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Bestfoods (BFO)

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Wednesday 22 March, 2000


Dividend Declaration

21 March 2000


ENGLEWOOD CLIFFS, NJ, March 21, 2000 - The Board of Directors of Bestfoods today
declared a regular quarterly dividend of 26.5 cents per share, payable
on April 25, 2000, to stockholders of record at the close of business March 31, 

ABOUT BESTFOODS: Bestfoods, formerly CPC International Inc., is among the
largest U.S. food companies, with sales of $8.6 billion in 1999. Best known
among Bestfoods' U.S. products are: Hellmann's and Best Foods mayonnaise and
dressings; Mazola corn oil and margarine; Skippy peanut butter. Knorr soups,
sauces, and bouillons; Entenmann's sweet baked products; Thomas' English
muffins. Arnold, Brownberry, Freihofer's, and Oroweat breads; Boboli pizza
crusts; Mueller's pasta; and Karo syrup.  Bestfoods' global Knorr brand
comprises one of the world's most extensive lines of products. Bestfoods is one
of the nation's most international food companies, with operations in more than
60 countries and products marketed in 110 countries. For more information about
Bestfoods, visit the company's website on the Internet at:


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