Exhibit 99
                                    Agrilink
                              Financial Highlights
                              --------------------
                 Unaudited Six Months Year-to-Date December 2001
                              (Dollars in Millions)


                                                          Variance
                                                 -------------------------
                                                 6 Mos.           6 Mos.
                                                   vs.              vs.
                                Actual            Plan          Prior Year
                                ------           --------       ----------
Equivalent Units
   Brand                         20.7              (2.1)           (1.9)
   Non-Brand                     26.0              (2.8)           (8.0)
                               -------           -------         ------
Total                            46.7              (4.9)           (9.9)

Net Sales                      $543.8            $(60.1)         $(46.9)

Gross Margin                    116.5             (11.8)            5.1
Gross Margin %                   21.4%              0.2%            2.6%

Earnings Before Split            18.1               5.8             5.5

EBITDA                           69.8              (1.8)           (2.5)


Based on results for the first six months, management believes the fiscal 2002
plan EBITDA will be achieved.


<PAGE>
<TABLE>


                                                     Agrilink
                                              Gross Margin Percentage
                                              -----------------------
                                       Unaudited Year-to-Date December 2001


            July   August  September  October  November  December  January  February   March    April    May    June
            ----   ------  ---------  -------  --------  --------  -------  --------   -----    -----   -----   ----

<S>         <C>    <C>      <C>        <C>       <C>       <C>      <C>       <C>       <C>     <C>     <C>     <C>
Actual      17.2%  17.4%    20.3%      23.9%     24.8%     23.1%
Prior Year  20.4%  18.5%    17.4%      18.4%     18.9%     19.9%    17.5%     19.9%     22.5%   17.4%   16.5%   16.6%
</TABLE>



<PAGE>


                                    Agrilink
                       Consolidated Earnings Before Split
                       ----------------------------------
                Unaudited Year-to-Date Six Months Ending December
                              (Dollars in Millions)



                                2002       2002         2001
                               Actual      Plan        Actual
                              --------   --------     --------

Business Unit EBITDA          $ 69.8      $ 71.6       $ 72.3
   Interest                    (35.7)      (39.1)       (39.5)
   Depreciation                (15.4)      (15.3)       (15.2)
   Amortization                 (0.6)       (4.9)        (5.0)
                              ------      ------       ------
Earnings Before Split         $ 18.1      $ 12.3       $ 12.6
                              ======      ======       ======



                                    Agrilink
                                 EBITDA Variance
                                 ---------------
             Unaudited Year-to-Date Six Months Ending December 2001
                              (Dollars in Millions)


                                          YTD December     YTD December
                                            vs. Plan      vs. Prior Year
                                          ------------    --------------

Actual EBITDA                               $ 69.8          $ 69.8
2002 Plan EBITDA/2001 Actual EBITDA           71.6            72.3
                                            ------          ------
Variance                                      (1.8)           (2.5)

Major Variances
     Volume/Mix/Pricing/Other               $ (8.0)         $ 16.9
     Production Costs                          1.2            (4.6)
     Freight & Warehousing                    (1.8)           (6.2)
     Marketing                                 1.2            (7.0)
     Fixed Expenses                            1.1             1.5
     Gain from Pension Curtailment             2.5             2.5
     Severance                                (0.8)           (2.7)
     All Other                                 2.8            (2.9)
                                            ------          ------
Variance                                    $ (1.8)         $ (2.5)
                                            ======          ======


<PAGE>


                                    Agrilink
                           Consolidated Balance Sheet
                           --------------------------
                      (Excluding AgriFrozen in Prior Year)
                               Unaudited December
                              (Dollars in Millions)


                                       2002             2002           2001
                                      Actual            Plan          Actual
                                     ---------       ---------     ----------
Assets
   Cash                              $     5.9       $     7.8     $     5.8
   Accounts Receivable                    99.6           127.7         134.6
   Inventories                           388.7           384.8         360.5
   Other Current                          25.9            31.4          37.8
                                     ---------       ---------     ---------
     Total Current                       520.1           551.7         538.7
   Fixed Assets                          297.3           304.4         309.5
   Intangibles                           248.2           243.9         253.7
   Other Non-Current                      44.0            41.8          50.5
                                     ---------       ---------     ---------
     Total Assets                    $ 1,109.6       $ 1,141.8     $ 1,152.4
                                     =========       =========     =========

Liabilities
   Short-Term Debt                   $   114.8       $   108.0     $   103.7
   Current Portion LTD                    15.6            15.6          16.6
   Other Current                         135.7           173.5         162.8
                                     ---------       ---------     ---------
     Total Current                       266.1           297.1         283.1
   Long-Term Debt                        629.4           629.4         637.3
   Other Non-Current                      55.4            60.6          67.3
                                     ---------       ---------     ---------
     Total Liabilities                   950.9           987.1         987.7
   Pro-Fac Equity                        158.7           154.7         164.7
                                     ---------       ---------     ---------
     Total Liabilities and Equity    $ 1,109.6       $ 1,141.8     $ 1,152.4
                                     =========       =========     =========


                                    Agrilink
                                   Key Ratios
                                   ----------
                      Unaudited Year-to-Date December 2001


                                                 Bank Covenant      Actual
                                                 -------------      ------
Key Financial Ratios
LTM EBITDA (adjusted for non-cash severance)      $110.0 Min.       $121.2
Leverage Ratio (Debt/EBITDA)                        5.90 Max.         5.33
Interest Coverage Ratio (EBITDA/Interest)           1.55 Min          1.80
Fixed Charge Coverage Ratio                         1.00 Min          1.18