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Bestfoods (BFO)

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Tuesday 14 March, 2000


Further re Tender Offer

13 March 2000

Contact:  Gale L. Griffin (201) 894-2407
          Vice President, Corporate Communications


Englewood Cliffs, NJ, March 13, 2000 - Bestfoods today announced that it had
received the requisite consents in the tender offer and consent solicitation
relating to the 10.75% Notes due 2005 (the 'Notes') of Arisco Produtos
Alimenticios S.A. ('Arisco'), a wholly owned indirect subsidiary of Bestfoods,
as of March 10, 2000 (the 'Consent Payment Deadline').  The tender offer is
scheduled to expire at 11:59 p.m., New York City time, on March 24, 2000 (the
'Expiration Date'), unless extended.

Bestfoods also announced today that it had amended the terms of the consent
solicitation such that it will pay the early consent fee of $30.00 per $1,000
principal amount of Notes tendered prior to the Expiration Date for the tender
offer and accepted for purchase.  Prior to this amendment the consent fee was
only available to holders who tendered prior to the Consent Payment Deadline. 
The Expiration Date remains unchanged.

Salomon Smith Barney is the dealer manager and solicitation agent and D.F. King
& Co., Inc. is the information agent for the tender offer and the solicitation.
Requests for documentation should be directed to D.F. King & Co., Inc. at
800-269-6427.  Questions regarding the transaction should be directed to Salomon
Smith Barney at 800-558-3745.

This announcement is not an offer to purchase, a solicitation of an offer to
purchase or a solicitation of consent with respect to any Notes.  The tender
offer and consent solicitation are being made solely by the Offer to Purchase
and Consent Solicitation Statement and related Letter of Transmittal and
Consent, dated February 28, 2000.

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 Web site on the Internet at: 


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