Wednesday, 1 May 2002

Dean Foods Company Will Webcast First Quarter Earnings Conference Call And Upcoming Investor Presentation

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Wednesday, 1 May 2002

DALLAS, May 1, 2002 — Dean Foods Company
(NYSE: DF) will webcast its first quarter earnings conference call and its
upcoming investor presentation at the Goldman Sachs Global Consumer Products
Conference. All of the live webcasts for these events can be accessed by
visiting the company’s website at www.deanfoods.com and clicking on “Webcasts.”

On Wednesday, May 8, 2002 at 10:00 a.m. EDT, management will host an earnings
conference call to discuss the results for the first quarter and its outlook for
the balance of 2002. An earnings press release will be issued before the market
opens on that same date.

On Friday, May 10, 2002 at 11:30 a.m. EDT, the company will present at the
Goldman Sachs Global Consumer Products Conference. Interested parties may
directly access this webcast by visiting https://gs.com/ir/conf and entering the
username “conference/conf2” and password “goldman2”.

Replays of both webcasts will be available on the corporate website at
www.deanfoods.com within the Investor Relations section of the site under Audio
Archives. Each replay will become available shortly following the completion of
each event.

Dean Foods Company is one of the nation’s leading food and beverage companies.
The company produces a full line of company-branded and private label dairy
products such as milk and milk-based beverages, ice cream, coffee creamers, half
and half, whipping cream, whipped toppings, sour cream, cottage cheese, yogurt,
dips, dressings and soy milk. The company is also a leading supplier of pickles
and other specialty food products, juice, juice drinks and water. The company
operates over 120 plants in 38 U.S. states and 3 countries, and employs more
than 30,000 people.

Contact:
Cory Olson
Senior Vice President and Treasurer
(214) 303-3645

P.I. Aquino
Assistant Treasurer
(214) 303-3437

SOURCE Dean Foods Company

CONTACT: Cory Olson, Senior Vice President and Treasurer,
+1-214-303-3645, or P.I. Aquino, Assistant Treasurer, +1-214-303-3437, both of
Dean Foods Company

URL: http://gs.com/ir/conf

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