Archer Daniels Midland Company Announces Results Through Early Tender Time of Its Offers to Purchase up to $400 Million of Its Outstanding Debt

Archer Daniels Midland Company Announces Results Through Early Tender Time of Its Offers to Purchase up to $400 Million of Its Outstanding Debt

2007-06-08

Archer Daniels Midland Company (NYSE: ADM) today announced that, as of 5:00 p.m., New York City time, June 7, 2007, the early tender time, the following amount of debentures (the “Debentures”) have been validly tendered and not validly withdrawn in connection with its previously announced cash tender offers for up to $400 million amount of its outstanding Debentures. These Debentures, if accepted, will be eligible for the early tender payment of $20.00 per $1,000.00 principal amount of Debentures. The terms and conditions of the tender offers are described in detail in the Offer to Purchase dated May 30, 2007 and the related Letter of Transmittal.

             
Title of Security Cusip No.   Acceptance Priority Level   Principal Amount Tendered   Percent of Outstanding Principal Amount Tendered to Date

8.875% Debentures due April 2011
(CUSIP No. 039483AG7)

  1   $196,054,000   65.79%

8.125% Debentures due June 2012
(CUSIP No. 039483AJ1)

  2   $196,855,000   65.62%

7.125% Debentures due March 2013
(CUSIP No. 039483AK8)

  3   $103,539,000   41.42%
     

Since the aggregate principal amount of Debentures validly tendered and not validly withdrawn prior to the expiration of the tender offers exceeds the $400 million tender cap, only $400,000,000 aggregate principal amount of the Debentures tendered will be accepted for purchase. All Debentures due 2011 will be accepted before any other Debentures are accepted. Once all the Debentures due 2011 have been accepted, Debentures due 2012 will be accepted, subject to the tender cap and proration of that series as described in the Offer to Purchase. Once all the Debentures due 2012 have been accepted, Debentures due 2013 will be accepted, subject to the tender cap and proration of that series as described in the Offer to Purchase. Any tendered Debentures not accepted will be promptly returned to the tendering parties.

For additional information regarding the terms of the tender offers, please contact: Barclays Capital, Inc. at (866) 307-8991 (toll free) or (212) 412-4072 (collect), Deutsche Bank Securities Inc. at (866) 627-0391 (toll free) or (212) 250-2955 (collect), and Goldman, Sachs & Co. at (877) 686-5059 (toll free) or (212) 902-5334 (collect). Requests for documents and questions regarding the tendering of Debentures may be directed to Global Bondholder Services Corporation at (866) 952-2200 (toll free) or (212) 430-3774 (collect).

ADM’s obligations to accept any Debentures tendered and to pay the applicable consideration for them are set forth solely in the Offer to Purchase and the related Letter of Transmittal. This press release is not an offer to purchase or a solicitation of acceptance of the tender offers. Subject to applicable law, ADM may amend, extend or, subject to certain conditions, terminate the tender offers.

Archer Daniels Midland Company (ADM) is the world leader in BioEnergy and has a premier position in the agricultural processing value chain. ADM is one of the world’s largest processors of soybeans, corn, wheat and cocoa. ADM is a leading manufacturer of biodiesel, ethanol, soybean oil and meal, corn sweeteners, flour and other value-added food and feed ingredients. Headquartered in Decatur, Illinois, ADM has over 26,000 employees, more than 240 processing plants and net sales for the fiscal year ended June 30, 2006 of $37 billion. Additional information can be found on ADM’s Web site at http://www.admworld.com/

ADM Media Relations
217/424-5413