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North America+

June 26, 2013

WhiteWave Spin-off from Dean Foods Completed

The WhiteWave Foods Company(“WhiteWave”) (NYSE: WWAV) today announced that Dean Foods Company has completed the distribution to Dean Foods stockholders of a portion of its remaining equity interest in WhiteWave.

Reduction in the Voting Rights of Class B Common Stock Effective;

Stock Repurchase Program Authorized

BROOMFIELD, Colo.—(BUSINESS WIRE)—May. 23, 2013—The WhiteWave Foods Company(“WhiteWave”) (NYSE: WWAV) today announced that Dean Foods Company has completed the distribution to Dean Foods stockholders of a portion of its remaining equity interest in WhiteWave. After the close of business today, Dean Foods distributed an aggregate of 47,686,000 shares of WhiteWave Class A common stock and 67,914,000 shares of WhiteWave Class B common stock as a pro rata dividend on shares of Dean Foods common stock outstanding at the close of business on the record date of May 17, 2013.

Based on the shares of Dean Foods common stock outstanding as of May 17, 2013, the record date for the distribution, each share of Dean Foods common stock received 0.25544448 shares of WhiteWave Class A common stock and 0.36380189 shares of WhiteWave Class B common stock in the distribution.

Fractional shares of WhiteWave Class A common stock and WhiteWave Class B common stock were not distributed to Dean Foods stockholders. Instead, the fractional shares of WhiteWave Class A common stock and WhiteWave Class B common stock will be aggregated and sold in the open market, with the net proceeds distributed pro rata in the form of cash payments to Dean Foods stockholders who would otherwise receive WhiteWave fractional shares. The spin-off was structured to qualify as a tax-free distribution to Dean Foodsstockholders for U.S. federal tax purposes. Cash received in lieu of fractional shares will, however, be taxable. Dean Foods stockholders should consult their tax advisors with respect to U.S. federal, state, local and foreign tax consequences of the distribution.

Effective upon the distribution, the previously announced reduction in the voting rights of WhiteWave Class B common stock became effective. Each share of WhiteWave Class B common stock now is entitled to ten votes with respect to the election and removal of WhiteWave directors and one vote with respect to all other matters submitted to a vote of WhiteWave’s stockholders.

“As an independent company, The WhiteWave Foods Company is well positioned to grow and create shareholder value as a result of strong brand equity in on-trend categories,” said Gregg Engles, WhiteWave Chairman and CEO. “The spin-off will provide WhiteWave with greater flexibility to build its portfolio of great-tasting, nutritious and responsibly-produced products. We look forward to our future as an independent company with a clear strategy, a leading portfolio of trusted brands and a culture of continuous innovation.”

WhiteWave Class A common stock currently trades on the NYSE under the symbol “WWAV” and, beginning on May 24, 2013, WhiteWave Class B common stock will trade on the NYSEunder the symbol “WWAV.B”.

Following the distribution, Dean Foods continues to own an approximate 19.9% economic interest in WhiteWave, which Dean Foods has stated that it expects to dispose of within 18 months after the distribution in one or more debt-for-equity exchanges or other tax-free dispositions.

Stock Repurchase Program Authorized

WhiteWave also announced today that its Board of Directors has authorized a share repurchase program, under which the company may repurchase up to $150 million of its common stock. The primary purpose of the program will be to offset dilution from WhiteWave’s equity compensation plans, but the company also may make discretionary, opportunistic purchases. Shares may be repurchased under the program from time to time in one or more open market or other transactions, at the discretion of the company, subject to market conditions and other factors. The authorization to repurchase shares will end when the company has repurchased the maximum amount of shares authorized, or the company’s Board of Directors has determined to discontinue such repurchases.

About The WhiteWave Foods Company

The WhiteWave Foods Company is a leading consumer packaged food and beverage company that manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products throughout North America and Europe. WhiteWave is focused on providing consumers with innovative, great-tasting food and beverage choices that meet their increasing desires for nutritious, flavorful, convenient, and responsibly produced products. WhiteWave’s widely-recognized, leading brands distributed in North America include Silk® plant-based foods and beverages, International Delight® and LAND O LAKES® coffee creamers and beverages, and Horizon Organic® premium dairy products. Its popular European brands of plant-based foods and beverages include Alpro® and Provamel®.

To learn more about WhiteWave, visit http://www.whitewave.com.

Forward-Looking Statements

Some of the statements in this press release are “forward-looking” and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These “forward-looking” statements include statements relating to, among other things, dispositions of Dean Foods’ remaining ownership interest in WhiteWave. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release. The disposition of Dean Foods’ remaining ownership interest in WhiteWave in one or more tax-free dispositions after the spin-off would be subject to various conditions, including the existence of satisfactory market conditions. For other risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see the “Risk Factors” section of WhiteWave’s most recent Annual Report on Form 10-K. The forward-looking statements in this press release speak only as of the date of this release. WhiteWave expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements 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: The WhiteWave Foods Company

The WhiteWave Foods Company

Investor Relations:

Dave Oldani, +1 303-635-4747

or

Media:

Molly Keveney, +1 303-635-4529

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January 6, 2014

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2013

December 9, 2013

The WhiteWave Foods Company Announces Agreement to Acquire Earthbound Farm

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November 5, 2013

WhiteWave Foods Creates Month-Long, Company-Strong Volunteer Month

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October 1, 2013

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September 25, 2013

WhiteWave Foods Becomes one of the First U.S. Companies to Source Sustainbale Palm Oil

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August 26, 2013

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July 9, 2013

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June 26, 2013

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May 31, 2013

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May 23, 2013

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April 23, 2013

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April 14, 2013

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February 20, 2013

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February 20, 2013

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January 30, 2013

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2012

December 3, 2012

WhiteWave Foods Announces Sale of Assets to Morningstar Foods

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November 30, 2012

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October 25, 2012

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March 9, 2012

Everyone contributes

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Europe+

May 31, 2013

Alpro wants to make consumers aware of the impact of their behaviour

And is willing to act on its word: Alpro halves waste production compared to 2008 and reduces CO2 emissions of its factories by 14%, while production volumes have risen by 17%
Brussels —

Alpro, a pioneer in the field of plant-based food, is organising a conference today on sustainable eating habits and consumer behaviour. The conference shows how consumers can more easily than generally thought make a greater contribution to the preservation of the planet via their food choices. Sustainable food is not synonymous with organic, expensive, time-consuming or complicated. A sustainable consumer diet is perfectly feasible if it contains at least two thirds plant-based foodstuffs. Alpro considers this is not only the responsibility of the consumer, but is also making more efforts than ever itself to reduce its own ecological footprint.

Informing consumers

Western consumer behaviour is pushing the planet with its 7 billion inhabitants to its limits. Informing and educating consumers about the impact of their behaviour is a massive challenge. There are countless myths maintaining the image of sustainable eating as something for idealists’ or for people with a lot of time and money. “By replacing animal foods such as meat or milk in the daily diet with plant-based variations, consumers can reduce their food costs by 10%,” says Janice Harland, nutritionist at the University of Bath in the United Kingdom. Consumers are not sufficiently aware that not only is healthier eating important, but that both healthy and sustainable food go hand in hand. “For example, people who eat less red meat often compensate by eating more poultry, fish and dairy products, which can ultimately increase the pressure on the environment,” says Harland.

However, a wide variety of nutritious plant-based alternatives is available on supermarket shelves. According to Wim Verbeke, professor in agro-food marketing and consumer behaviour at the University of Ghent, “43% of Flemish people think their ecological footprint is fine although on a global level Flanders is one of the regions that puts most pressure on the environment.”

“Together with other stakeholders such as policymakers, NGO’s and retailers, we are taking on the challenge of making consumers realise the importance of sustainable consumption. We are investing a lot of time and resources in this project, including our biennial sustainability report and initiatives such as this conference”, says Bernard Deryckere, CEO of Alpro.

Convincing consumers: make it easy

It turns out that even well-informed consumers do not easily change their consumption pattern. Nevertheless, the conference shows that a contribution by every single consumer can make the difference. Getting consumers to act on their words and actually change their consumption pattern is the big challenge which Alpro as a company wants to take on as a challenge.

“One thing we know: providing clear information is difficult, but changing the behaviour of well-informed consumers is even harder.. The new lifestyle which we will all eventually have to accept, does not have to be expensive and certainly doesn’t have to be difficult,” according to Bernard Deryckere. “The solution consists in inverting our traditional diet of 2/3 animal-based food and 1/3 plant-based food”.

‘Walk the talk’: Alpro sets a good example

The biennial Sustainability Report published today shows that Alpro has put more effort than ever into setting a good example as a sustainable company. The CO2 emissions of the factories of Alpro have fallen by 14% since 2008, while production volume has risen by 17%. Alpro, the first European food company to be part of the WWF Climate Savers programme, is rightly proud of this achievement.

Additionally, Alpro has almost halved its waste. And since 2011, the company has been using a different cap for its soya drinks, which economises 0.96 kg of plastic per 1000 litres of soya drink. In addition, Alpro has made the packaging for its yoghurt products 0.1 mm thinner, which has resulted in 1 kg less plastic per 1000 kg product, with no reduction in quality. Furthermore, at least 1 barge carrying 20 containers of soya beans moors at the quay in Wevelgem every week, which means that 1,200 fewer trucks are clogging traffic every year.

“These are just a handful of the many efforts that we have made in production, transport and packaging. However, the core of our sustainability lies in the type of products we bring to market”, says Koen Bouckaert, Vice President Strategy & Business Development at Alpro. “Plant-based food puts far less pressure on the environment. It requires less land and water and produces fewer CO2 emissions than animal-based food. Cow milk requires 3 times more land and 2.5 times more water than a soya drink, while the CO2 emission for cow milk is 5 times higher.”

“Even plant-based products made, for example, of almonds, put much less pressure on the environment. By building our company around our DNA of plant-based food, we put sustainability at the heart of everything we do. It is also worth knowing that plant-based products currently make up only 1.8% of the European dairy market, so there is a lot of potential for lowering the environmental impact of our food choices. That’s why we are calling on all stakeholders to make an active contribution to this mission.”

ABOUT Alpro

For more than 30 years, Alpro has been Europe’s most innovative creator of delicious, nutritious, plant-based foods. We not only pioneered the soyfoods category, but also almond and hazelnut beverage innovations—the first non-soy, plant-based milk alternatives to be commercialized on a large scale in Europe. Our product lines also include plant-based alternatives to yogurt, cream, and margarine—and all Alpro products are non-GMO certified.

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May 31, 2013

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