Suiza Foods and Dean Foods Announce Merger, Creating $10 Billion National Food Company

Companies Have Complementary Operations, Products, Distribution Networks And

Geographic Strengths and Strong Commitment to Quality and Customer Service



Dean Shareholders to Receive Total Value of $40.92 Per Share, Consisting Of

$21.00 Cash and 0.429 Shares of Suiza Common Stock



Transaction, Valued at $2.5 Billion, Will Be 5%-10% Accretive to Cash Earnings

Per Share in the First Full Year



$120 Million in Annual Synergies by End of Third Year After Closing;

$60 Million Expected in First Full Year After Closing



Company to Be Named Dean Foods; Headquarters to Be in Dallas



Apr 05, 2001, 01:00 ET from Suiza Foods Corporation and Dean Foods Company

    DALLAS and FRANKLIN PARK, Ill., April 5 /PRNewswire/ -- Suiza Foods
 Corporation (NYSE:   SZA) and Dean Foods Company (NYSE:   DF) today announced they
 have signed a definitive agreement under which the two companies will merge to
 form a national dairy and specialty foods company with $10 billion in revenue.
 The merged company, to be named Dean Foods, will be well positioned to meet
 the needs of all customers, whether local, regional or national.  Based on the
 closing stock price of Suiza on April 4, 2001, the transaction is valued at
 $2.5 billion, including the assumption of $1.0 billion in debt.
     The merger brings together two companies with complementary operations,
 products and distribution networks, and expands both Suiza's and Dean's
 geographic reach.  Both companies share a common commitment to customer
 service, product quality and innovation.
     The combined company anticipates achieving annual synergies of
 $120 million by the end of the third year after closing.  $60 million in
 synergies should be realized in the first full year after closing.  The
 synergies will come from areas spanning the combined company's business,
 including general and administrative expenses, purchasing, plant and operating
 efficiencies, manufacturing, marketing and distribution.
     The transaction will be accretive by 5%-10% in the first year after
 closing to cash earnings per share.  The term 'cash earnings per share'
 assumes the adoption of the new Business Combinations and Intangibles exposure
 draft issued by the Financial Accounting Standards Board.
     "This is an extremely compelling transaction that offers significant value
 to shareholders of both companies.  The merger is an important step in
 delivering on our ongoing growth strategy and positioning us for the future,"
 said Gregg Engles, Suiza's Chairman and Chief Executive Officer.  "The virtual
 completion of our national geographic footprint, with its associated benefits
 in customer service and efficiency across our manufacturing and distribution
 systems, will provide us material and ongoing benefit.  Likewise, the addition
 of Dean's Specialty Foods and the combination of the National Refrigerated
 Products group with our Morningstar value-added business will provide an
 enhanced platform to create shareholder value for years to come."
     Engles continued, "By combining with Dean Foods, we will also generate
 greater efficiencies and scale to invest in innovation and growth.  This
 opportunity should translate into increased consumption -- a benefit for the
 entire industry, from dairy farmers to consumers."
     Upon closing, the merged company will carry the Dean Foods name and will
 be headquartered in Dallas.  Howard Dean, Chairman and CEO, Dean Foods, will
 serve as Chairman of the Board of the merged company.  Gregg Engles, Chairman
 and CEO of Suiza Foods, will be CEO of the merged company, and will assume the
 Chairman's role upon Dean's retirement.  Both Dean and Engles will be members
 of the merged company's executive and management committees.
     The transaction has received the unanimous approval of both companies'
 Boards of Directors and is expected to close in the third quarter of 2001.
 
     Terms of the Agreement
     Under the terms of the agreement, Dean Foods shareholders will receive
 total consideration of $40.92 per common share, consisting of $21.00 in cash
 and 0.429 shares of Suiza common stock, a premium of 26% based on the closing
 prices of both companies on April 4, 2001.  Suiza will also assume
 $1.0 billion of debt.
     Upon completion of the transaction, there will be approximately 43 million
 basic shares of the new Dean Foods Company stock outstanding, with current
 Suiza shareholders owning approximately 65% of the company and Dean Foods
 shareholders holding approximately 35%.  Simultaneously with the change of
 Suiza's name to Dean Foods on the closing date, its trading symbol on the New
 York Stock Exchange will be DF.
     The new Dean Foods Board of Directors will consist of the existing
 10 Suiza members and 5 members to be nominated by Dean Foods.
     "By combining, Suiza and Dean are demonstrating a commitment to provide
 our customers with the best possible products and services in every market we
 serve," said Howard Dean, Dean Foods Chairman and CEO.  "The combined
 resources and strengths of the new Dean Foods should provide greater
 opportunities for the employees of both companies and lay the foundation for
 continued growth into the future.  I look forward to working with Gregg as the
 company begins its next stage of growth."
     Engles added:  "This merger will create continuing opportunities for our
 employees as we build a larger, stronger company.  We will draw upon the
 significant industry expertise and talent of both companies."
     Completion of the transaction is contingent upon approval by a majority of
 shareholders in both companies, certain regulatory approvals and other
 customary closing conditions.
     The Dean Foods quarterly dividend of $0.225 per common share will be paid
 at the discretion of the Dean Foods Board until closing.  After closing, the
 dividend will be discontinued.
     Bear, Stearns & Co. Inc. and Morgan Stanley & Co. Incorporated were
 advisors to Suiza; Goldman, Sachs & Co. advised Dean Foods.
 
     Repurchase of DFA Interest
     In connection with the transaction, Suiza has also agreed to repurchase
 the 33.8% stake in Suiza Dairy Group that is owned by the Dairy Farmers of
 America, Inc. (DFA) for a consideration of approximately $165 million in cash
 and the operations of six plants located in five states where Suiza and Dean
 Foods overlap.  Plant names and locations include: Barber, Birmingham, Ala.;
 Velda, Miami, Fla.; Velda, Winter Haven, Fla.; H. Meyer, Cincinnati, Ohio;
 Coburg, N. Charleston, S.C.; Cream O Weber, Salt Lake City, Utah.  Following
 the DFA transaction, all of the U.S. Dairy operations will be 100% owned by
 the shareholders of the new Dean Foods.
     Said Engles, "We carefully analyzed the areas of overlap and identified
 these operations to resolve potential regulatory concerns and ensure that
 approval for this pro-competitive transaction is secured in a timely manner.
 This transaction will create a world-class competitor in the food industry.
 The new Dean Foods will be a powerful platform for driving innovation and
 efficiency for the benefit of our consumers and customers and for driving
 growth and profitability for the benefit of our employees and shareholders."
     Merrill Lynch & Co. advised Dairy Farmers of America, Inc. in these
 transactions.
 
     A conference call to discuss the announcement will be held at 10:00 a.m.
 eastern today.  The call may be accessed live by visiting either
 http://www.suizafoods.com or http://www.deanfoods.com.
 
     About Dean Foods:
     Dean Foods is one of the nation's leading dairy processors and
 distributors producing a full line of branded and private label products,
 including fluid milk, ice cream and extended shelf life products, which are
 sold under the Dean's and other strong regional brand names.  Dean Foods is
 the industry leader in other food products including pickles, powdered
 non-dairy coffee creamers, aseptically packaged foodservice products, and
 refrigerated dips and salad dressings.  More information about Dean Foods can
 be found on its web site at http://www.deanfoods.com.
 
     About Suiza Foods:
     Suiza Foods Corporation, based in Dallas, Texas, is the nation's leading
 fluid 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(R).  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), Schenkel's All Star
 Dairy(TM), 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.
 
     Some of the statements in this press release are "forward-looking" and are
 made pursuant to the safe harbor provision of the Securities Litigation Reform
 Act of 1995.  These "forward-looking" statements include statements relating
 to (1) the impact the companies expect the proposed transaction to have on
 earnings per share, (2) the companies' expectations about their ability to
 successfully integrate the combined businesses, (3) the amount of cost savings
 and overall operational efficiencies the companies expect to realize as a
 result of the proposed transaction, (4) when the companies expect to close the
 proposed transaction, (5) the level of divestitures necessary to obtain
 regulatory approval, (6) the companies' projected combined sales, EBITDA and
 margins, (7) the ability of the companies to implement and continue branding
 initiatives and product innovations in a cost effective manner, (8) the
 ability of the companies to obtain financing for the transaction upon the
 terms contemplated, and (9) the ability to meet their stated financial goals.
 These statements involve risks and uncertainties which may cause results to
 differ materially from those set forth in these statements.  The ability to
 achieve the earnings per share projected and to realize projected cost savings
 and operational efficiencies is dependent upon their ability in the time
 periods projected, to (i) consolidate or reduce certain administrative or
 centralized functions, (ii) obtain certain goods and services more cost
 effectively, (iii) shift production and distribution between operating
 locations without disruption in their operations or in their relations with
 their customers, and (iv) close the proposed transactions on the terms
 contemplated.  The ability to close the proposed transaction in the third
 quarter is subject to receipt of shareholder approval and regulatory approval.
 The level of divestitures necessary to obtain regulatory approval of the
 transaction is subject to the extent of competition in the various markets in
 which the combining companies operate, as determined by the Department of
 Justice, other regulatory authorities and potentially, state and federal
 courts.  The ability of the companies to achieve projected combined sales,
 EBITDA and margins is dependent upon the ability of the combining companies to
 maintain their existing customer and other business relationships or to
 replace such customers or business relationships with other comparable
 relationships and upon economic, governmental and competitive conditions
 generally.  The ability of the companies to obtain financing and the terms of
 such financing is subject to the financial condition and operating performance
 of each of the combining companies prior to closing and to economic and
 financial market conditions generally.  Other risks affecting the business of
 the companies are identified in their filings with the Securities and Exchange
 Commission, including the Suiza Foods Annual Report on Form 10-K for the year
 ended December 31, 2000 and the Dean Foods Annual Report on Form 10-K for the
 year ended May 28, 2000.  All forward-looking statements in this press release
 speak only as of the date hereof.  Suiza Foods and Dean Foods expressly
 disclaim any obligation or undertaking to release publicly any updates or
 revisions to any such statements to reflect any change in their expectations
 or any changes in the events, conditions or circumstances on which any such
 statement is based.
 
 
     Other Legal Information
     Suiza Foods and Dean Foods expect to file with the SEC a joint proxy
 statement/prospectus and other relevant documents concerning the proposed
 transaction.  Investors are urged to read the joint proxy statement/prospectus
 when its becomes available and any amendments or supplements to the joint
 proxy statement/prospectus as well as any other relevant documents filed with
 the SEC, because they will contain important information concerning the
 proposed transaction.  Investors will be able to obtain the joint proxy
 statement/prospectus and other documents filed with the SEC free of charge at
 the SEC's website (http: //www.sec.gov).  In addition, the joint proxy
 statement/prospectus and other documents filed by Suiza Foods and Dean Foods
 with the SEC may be obtained free of charge by contacting Suiza Foods,
 2515 McKinney Avenue, Suite 1200, Dallas, Texas 75201, Attn:  Investor
 Relations (tel 214-303-3400) or Dean Foods, 3600 North River Road, Franklin
 Park, Illinois 60131, Attn: Investor Relations (tel 847-678-1680).
 
     Suiza, Dean and their respective directors and executive officers may be
 deemed to be participants in the solicitation of proxies from the stockholders
 of Suiza and Dean in favor of the transaction.  The directors and executive
 officers of Suiza and their beneficial ownership of Suiza common stock are set
 forth in the proxy statement for the 2000 annual meeting of Suiza.  The
 directors and executive officers of Dean and their beneficial ownership of
 Dean common stock are set forth in the proxy statement for the 2000 annual
 meeting of Dean.  You may obtain the proxy statements of Suiza and Dean free
 of charge at the SEC's website (http://www.sec.gov).  Stockholders of Suiza
 and Dean may obtain additional information regarding the interest of such
 participants by reading the joint proxy statement/prospectus when it becomes
 available.
 
 
                             TRANSACTION FACT SHEET
 
                                         Suiza                       Dean
     Corporate Identity         Suiza Foods Corporation     Dean Foods Company
     Year Founded                        1988                        1925
     Headquarters                     Dallas, TX             Franklin Park, IL
     Number of States                     31                          25
     U.S. Dairy Facilities   80 domestic, 3 International             60
     U.S. DSD Routes                     4,000                      2,200
     Employees                          18,000                      14,000
     Officers                        Gregg Engles,             Howard M. Dean,
                                    Chairman & CEO              Chairman & CEO
 
     Fiscal Year End                  December 31           Last Sunday of May
     Sales                            $5,756M(B)                  $4,272M(B)
     EBITDA                            $520M(B)                    $339M(B)
     Diluted Shares Outstanding          36.7M                      35.6M
     Stock Exchange Listings           NYSE:   SZA                   NYSE:   DF
 
                        TRANSACTION FACT SHEET CONTINUED
 
                                                    Combined
     Corporate Identity                        Dean Foods Company
     Year Founded                                     2001
     Headquarters                                  Dallas, TX
     Number of States                                  39
     U.S. Dairy Facilities                           137(A)
     U.S. DSD Routes                                  6,000
     Employees                                       30,000
     Officers                                 Howard Dean, Chairman
                                                Gregg Engles, CEO
 
     Fiscal Year End                               December 31
     Sales                                         $9,528M(C)
     EBITDA                                         $879M(C)
     Diluted Shares Outstanding                       52.4M
     Stock Exchange Listings                        NYSE:   DF
 
     (A)  Adjusted for divestiture of six facilities to DFA as part of the
          transaction
     (B)  As of December 2000 for Suiza and as of February 2001 for Dean
     (C)  Anticipated 1st year net synergies and divestitures
 
 
                           SUIZA DIVISIONS AND BRANDS
 
     Suiza Dairy Group
     Branded and private label fresh, flavored, single serve and extended shelf
 life fluid milk, organic milk, ice cream and novelties, sour cream, cottage
 cheese, dips and yogurt, half-and-half, coffee creamers, juice drinks and
 bottled water
     Brands:  kidsmilk(TM) and fitmilk(R), Adohr Farms(R), Barbe's(R), Brown's
 Dairy(TM), Broughton(R), Country Fresh(R), Dairy Gold(R), Dairymen's(R), Flav-
 O-Rich(R), Garelick Farms(R), Lehigh Valley Farms(R), London's(R), Meadow
 Gold(R), Model Dairy(R), Oak Farms(R), Poudre Valley(R), Robinson(R),
 Schenkel's All Star Dairy, Schepps(R), Shenandoah's Pride(R), Louis Trauth
 Dairy(R), Tuscan(R), Velda Farms(R), West Lynn Creamery(R)
 
     Morningstar
     Branded value-added and private label extended shelf life flavored and
 single serve milk, soymilk, lactose-free milk, sour cream, cottage cheese,
 dips, yogurt, egg substitute, half-and-half, coffee creamers, aerosol and pre-
 whip topping
     Brands:  International Delight(R), Second Nature(R), Naturally Yours(R),
 Mocha Mix(R), Sun Soy(TM)
 
      International and Puerto Rico
      Branded and value-added UHT milk
      Brands:  Suiza Dairy(R) in Puerto Rico; Celta(R) in Spain
 
 
                           DEAN DIVISIONS AND BRANDS
 
     Dairy Group
     Fluid milk and other cultured products including ice cream, fresh and
 aerosol whipped cream, half-and-half, flavored milks, cottage cheese, sour
 cream, lactose-reduced milk
     Brands:  Regional brands include Deans, Milk Chugs(R), McArthur, T.G.Lee,
 Barber's, Coburg, Mayfield, Purity, Reiter, Meadow Brook, Wengert's, Cream
 O'Weber, Creamland, Gandy's Price's, Alta Dena and Berkeley Farms and licensed
 products including NesQuik, Land O'Lakes and Dairy Ease
 
     Specialty Foods Group
     Pickles, non-dairy coffee creamers, puddings and sauces
     Brands:  Private label pickles and regional brands including Arnold,
 Atkins, Aunt Jane, Bennett, Cates, Dailey, Heifetz, Hoffman House, Nalley,
 Paramount, Peter Piper, Rainbow, Roddenbury, Schwartz and Steinfeld
 
     National Refrigerated Products Group
     Branded value-added products including intermediate and extended shelf
 life products
     Brands:  Milk Chugs, Marie's salad dressings, Dean Dips, Dips for One(TM),
 Grip N' Go and Silk Soy Milk (under license agreement)
 
 

SOURCE Suiza Foods Corporation and Dean Foods Company
    DALLAS and FRANKLIN PARK, Ill., April 5 /PRNewswire/ -- Suiza Foods
 Corporation (NYSE:   SZA) and Dean Foods Company (NYSE:   DF) today announced they
 have signed a definitive agreement under which the two companies will merge to
 form a national dairy and specialty foods company with $10 billion in revenue.
 The merged company, to be named Dean Foods, will be well positioned to meet
 the needs of all customers, whether local, regional or national.  Based on the
 closing stock price of Suiza on April 4, 2001, the transaction is valued at
 $2.5 billion, including the assumption of $1.0 billion in debt.
     The merger brings together two companies with complementary operations,
 products and distribution networks, and expands both Suiza's and Dean's
 geographic reach.  Both companies share a common commitment to customer
 service, product quality and innovation.
     The combined company anticipates achieving annual synergies of
 $120 million by the end of the third year after closing.  $60 million in
 synergies should be realized in the first full year after closing.  The
 synergies will come from areas spanning the combined company's business,
 including general and administrative expenses, purchasing, plant and operating
 efficiencies, manufacturing, marketing and distribution.
     The transaction will be accretive by 5%-10% in the first year after
 closing to cash earnings per share.  The term 'cash earnings per share'
 assumes the adoption of the new Business Combinations and Intangibles exposure
 draft issued by the Financial Accounting Standards Board.
     "This is an extremely compelling transaction that offers significant value
 to shareholders of both companies.  The merger is an important step in
 delivering on our ongoing growth strategy and positioning us for the future,"
 said Gregg Engles, Suiza's Chairman and Chief Executive Officer.  "The virtual
 completion of our national geographic footprint, with its associated benefits
 in customer service and efficiency across our manufacturing and distribution
 systems, will provide us material and ongoing benefit.  Likewise, the addition
 of Dean's Specialty Foods and the combination of the National Refrigerated
 Products group with our Morningstar value-added business will provide an
 enhanced platform to create shareholder value for years to come."
     Engles continued, "By combining with Dean Foods, we will also generate
 greater efficiencies and scale to invest in innovation and growth.  This
 opportunity should translate into increased consumption -- a benefit for the
 entire industry, from dairy farmers to consumers."
     Upon closing, the merged company will carry the Dean Foods name and will
 be headquartered in Dallas.  Howard Dean, Chairman and CEO, Dean Foods, will
 serve as Chairman of the Board of the merged company.  Gregg Engles, Chairman
 and CEO of Suiza Foods, will be CEO of the merged company, and will assume the
 Chairman's role upon Dean's retirement.  Both Dean and Engles will be members
 of the merged company's executive and management committees.
     The transaction has received the unanimous approval of both companies'
 Boards of Directors and is expected to close in the third quarter of 2001.
 
     Terms of the Agreement
     Under the terms of the agreement, Dean Foods shareholders will receive
 total consideration of $40.92 per common share, consisting of $21.00 in cash
 and 0.429 shares of Suiza common stock, a premium of 26% based on the closing
 prices of both companies on April 4, 2001.  Suiza will also assume
 $1.0 billion of debt.
     Upon completion of the transaction, there will be approximately 43 million
 basic shares of the new Dean Foods Company stock outstanding, with current
 Suiza shareholders owning approximately 65% of the company and Dean Foods
 shareholders holding approximately 35%.  Simultaneously with the change of
 Suiza's name to Dean Foods on the closing date, its trading symbol on the New
 York Stock Exchange will be DF.
     The new Dean Foods Board of Directors will consist of the existing
 10 Suiza members and 5 members to be nominated by Dean Foods.
     "By combining, Suiza and Dean are demonstrating a commitment to provide
 our customers with the best possible products and services in every market we
 serve," said Howard Dean, Dean Foods Chairman and CEO.  "The combined
 resources and strengths of the new Dean Foods should provide greater
 opportunities for the employees of both companies and lay the foundation for
 continued growth into the future.  I look forward to working with Gregg as the
 company begins its next stage of growth."
     Engles added:  "This merger will create continuing opportunities for our
 employees as we build a larger, stronger company.  We will draw upon the
 significant industry expertise and talent of both companies."
     Completion of the transaction is contingent upon approval by a majority of
 shareholders in both companies, certain regulatory approvals and other
 customary closing conditions.
     The Dean Foods quarterly dividend of $0.225 per common share will be paid
 at the discretion of the Dean Foods Board until closing.  After closing, the
 dividend will be discontinued.
     Bear, Stearns & Co. Inc. and Morgan Stanley & Co. Incorporated were
 advisors to Suiza; Goldman, Sachs & Co. advised Dean Foods.
 
     Repurchase of DFA Interest
     In connection with the transaction, Suiza has also agreed to repurchase
 the 33.8% stake in Suiza Dairy Group that is owned by the Dairy Farmers of
 America, Inc. (DFA) for a consideration of approximately $165 million in cash
 and the operations of six plants located in five states where Suiza and Dean
 Foods overlap.  Plant names and locations include: Barber, Birmingham, Ala.;
 Velda, Miami, Fla.; Velda, Winter Haven, Fla.; H. Meyer, Cincinnati, Ohio;
 Coburg, N. Charleston, S.C.; Cream O Weber, Salt Lake City, Utah.  Following
 the DFA transaction, all of the U.S. Dairy operations will be 100% owned by
 the shareholders of the new Dean Foods.
     Said Engles, "We carefully analyzed the areas of overlap and identified
 these operations to resolve potential regulatory concerns and ensure that
 approval for this pro-competitive transaction is secured in a timely manner.
 This transaction will create a world-class competitor in the food industry.
 The new Dean Foods will be a powerful platform for driving innovation and
 efficiency for the benefit of our consumers and customers and for driving
 growth and profitability for the benefit of our employees and shareholders."
     Merrill Lynch & Co. advised Dairy Farmers of America, Inc. in these
 transactions.
 
     A conference call to discuss the announcement will be held at 10:00 a.m.
 eastern today.  The call may be accessed live by visiting either
 http://www.suizafoods.com or http://www.deanfoods.com.
 
     About Dean Foods:
     Dean Foods is one of the nation's leading dairy processors and
 distributors producing a full line of branded and private label products,
 including fluid milk, ice cream and extended shelf life products, which are
 sold under the Dean's and other strong regional brand names.  Dean Foods is
 the industry leader in other food products including pickles, powdered
 non-dairy coffee creamers, aseptically packaged foodservice products, and
 refrigerated dips and salad dressings.  More information about Dean Foods can
 be found on its web site at http://www.deanfoods.com.
 
     About Suiza Foods:
     Suiza Foods Corporation, based in Dallas, Texas, is the nation's leading
 fluid 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(R).  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), Schenkel's All Star
 Dairy(TM), 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.
 
     Some of the statements in this press release are "forward-looking" and are
 made pursuant to the safe harbor provision of the Securities Litigation Reform
 Act of 1995.  These "forward-looking" statements include statements relating
 to (1) the impact the companies expect the proposed transaction to have on
 earnings per share, (2) the companies' expectations about their ability to
 successfully integrate the combined businesses, (3) the amount of cost savings
 and overall operational efficiencies the companies expect to realize as a
 result of the proposed transaction, (4) when the companies expect to close the
 proposed transaction, (5) the level of divestitures necessary to obtain
 regulatory approval, (6) the companies' projected combined sales, EBITDA and
 margins, (7) the ability of the companies to implement and continue branding
 initiatives and product innovations in a cost effective manner, (8) the
 ability of the companies to obtain financing for the transaction upon the
 terms contemplated, and (9) the ability to meet their stated financial goals.
 These statements involve risks and uncertainties which may cause results to
 differ materially from those set forth in these statements.  The ability to
 achieve the earnings per share projected and to realize projected cost savings
 and operational efficiencies is dependent upon their ability in the time
 periods projected, to (i) consolidate or reduce certain administrative or
 centralized functions, (ii) obtain certain goods and services more cost
 effectively, (iii) shift production and distribution between operating
 locations without disruption in their operations or in their relations with
 their customers, and (iv) close the proposed transactions on the terms
 contemplated.  The ability to close the proposed transaction in the third
 quarter is subject to receipt of shareholder approval and regulatory approval.
 The level of divestitures necessary to obtain regulatory approval of the
 transaction is subject to the extent of competition in the various markets in
 which the combining companies operate, as determined by the Department of
 Justice, other regulatory authorities and potentially, state and federal
 courts.  The ability of the companies to achieve projected combined sales,
 EBITDA and margins is dependent upon the ability of the combining companies to
 maintain their existing customer and other business relationships or to
 replace such customers or business relationships with other comparable
 relationships and upon economic, governmental and competitive conditions
 generally.  The ability of the companies to obtain financing and the terms of
 such financing is subject to the financial condition and operating performance
 of each of the combining companies prior to closing and to economic and
 financial market conditions generally.  Other risks affecting the business of
 the companies are identified in their filings with the Securities and Exchange
 Commission, including the Suiza Foods Annual Report on Form 10-K for the year
 ended December 31, 2000 and the Dean Foods Annual Report on Form 10-K for the
 year ended May 28, 2000.  All forward-looking statements in this press release
 speak only as of the date hereof.  Suiza Foods and Dean Foods expressly
 disclaim any obligation or undertaking to release publicly any updates or
 revisions to any such statements to reflect any change in their expectations
 or any changes in the events, conditions or circumstances on which any such
 statement is based.
 
 
     Other Legal Information
     Suiza Foods and Dean Foods expect to file with the SEC a joint proxy
 statement/prospectus and other relevant documents concerning the proposed
 transaction.  Investors are urged to read the joint proxy statement/prospectus
 when its becomes available and any amendments or supplements to the joint
 proxy statement/prospectus as well as any other relevant documents filed with
 the SEC, because they will contain important information concerning the
 proposed transaction.  Investors will be able to obtain the joint proxy
 statement/prospectus and other documents filed with the SEC free of charge at
 the SEC's website (http: //www.sec.gov).  In addition, the joint proxy
 statement/prospectus and other documents filed by Suiza Foods and Dean Foods
 with the SEC may be obtained free of charge by contacting Suiza Foods,
 2515 McKinney Avenue, Suite 1200, Dallas, Texas 75201, Attn:  Investor
 Relations (tel 214-303-3400) or Dean Foods, 3600 North River Road, Franklin
 Park, Illinois 60131, Attn: Investor Relations (tel 847-678-1680).
 
     Suiza, Dean and their respective directors and executive officers may be
 deemed to be participants in the solicitation of proxies from the stockholders
 of Suiza and Dean in favor of the transaction.  The directors and executive
 officers of Suiza and their beneficial ownership of Suiza common stock are set
 forth in the proxy statement for the 2000 annual meeting of Suiza.  The
 directors and executive officers of Dean and their beneficial ownership of
 Dean common stock are set forth in the proxy statement for the 2000 annual
 meeting of Dean.  You may obtain the proxy statements of Suiza and Dean free
 of charge at the SEC's website (http://www.sec.gov).  Stockholders of Suiza
 and Dean may obtain additional information regarding the interest of such
 participants by reading the joint proxy statement/prospectus when it becomes
 available.
 
 
                             TRANSACTION FACT SHEET
 
                                         Suiza                       Dean
     Corporate Identity         Suiza Foods Corporation     Dean Foods Company
     Year Founded                        1988                        1925
     Headquarters                     Dallas, TX             Franklin Park, IL
     Number of States                     31                          25
     U.S. Dairy Facilities   80 domestic, 3 International             60
     U.S. DSD Routes                     4,000                      2,200
     Employees                          18,000                      14,000
     Officers                        Gregg Engles,             Howard M. Dean,
                                    Chairman & CEO              Chairman & CEO
 
     Fiscal Year End                  December 31           Last Sunday of May
     Sales                            $5,756M(B)                  $4,272M(B)
     EBITDA                            $520M(B)                    $339M(B)
     Diluted Shares Outstanding          36.7M                      35.6M
     Stock Exchange Listings           NYSE:   SZA                   NYSE:   DF
 
                        TRANSACTION FACT SHEET CONTINUED
 
                                                    Combined
     Corporate Identity                        Dean Foods Company
     Year Founded                                     2001
     Headquarters                                  Dallas, TX
     Number of States                                  39
     U.S. Dairy Facilities                           137(A)
     U.S. DSD Routes                                  6,000
     Employees                                       30,000
     Officers                                 Howard Dean, Chairman
                                                Gregg Engles, CEO
 
     Fiscal Year End                               December 31
     Sales                                         $9,528M(C)
     EBITDA                                         $879M(C)
     Diluted Shares Outstanding                       52.4M
     Stock Exchange Listings                        NYSE:   DF
 
     (A)  Adjusted for divestiture of six facilities to DFA as part of the
          transaction
     (B)  As of December 2000 for Suiza and as of February 2001 for Dean
     (C)  Anticipated 1st year net synergies and divestitures
 
 
                           SUIZA DIVISIONS AND BRANDS
 
     Suiza Dairy Group
     Branded and private label fresh, flavored, single serve and extended shelf
 life fluid milk, organic milk, ice cream and novelties, sour cream, cottage
 cheese, dips and yogurt, half-and-half, coffee creamers, juice drinks and
 bottled water
     Brands:  kidsmilk(TM) and fitmilk(R), Adohr Farms(R), Barbe's(R), Brown's
 Dairy(TM), Broughton(R), Country Fresh(R), Dairy Gold(R), Dairymen's(R), Flav-
 O-Rich(R), Garelick Farms(R), Lehigh Valley Farms(R), London's(R), Meadow
 Gold(R), Model Dairy(R), Oak Farms(R), Poudre Valley(R), Robinson(R),
 Schenkel's All Star Dairy, Schepps(R), Shenandoah's Pride(R), Louis Trauth
 Dairy(R), Tuscan(R), Velda Farms(R), West Lynn Creamery(R)
 
     Morningstar
     Branded value-added and private label extended shelf life flavored and
 single serve milk, soymilk, lactose-free milk, sour cream, cottage cheese,
 dips, yogurt, egg substitute, half-and-half, coffee creamers, aerosol and pre-
 whip topping
     Brands:  International Delight(R), Second Nature(R), Naturally Yours(R),
 Mocha Mix(R), Sun Soy(TM)
 
      International and Puerto Rico
      Branded and value-added UHT milk
      Brands:  Suiza Dairy(R) in Puerto Rico; Celta(R) in Spain
 
 
                           DEAN DIVISIONS AND BRANDS
 
     Dairy Group
     Fluid milk and other cultured products including ice cream, fresh and
 aerosol whipped cream, half-and-half, flavored milks, cottage cheese, sour
 cream, lactose-reduced milk
     Brands:  Regional brands include Deans, Milk Chugs(R), McArthur, T.G.Lee,
 Barber's, Coburg, Mayfield, Purity, Reiter, Meadow Brook, Wengert's, Cream
 O'Weber, Creamland, Gandy's Price's, Alta Dena and Berkeley Farms and licensed
 products including NesQuik, Land O'Lakes and Dairy Ease
 
     Specialty Foods Group
     Pickles, non-dairy coffee creamers, puddings and sauces
     Brands:  Private label pickles and regional brands including Arnold,
 Atkins, Aunt Jane, Bennett, Cates, Dailey, Heifetz, Hoffman House, Nalley,
 Paramount, Peter Piper, Rainbow, Roddenbury, Schwartz and Steinfeld
 
     National Refrigerated Products Group
     Branded value-added products including intermediate and extended shelf
 life products
     Brands:  Milk Chugs, Marie's salad dressings, Dean Dips, Dips for One(TM),
 Grip N' Go and Silk Soy Milk (under license agreement)
 
 SOURCE  Suiza Foods Corporation and Dean Foods Company