Tuesday, 21 November 2000

Suiza Foods Corporation Reiterates Comfort With Fourth Quarter Earnings Estimate

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Tuesday, 21 November 2000

DALLAS, Nov. 21 /PRNewswire/ — Suiza Foods Corporation (NYSE: SZA), the
nation’s largest dairy processor and distributor, announced today that it
remains comfortable with its previously announced fourth quarter earnings
estimate of approximately $1.07 per share.

“Given the recent announcement from Dean Foods, we want to reiterate that
the fundamentals of our business are sound,” said Barry Fromberg, Executive
Vice President and Chief Financial Officer. “We delivered record sales and
earnings in the third quarter, and we continue to be confident about our
ability to execute against our strategy.”

Suiza announced its fourth quarter earnings estimate in a webcast
conference call with analysts and investors on November 2, 2000.

Suiza Foods Corporation, based in Dallas, Texas, is the nation’s leading
dairy processor and distributor, producing a full line of company-branded and
customer-branded products. National brands include International Delight(R),
Second Nature(R), Naturally Yours(R), Mocha Mix(R), Sun Soy(TM), kidsmilk(TM)
and fitmilk(TM). Regional brands consist of Adohr Farms(R), Barbe’s(R),
Brown’s Dairy(TM), Broughton(R), Country Fresh(R), Dairymen’s(R), Flav-O-
Rich(R), Lehigh Valley Farms(R), London’s(R), Meadow Gold(R), Model Dairy(TM),
Garelick Farms(TM), Oak Farms(R), Robinson(R), Schepps(R), Shenandoah’s
Pride(R), Suiza(TM), Louis Trauth(TM), Tuscan(R), Velda Farms(R) and West Lynn
Creamery(R), as well as Celta(R) in Spain. Suiza also sells products under
partner or licensed brands in certain regions, including Borden(R),
Lactaid(R), Foremost(R) and Pet(R). Additionally, the company owns
approximately 43% of Consolidated Container Company, one of the nation’s
largest manufacturers of rigid plastic containers.

The statement in this press release regarding the company’s confidence in
its earnings estimate for the fourth quarter of 2000 is a “forward-looking
statement” and it is made pursuant to the safe harbor provision of the
Securities Litigation Reform Act of 1995. This statement involves risks and
uncertainties that may cause results to differ materially from the statement
set forth in this press release. The company’s ability to meet targeted
earnings per share depends on a variety of economic, competitive and
governmental factors, many of which are beyond the company’s control and which
are described in Suiza’s filings with the Securities and Exchange Commission,
including its Quarterly Report on Form 10-Q for the quarter ended September
30, 2000. The forward-looking statement in this press release speaks only as
of the date of this release. Suiza expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to such statement to
reflect any change in its expectations with regard thereto or any changes in
the events, conditions or circumstances on which any such statement is based.
SOURCE Suiza Foods Corporation

CONTACT: Cory M. Olson, Vice President and Treasurer of Suiza Foods
Corporation, 214-303-3645/

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