DLM Del Monte Foods Co.

Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by members of the Board of Directors of Del Monte Foods Company (NYSE: DLM) arising from the proposed sale of Del Monte to a buyout group led by Kohlberg Kravis Roberts & Co. L.P.

Under the terms of the transaction, Del Monte shareholders will receive $19.00 in cash for each share of Del Monte stock they hold. The total value of the transaction is approximately $5.3 billion, including debt. The transaction is expected to close by March 2011.

Weiss & Lurie is investigating whether Del Monte’s Board acted in the best interests of shareholders in approving the proposed transaction and whether Del Monte’s Board properly sought to maximize shareholder value. In particular, at least one analyst has set a price target for Del Monte stock at $22.00 per share.

If you own common stock in Del Monte and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Michael A. Rogovin either by email at infony@weisslurie.com or by telephone at (888) 593-4771.

Weiss & Lurie has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (such as insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading press releases or SEC filings), consumer fraud (such as false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at infony@weisslurie.com or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.

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