|        | Contacts: |   | Fred                Adams, Jr., Chairman and CEOTimothy                A. Dawson, Vice President and CFO(601)                  948-6813 |
|--------|-----------|--------|-----------------------------------------------------------------------------------------------------------------------------------------|
|   |      |   |                                                                                                                                    |

**CAL-MAINE      FOODS REPORTS THIRD QUARTER FISCAL 2008 RESULTS**

*Statements      contained in this press release that are not historical facts are      forward-looking statements as that term is defined in the Private Securities      Litigation Reform Act of 1995. Such forward-looking statements are subject      to      risks and uncertainties (contained in the Company’s SEC filings) that could      cause actual results to differ materially from those projected. SEC filings      may      be obtained from the SEC or by contacting the Company.*

|                                      |                                                                                      |                                |
|-------------------------------------------|-------------------------------------------------------------------------------------------|-------------------------------------|
| **CAL-MAINE                  FOODS, INC** | POST                  OFFICE BOX 2960 ▪                  JACKSON, MISSISSIPPI 39207 |
|                                      | PHONE                  601-948-6813                                                       | FAX                    601-969-0905 |

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**CAL-MAINE      FOODS, INC. AND SUBSIDIARIES**

**FINANCIAL      HIGHLIGHTS**

|                                                  |   | **13                  Weeks Ended** |    | **39                  Weeks Ended** |   |
|-------------------------------------------------------|--------|-------------------------------------|---------|-------------------------------------|--------|
|                                                  |   | **March                  1,**       |    | **March                  3,**       |   | **March                  1,** |   | **March                  3,** |   |
|                                                  |   | **2008**                            |    | **2007**                            |   | **2008** |   | **2007** |   |
| Net                  sales                            |   | $                                   | 278,017 |                                | $      | 175,211 |   | $ | 680,311 |   | $ | 428,256 |   |
| Gross                  profit                         |   |                                | 104,902 |                                |   | 44,182 |   |   | 226,514 |   |   | 77,544 |   |
| Operating                  income                     |   |                                | 85,658  |                                |   | 27,280 |   |   | 171,593 |   |   | 31,714 |   |
| Other                  income (expense)               |   |                                | 2,229   |                                |   | 317 |   |   | 4,887 |   |   | (2,561 | ) |
| Income                  before income taxes           |   |                                | 87,887  |                                |   | 27,597 |   |   | 176,480 |   |   | 29,153 |   |
|                                                  |   |                                |    |                                |   |   |   |   |   |   |   |   |   |
| Net                  income                           |   | $                                   | 57,183  |                                | $      | 17,403 |   | $ | 115,303 |   | $ | 18,373 |   |
|                                                  |   |                                |    |                                |   |   |   |   |   |   |   |   |   |
| Net                  income per common share:         |   |                                |    |                                |   |   |   |   |   |   |   |   |   |
| Basic                                                 |   | $                                   | 2.41    |                                | $      | 0.74 |   | $ | 4.87 |   | $ | 0.78 |   |
| Diluted                                               |   | $                                   | 2.41    |                                | $      | 0.74 |   | $ | 4.86 |   | $ | 0.78 |   |
|                                                  |   |                                |    |                                |   |   |   |   |   |   |   |   |   |
| Weighted                  average shares outstanding: |   |                                |    |                                |   |   |   |   |   |   |   |   |   |
| Basic                                                 |   |                                | 23,712  |                                |   | 23,519 |   |   | 23,664 |   |   | 23,508 |   |
| Diluted                                               |   |                                | 23,744  |                                |   | 23,578 |   |   | 23,727 |   |   | 23,583 |   |
|                                                  |   |                                |    |                                |   |   |   |   |   |   |   |   |   |

**SUMMARY      BALANCE SHEET**

|                                                         |   |                          |    |                         |   |
|--------------------------------------------------------------|--------|-------------------------------|---------|------------------------------|--------|
|                                                         |   | **March                  1,** |    | **June                  2,** |   |
|                                                              |   | **2008**                      |    | **2007**                     |   |
| ASSETS                                                       |   |                          |    |                         |   |
| Cash                  and short-term investments             |   | $                             | 85,798  |                         | $      | 54,532 |   |
| Receivables                                                  |   |                          | 63,977  |                         |   | 38,180 |   |
| Inventories                                                  |   |                          | 74,703  |                         |   | 62,208 |   |
| Other                                                        |   |                          | 1,068   |                         |   | 1,390 |   |
| Current                  assets                              |   |                          | 225,546 |                         |   | 156,310 |   |
| Property,                  plant and equipment (net)         |   |                          | 204,604 |                         |   | 193,590 |   |
| Other                  assets                                |   |                          | 70,798  |                         |   | 14,668 |   |
| Total                  assets                                |   | $                             | 500,948 |                         | $      | 364,568 |   |
|                                                         |   |                          |    |                         |   |   |   |
| LIABILITIES                  AND SHAREHOLDERS' EQUITY        |   |                          |    |                         |   |   |   |
| Accounts                  payable and accrued expenses       |   | $                             | 93,547  |                         | $      | 45,051 |   |
| Other                  current liabilities                   |   |                          | 10,758  |                         |   | 5,435 |   |
| Current                  maturities of long-term debt        |   |                          | 11,717  |                         |   | 13,442 |   |
| Deferred                  income taxes                       |   |                          | 11,745  |                         |   | 11,830 |   |
| Current                  liabilities                         |   |                          | 127,767 |                         |   | 75,758 |   |
| Deferred                  income taxes and other liabilities |   |                          | 33,402  |                         |   | 33,661 |   |
| Long-term                  debt, less current maturities     |   |                          | 90,220  |                         |   | 99,410 |   |
| Shareholders'                  equity                        |   |                          | 249,559 |                         |   | 155,739 |   |
| Total                  liabilities and shareholders' equity  |   | $                             | 500,948 |                         | $      | 364,568 |   |
|                                                         |   |                          |    |                         |   |   |   |

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