Ralcorp Holdings, Inc. Completes Purchase of Cottage Bakery, Inc.

14/11/06 Ralcorp Holdings, Inc. announced that it has completed the purchase of Cottage Bakery, Inc., a leading manufacturer of frozen par-baked breads and frozen dough sold in the retail and foodservice channels. Cottage Bakery's management team will continue operations at its manufacturing facility in Lodi, California, where it employs approximately 690 people. Ralcorp executed a definitive purchase agreement on October 18, 2006.

Kevin J. Hunt, Co-Chief Executive Officer and President of Ralcorp Holdings, Inc., said: "We welcome the Cottage Bakery management team and employees to the Ralcorp family. Cottage will become a key part of Ralcorp's Frozen Bakery Products segment and will enhance Ralcorp's existing frozen bakery product offerings."