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Fresh Del Monte is the First Multinational Fresh Produce Company to Achieve EUREPGAP Certification

10.14.03
    CORAL GABLES, Fla.--(BUSINESS WIRE)--Oct. 14, 2003--

   The Company Demonstrates Its Commitment to Food Safety by Meeting
           Stringent International Best Practice Guidelines

Fresh Del Monte Produce Inc. (NYSE:FDP), today announced that, after a series of rigorous audits by fully accredited, independent auditing firms such as Bureau Veritas Quality International (BVQI) and Latu Sistemas, S.A., it has become the first multinational fresh produce company in the world to achieve the prestigious EUREPGAP certification status.

EUREPGAP's international certification guidelines examine the food safety of agricultural practices, environmental stewardship, labor and quality practices and compares them to the standards required by the leading food retailers and associated technical groups in Europe. Fresh Del Monte said that its Costa Rican banana, pineapple and melon operations and its primary Chilean deciduous and citrus operations have received the certification in recognition of the Company's commitment to safeguard product safety, the welfare of its employees, to assure food safety, to protect the environment and to produce the highest quality produce through the development and adoption of a codified system of "best practices". The Company also announced that other Fresh Del Monte operations would undergo EUREPGAP audits in the near future.

The EUREPGAP certification assures European retailers and consumers that the fresh produce received from Fresh Del Monte is the highest quality in the industry and standardized safety systems are in place to ensure product safety, employee welfare and environmental protection. This certification is also important to consumers because it validates the Company's strict food safety systems.

"Receiving EUREPGAP certification highlights our ongoing commitment to implementing quality management, food safety and environmental systems at our sites worldwide and demonstrates once again that Fresh Del Monte Produce is a global leader in the fresh produce industry," said Mohammad Abu-Ghazaleh, Chairman and Chief Executive Officer.

Fresh Del Monte is a leading vertically integrated producer and marketer of high quality fresh produce. The Company's primary products include bananas, pineapples, melons, specialty melons, tomatoes, potatoes, strawberries, onions, grapes, citrus, apples, pears, peaches, plums and plantains. The Company markets its products worldwide under the Del Monte(R) brand, a symbol of product quality and reliability since 1892.

This press release contains certain forward-looking statements regarding the intents, beliefs or current expectations of the Company or its officers with respect to various matters. These forward-looking statements are based on information currently available to the Company and the Company assumes no obligation to update these statements. It is important to note that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties. The Company's actual results may differ materially from those in the forward-looking statements as a result of various important factors, including those described under the caption "Key Information - Risk Factors" in Fresh Del Monte Produce Inc.'s Form 20-F for the year ended December 27, 2002.

Note to the Editor: This release and other press releases are available on the Company's web site, http://www.freshdelmonte.com.

    CONTACT: Fresh Del Monte Produce Inc., Coral Gables
             Dana Weinstein, 305-520-8278

    SOURCE: Fresh Del Monte Produce Inc.
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