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Tyson Foods, Inc. Holds Annual Meeting of Stockholders

Springdale, AR (January 10, 1997) --- Tyson Foods, Inc. (Nasdaq:TYSNA), the leading producer, processor and marketer of poultry and poultry products, as well as other convenience food products, held its Annual Shareholder's Meeting on Friday, January 10, 1997, at the Walton Arts Center in Fayetteville, AR.

The Company announced that the nominees for election to the Board of Directors, as set forth in the Company's Proxy Statement, were elected. Elected to the Board for the upcoming year were Don Tyson, Leland Tollett, Joe F. Starr, John H. Tyson, Shelby D. Massey, Neely Cassady, Fred S. Vorsanger, Barbara A. Tyson, Lloyd V. Hackley, Donald Wray and Gerald Johnston.

Leland Tollett , Tyson Chairman of the Board and Chief Executive Officer, announced a 3-for-2 stock split, effective February 15, 1997 for shareholders of record on February 1, 1997. Additionally, the Board of Directors increased the post-split quarterly cash dividend to $.025 per share for Class A Common Stock and $.0225 cash dividend per share of Class B Common Stock, payable March 15, 1997 to holders of record on March 1, 1997.

The shareholders also approved an amendment to the Company's Amended and Restated Nonstatutory Stock Option Plan, which would increase the number of shares of Class A Common Stock authorized for issuance by 4,000,000 shares. Mr. Tollett also announced that the underlying shares for the authorized options are expected to be purchased from time to time in the open market under Board authorized share repurchases.

"Tyson Foods will be a $10 billion in sales company before the year 2005," Tollett predicted. "We will accomplish this through a variety of means including internal expansion, adding even more value to our further processed product lines, further acquistions in our core business and further growth in the international arena."

The Chairman announced that the Board had conferred the title of Vice Chairman on director John Tyson, the son of the Senior Chairman, Don Tyson. John Tyson will report to Chairman and CEO Leland Tollett, and work with other senior executives in the general management of the Company. Additionally, he will continue to oversee the Company's live swine operations as he did in his previous role as President of Tyson's Beef and Pork Division.

    Contact:
    Ed Nicholson (501) 290-4591
    Corporate Public Relations Manager
    email: nicholsone@tyson.com