Time was $653,321,000. Sara Lee has accepted for purchase all of the 6 ¼% Notes validly tendered and not validly withdrawn prior to the Expiration Time, with settlement expected to occur today, September 8, 2010. Holders of the 6 ¼% Notes that validly tendered and did not validly withdraw their 6 ¼% Notes prior to the Expiration Time will receive $1,058.45 per $1,000 principal amount of 6 ¼% Notes tendered, plus $30.03 per $1,000 principal amount of such 6 ¼% Notes for accrued and unpaid interest from and including the last interest payment date up to, but not including, the settlement date.