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Business Description
H.J. Heinz Company manufactures and markets an extensive line of processed food products throughout the world. The Company's principal products include ketchup, condiments and sauces, frozen food, pet products, soups, beans and pasta meals, tuna and other seafood products, infant food and other processed food products. In North America, the Company owns 29 and leases six food processing factories. Major trademarks include Heinz, College Inn, StarKist, Classico, Quality Chef, Yoshida, Jack Daniels, Catelli, Wyler's, E-Z Squirt, Diana Sauce, Bell 'Orto, Bella Rosa, Pablum, Chef Francisco, Domani, Omstead, 9-Lives, Kibbles n' Bits, Ken-L-Ration, Reward, Gravy Train, Skippy, Nature's Recipe, Pounce, Snausages, Jerky Treats, Pup-Peroni, Wagwells, Techni-cal, Medi-cal, Meaty Bone, Ore-Ida, Bagel Bites, Moore's, Rosetto, Weight Watchers, Boston Market, Smart Ones, Hot Bites, Poppers, TGI Friday's and Delimex.

Financial Information
HNZ and its subsidiaries manufacture and market an extensive line of processed food products throughout the world, including ketchup and sauces/condiments, pet food, baby food, frozen potato products and low calorie products. For the 13 weeks ended 7/31/02, revenues increased 6% to $2.20 billion. Net income applicable to Common fell 11% to $177.8 million. Results reflect favorable impact of acquisitions, pricing and exchange rates, offset by higher SG&A expenses.