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In Re Del Monte Foods Company Shareholder Litigation Class Action Lawsuit Settlement

If You Were A Record Holder Or Beneficial Owner Of Common Stock Of Del Monte Foods Company At Any Time Between And Including November 25, 2010 And March 8, 2011, Your Rights My Be Affected by a Class Action Settlement.

A class action settlement has been reached in a shareholder class action lawsuit in the Court of Chancery of the State of Delaware challenging the acquisition of Del Monte Foods Company (“Del Monte Foods”) by funds affiliated with Kohlberg Kravis Roberts & Co. L.P. (“KKR”), Vestar Capital Partners, and Centerview Capital, L.P., according to the In Re Del Monte Foods Company Shareholder Litigation Class Action Settlement agreement.

The In Re Del Monte Foods Company Shareholder Litigation “Settlement Class” reportedly includes any and all Del Monte stockholders who were record holders or beneficial owners of Del Monte common stock at any time between and including November 25, 2010 and the Closing (regardless of the date of purchase of Del Monte stock), and any person or entity acting for or on behalf of, or claiming under, any of them, and each of them, but excluding Defendants; the Immediate Family members of the Director Defendants; the parents, subsidiaries and affiliates of the Sponsors, Barclays, and Del Monte, and each of their current or former directors, executive officers, partners and members; any person, firm, trust, corporation or other entity in which any Defendant has, or had during the Settlement Class Period, a controlling interest; and the legal representatives, heirs, executors, administrators, predecessors, successors, predecessors-in-interest, successors-in-interest and assigns of any such excluded party.

The “Settlement Amount” reportedly is a total of eighty nine million four hundred thousand dollars in cash ($89,400,000.00).

A settlement hearing in the In Re Del Monte Foods Company Shareholder Litigation is reportedly scheduled to be held in the Court of Chancery, New Castle County Courthouse, 500 North King Street, Wilmington, DE 19801, on December 1, 2011, at 11:00a.m.

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