Dole Food Company, Inc. (NYSE:DOLE) today confirmed that no Dole entities are addressees of the recently announced Statement of Objections issued by the European Commission, which alleges that a number of companies active in the import and marketing of bananas in Southern Europe had participated in a cartel in violation of the European competition laws. Throughout the investigation preceding the issuance of the Statement of Objections Dole cooperated with the European Commission in its inquiries, while maintaining that it had not violated European competition law.
About Dole Food Company, Inc.
Dole Food Company, Inc. (NYSE:DOLE), is the world’s largest producer and marketer of high-quality fresh fruit and fresh vegetables, and a leading producer of organic products. Dole markets a growing line of packaged and frozen foods and is an industry leader in nutrition education and research. With 2008 annual revenues over $7 billion, Dole has approximately 76,000 employees operating in more than 90 countries around the world. For more information, please visit our corporate Web site at www.dole.com.
This release contains “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Forward looking statements, which are based on management’s current expectations, are generally identifiable by the use of terms such as “may,” “will,” “expects,” “believes,” “intends,” “anticipates” and similar expressions. The potential risks and uncertainties that could cause actual results to differ materially from those expressed or implied herein include weather-related phenomena; market responses to industry volume pressures; product and raw materials supplies and pricing; energy supply and pricing; changes in interest and currency exchange rates; economic crises and security risks in developing countries; international conflict; and quotas, tariffs and other governmental actions. Further information on the factors that could affect Dole’s financial results is included in its SEC filings, including its Annual Report on Form 10-K.
Marty Ordman, 818-874-4834