updated 4/6/2011 2:16:29 PM ET 2011-04-06T18:16:29

SMITHFIELD, Va., April 6, 2011 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NYSE:SFD) will host a live conference call and audio webcast at 3:00 PM ET today, Wednesday, April 6, 2011 to discuss the potential joint de-listing takeover bid by the company and Pedro Ballvé to acquire the remaining approximate 50 percent of Campofrio Food Group, S.A. Mr. Ballvé is the current chairman of Campofrio.

Participants can access the call by dialing (800) 230-1096 in the United States and (612) 332-0226 internationally. The call will be webcast at http://investors.smithfieldfoods.com/events.cfm and will be archived at this location. A telephone replay will be available at (800) 475-6701 in the U.S. and (320) 365-3844 internationally and will be archived for two weeks. The replay access code is 198982.

About Smithfield Foods

Smithfield Foods is the world's largest pork processor and hog producer, with revenues exceeding $11 billion in fiscal 2010. In the United States, the company is also the leader in numerous packaged meats categories. From national brands and regional powerhouses in the United States to some of the best-known European brands, Smithfield Foods products are prized by retail, foodservice, and deli customers alike. For more information, visit www.smithfieldfoods.com .

The Smithfield Foods, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7622

CONTACT: Keira Lombardo
         Smithfield Foods, Inc.
         (757) 365-3050
         keiralombardo@smithfieldfoods.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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