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Domingo Lastra Named President-ADM South American Operations

08/08/2006

CHICAGO--(BUSINESS WIRE)-- Domingo Lastra has been named President-South American Operations for Archer Daniels Midland Company (NYSE: ADM). The Company’s South American operations include origination, transportation and processing.

He joined ADM in 1994, and has held positions in the United States, Mexico, Paraguay and Brazil, most recently serving as Director-Origination, Ports, Logistics and Fertilizers for South America. He has a Bachelor of Science degree in agricultural economics from the Universidad de Belgrano in Buenos Aires, Argentina.

About ADM

Archer Daniels Midland Company (ADM) is a world leader in agricultural processing and fermentation technology. ADM is one of the world’s largest processors of soybeans, corn, wheat and cocoa. ADM is also a leader in the production of soybean oil and meal, ethanol, corn sweeteners and flour. In addition, ADM produces value-added food and feed ingredients. Headquartered in Decatur, Illinois, ADM has over 26,000 employees, more than 250 processing plants and net sales for the fiscal year ended June 30, 2006 of $36.6 billion. Additional information can be found on ADM’s Web site at www.adm.com.

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