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E.T. Horn Company Selected By Cargill Foods as Exclusive Distributor of Lecithin Products in Western States

La Mirada, CA – June 25, 2004 - The E.T. Horn Company, a leading distributor/supplier of food ingredients and specialty chemicals, today announced that it has agreed to enter into an agreement with Cargill to represent its line of soy lecithin throughout the western United States.

The E.T. Horn Company’s FoodTech and Nutraceuticals Groups will feature Cargill Food & Pharma Specialties’ line of products including Leciprime fluid lecithin and Lecigran deoiled lecithin. Cargill is a proven leader in lecithin marketing, logistics and identity preserved supply chain solutions. “E.T. Horn is one of the premier food ingredient distributors in the U.S. We are excited to add E.T. Horn to the Cargill Lecithin distribution network," said Creager Simpson, Cargill Food and Pharma Specialties President.

Lecithin is derived from soybean processing. In its liquid form lecithin is used as a natural emulsifier. The deoiling process results in powdered and granular lecithin. Lecithin is used in a variety of foods as a blending agent, dough stabilizer, and instantizing aid. It is also an important ingredient in pharmaceuticals, dietary supplements and cosmetics.

According to the Freedonia Group, a leading international business research firm, the $6.6 billion U.S. soy products industry will grow 5.4 percent annually through 2007. In the dominant food sector, proven health benefits and a spate of new products will spur strong gains in soy-based beverages and nutraceuticals.

Under the terms of this agreement, E.T. Horn will represent the entire Cargill Lecithin product line including: Lecigran, Lecisoy, Leciprime and Lecisperce.

“The addition of the Cargill line of lecithin to the E.T. Horn family of products is a great achievement for us and our clients," commented James F. Calkin, vice president of marketing at the E.T. Horn Company. “Cargill’s outstanding product line and reputation as an industry leader absolutely strengthens what we have to offer our customers,” Calkin added.

About Cargill Food and Pharma Specialties -
Cargill Food & Pharma Specialties, NA is part of Cargill’s Food System Design (FSD) platform, a group of specialty ingredient businesses that formulate integrated food solutions for customers. FSD works closely with its customers to produce innovative products and services that deliver nutritious, convenient and good tasting food.

Cargill Food & Pharma Specialties is business unit of Cargill, an international provider of food, agricultural and risk management products and services. With 101,000 employees in 60 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. For more information, visit www.cargill.com.

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