Exhibit 99.1
Food Company, Inc.
NEWS RELEASE
Contact: Marty Ordman
Phone: 818-874-4834
Dole Food Company, Inc. Files
Registration Statement for Initial Public Offering
WESTLAKE VILLAGE, California
August 14, 2009 — Dole Food Company, Inc. announced today that it has
filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission
relating to a proposed initial public offering of shares of its common stock. The offered shares
will include shares to be newly issued by Dole as well as shares to be sold by the sole current
stockholder of
the company. The number of shares to be offered, the allocation of shares to be
sold as between Dole and its sole stockholder and the price range for the offering have not yet
been determined. Dole expects to use the net proceeds it receives from the offering to pay down
certain indebtedness, and the remaining net proceeds, if any, for general corporate purposes. Dole
will not receive any of the proceeds from the sale of shares by its sole stockholder. Dole intends
to apply to list the common stock on The New York Stock Exchange under the ticker symbol
“DOLE.”
Goldman, Sachs & Co., BofA Merrill Lynch, Deutsche Bank Securities and Wells Fargo Securities will
act as joint book running managers for the offering. The offering will be made by means of a
prospectus. When available, copies of the preliminary prospectus relating to the offering may be
obtained from the prospectus department of Goldman, Sachs & Co. at 85 Broad Street,
New York,
New
York 10004, Attention: Prospectus Department, by telephone at
212-902-1171 or by emailing
Prospectus-ny@ny.email.gs.com.
A registration statement relating to these securities has been filed with the Securities and
Exchange Commission but has not yet become effective. These securities may not be sold nor may
offers to buy be accepted prior to the time the registration statement becomes effective.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of these securities in any state or jurisdiction in which the offer,
solicitation or sale of securities would be unlawful prior to their registration and qualification
under the securities laws of any such state or jurisdiction.
