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Reorganization

December 28, 2009
Dear Pilgrim's Pride Supplier

I am pleased to report that after a 13-month restructuring, Pilgrim’s Pride and six of our subsidiaries today emerged from chapter 11 bankruptcy protection.

Pilgrim’s Pride today begins a new chapter as a market-driven company clearly focused on delivering the highest levels of service, selection and value to our customers as efficiently as possible. Over the past 13 months, we have made significant improvements across our organization aimed at positioning Pilgrim’s Pride to respond quickly to the needs of the market. Those changes have touched every aspect of our business, from supply chain and operations to sales and marketing.

Thanks to the commitment and support of our 41,000 employees and 4,500 growers, Pilgrim’s Pride today is a stronger, leaner company with a growing customer base, improved capital structure and a culture built on results and accountability. We are very excited about the strategic opportunities available with JBS as our majority shareholder and we look forward to the future.

Sincerely,

Don Jackson
President and Chief Executive Officer

Click here to view the press release.

Toll-Free Restructuring Information Line:
888-830-4659

Contact:
Tim Thomas
Senior Vice President, Procurement
Pilgrim's Pride
903-434-1122


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