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Christopher Cuddy Named Managing Director of Almex

12/17/2008

CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today announced that Christopher Cuddy has been named managing director of Almidones Mexicanos, SA de CV (ALMEX), effective January 1, 2009. Cuddy will succeed John Nichols as president of ALMEX when Nichols retires effective August 31, 2009.

Almidones Mexicanos, SA de CV (ALMEX) is a joint venture of Controladora ADM, S.A. DE C.V., an indirect wholly owned subsidiary of ADM, and Tate & Lyle Ingredients. Located in Guadalajara, Mexico, ALMEX processes corn for sweeteners and starches.

“Chris’ experience in corn processing and his passion for our business make him an excellent fit for this position,” said Dennis Riddle president, ADM Corn Processing. “We look forward to working with Chris in his new role.”

Cuddy joined ADM in 1998 and was appointed vice president, Corn Processing, in 2004. He previously served as North American sales manager, Bioproducts, responsible for the sale and marketing of lysine and threonine; and world product manager for Ecotone® phaffia astaxanthin, a natural source of the pigment astaxanthin used as a coloring agent in fish feed. From 1998 to 2000, Cuddy was senior commodity trader for ADM.

Cuddy holds a Bachelor of Science degree in business administration from Appalachian State University.

About ADM

Every day, the 27,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 230 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world’s premier crop origination and transportation network, connecting crops and markets in more than 60 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2008, were $70 billion. For more information about our Company and our products, visit www.adm.com.

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