Microsoft PowerPoint Presentation

9/6/2002


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Table of Contents

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Food and Beverage Universe

Dean Foods Overview

Integration Progress

Our Goals

Reporting Segments Six months ended June 30, 2002

Strong Regional Brand Portfolio

Serving Over 6,000 DSD Routes

A Unique Balance of Businesses

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Building a Strategic Brand Portfolio

Building a Strategic Brand Portfolio

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Silk is Soy

Silk is Soy

Flavored Coffee Creamers

Flavored Milk Innovations Hershey’s Milks and Shakes

Single Serve Innovations Folger’s Jakada

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Land O’Lakes Opportunities Where simple goodness begins

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Q2 Results

Consistent EPS Performance1

Substantial Free Cash Flow

Capital Structure

2002 Outlook

Investment Summary

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Author: Dean EMPLOYEE