Certain statements made herein are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They include statements about anticipated industry growth, SYSCO's long term growth objectives, anticipated capital expenditures, and implementation of "fold-outs" and acquisitions.

These statements are based on current expectations and management estimates; actual results may differ materially. Decisions to pursue "fold-outs" and acquisitions and expenditures for such could vary depending upon construction schedules and the timing of other purchases, such as fleet and equipment, while "fold-out" and acquisition results could be impacted by competitive conditions, labor issues and other matters. The ability to pursue acquisitions also depends upon the availability and suitability of potential candidates and management's allocation of capital. Industry growth and SYSCO's long-term growth objectives could be affected by conditions in the economy, the industry and internal factors that may alter planned results. For a discussion of certain risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see the Company's Annual Report on Form 10-K for the fiscal year ended July 1, 2000 filed on September 29, 2000.