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Hormel Foods Corporation Declares Quarterly Dividend

The Board of Directors of Hormel Foods Corporation (NYSE:HRL), Austin, Minn.-based manufacturer and marketer of consumer-branded meat and food products, has declared a regular quarterly dividend of fifteen cents ($.15) per share on the common capital stock of the corporation.

The dividend is to be paid May 15, 2007, to stockholders of record at the close of business April 21, 2007.

This is the 315th quarterly dividend.

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