By Michelle Krewedl & Yvonne Reichardt

The J. M. Smucker Company (www.smuckers.com) was founded in 1897 when the Company's namesake and founder sold his first product -- apple butter -- from the back of a horse-drawn wagon.

The J. M. Smucker Company has over 3,500 employees worldwide and distributes products in more than 45 countries

For over 108 years, The J. M. Smucker Company has been headquartered in Orrville, Ohio, and has been family run for four generations.

Since 1998, the Company has appeared on FORTUNE Magazine's annual listing of the 100 Best Companies to Work For in the United States, ranking number one in 2004.

They are targeting acquisition of well known inter isle Brands as their primary growth strategy

•James L. Kraft started selling cheese from a horse drawn carriage in 1903. The company opened it’s first manufacturing facility in 1914.•103,000 Employees Worldwide (2007 data)•Chairman and CEO Irene Rosenfeld was, for the third consecutive year, named to the sixth spot of the "The Wall Street Journal's" annual "Fifty Women to Watch" ranking.•“LATINA Style” magazine has named Kraft one of the top 50 companies for professional Hispanic women in the United States.•Kraft was named to replace global insurance giant American International Group (AIG) on the Dow JonesIndustrial Average (DJIA).

• ConAgra officially started business under this name in 1971, but its history can be traced back to 1861.

• ConAgra Foods is a leading branded foods company and is the trusted name behind many leading brands, including: Healthy Choice, Chef Boyardee, Egg Beaters, Hebrew National, Hunt’s, Orville Redenbacher’s, PAM, and Banquet, among others.

• For 20 years, ConAgra Foods has been an industry leader when it comes to providing consumers with lower sodium options. ConAgra Foods also is investing in new technologies that allow the company to reduce sodium even further.

67.3% 67.8% 67.8% 67.4% 66.2% 63.9% 64.0% 63.0% 73.9% 75.4% 75.1% 77.9%

*Source Advanced Economic Solutions

8.92% 8.39% 8.90% 9.54% 9.27% 10.52% 8.85% 9.12% 6.42% 4.31% 4.75% 5.53%

0.90 0.95 0.95 1.00 0.61 0.61 0.62 0.66

Smucker’s (NYSE: SJM)

Family Run organization that is active in business today. In light of current economic climate, they are actively monitoring

their liquidity and solvency. Total Revenue has increased by 57% over past 4 years Annual increase of 12% on average in net income They are targeting acquisition of well known inter isle CPG

companies as their primary growth strategy. Estimate Revenues to hit $5 Billion in 2009 with acquisition of Folgers coffee.

Consistently ranked as 100 best companies to work for by Fortune.

9% ROE