June 26, 2009

TAR HEEL SMITHFIELD WORKERS REACH TENTATIVE AGREEMENT

(Tar Heel, NC) – Smithfield Packing Company and the bargaining committee of the United Food and Commercial Workers (UFCW) Local 1208 reached a tentative agreement on a first contract for the workers at the Tar Heel pork processing facility. The bargaining committee and Smithfield believe the agreement provides a fair and equitable package for the workers and allows Smithfield to remain competitive in the market. Both parties look forward to a union ratification vote on June 30 and July 1, 2009.