Immediate
Thomas Granneman
314/877-7730
RALCORP HOLDINGS, INC. COMPLETES ACQUISITION
OF THE RED WING COMPANY, INC.
ANNUALIZED SALES NOW AT $1.1 BILLION
ST. LOUIS, MO, JULY 14, 2000 - Ralcorp Holdings, Inc. (NYSE: RAH) announced
today that it has completed the purchase of the Red Wing Company, Inc. for
$132.5 Million. Red Wing is a leading manufacturer of private label
shelf-stable wet filled type products with sales of $348 million for its fiscal
year ended April 29, 2000. Last month, Ralcorp announced that it had signed a
definitive agreement to purchase Red Wing from a subsidiary of Tomkins PLC.
