Document:

EXHIBIT 4.5

                                                                 Execution Copy

                          H. J. Heinz Finance Company

                   6.00% Guaranteed Notes due March 15, 2012

                 unconditionally and irrevocably guaranteed by

                              H. J. Heinz Company
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                   Exchange and Registration Rights Agreement
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                                                              February 28, 2002

J.P. Morgan Securities Inc.,
   As representative of the several Purchasers
   named in Schedule I to the Purchase Agreement,
270 Park Avenue
New York, New York 10017

Ladies and Gentlemen:

         H. J. Heinz Finance Company, a Delaware corporation (the "Company"),
proposes to issue and sell to the several Purchasers (as defined herein) upon
the terms set forth in the Purchase Agreement (as defined herein) its 6.00%
Guaranteed Notes due March 15, 2012, which are unconditionally and irrevocably
guaranteed by H. J. Heinz Company (the "Guarantor"). As an inducement to the
several Purchasers to enter into the Purchase Agreement and in satisfaction of
a condition to the obligations of the several Purchasers thereunder, each of
the Company and the Guarantor agrees with the several Purchasers for the
benefit of holders (as defined herein) from time to time of the Registrable
Securities (as defined herein) as follows:

     1. Certain Definitions. For purposes of this Exchange and Registration
Rights Agreement, the following terms shall have the following respective
meanings:

         "Base Interest" shall mean the interest that would otherwise accrue on
     the Securities under the terms thereof and the Indenture, without giving
     effect to the provisions of this Agreement.

         The term "broker-dealer" shall mean any broker or dealer registered
     with the Commission under the Exchange Act.

         "Closing Date" shall mean the date on which the Securities are
     initially issued.

         "Commission" shall mean the United States Securities and Exchange
     Commission, or any other federal agency at the time administering the
     Exchange Act or the Securities Act, whichever is the relevant statute for
     the particular purpose.

         "Effective Time," in the case of (i) an Exchange Registration, shall
     mean the time and date as of which the Commission declares the Exchange
     Registration Statement effective or as of which the Exchange Registration
     Statement otherwise becomes effective and (ii) a Shelf Registration, shall
     mean the time and date as of which the Commission declares the

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     Shelf Registration Statement effective or as of which the Shelf
     Registration Statement otherwise becomes effective.

         "Electing Holder" shall mean any holder of Registrable Securities that
     has returned a completed and signed Notice and Questionnaire to the
     Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

         "Exchange Act" shall mean the Securities Exchange Act of 1934, or any
     successor thereto, as the same shall be amended from time to time.

         "Exchange Offer" shall have the meaning assigned thereto in Section
     2(a) hereof.

         "Exchange Registration" shall have the meaning assigned thereto in
     Section 3(c) hereof.

         "Exchange Registration Statement" shall have the meaning assigned
     thereto in Section 2(a) hereof.

         "Exchange Securities" shall have the meaning assigned thereto in
     Section 2(a) hereof.

         "Guarantor" shall have the meaning assigned thereto in the Indenture.

         The term "holder" shall mean each of the several Purchasers and other
     persons who acquire Registrable Securities from time to time (including
     any successors or assigns), in each case for so long as such person owns
     any Registrable Securities.

         "Indenture" shall mean the Indenture, dated as of July 6, 2001,
     between the Company, the Guarantor, and Bank One, National Association, as
     Trustee, as the same shall be amended from time to time.

         "Notice and Questionnaire" means a Notice of Registration Statement
     and Selling Securityholder Questionnaire substantially in the form of
     Exhibit A hereto.

         The term "person" shall mean a corporation, association, partnership,
     organization, business, individual, government or political subdivision
     thereof or governmental agency.

         "Purchase  Agreement"  shall mean the  Purchase  Agreement,  dated as
     of February 28, 2002 between J.P. Morgan Securities Inc., as representative
     of the several Purchasers named in Schedule I thereto, the Company and the
     Guarantor relating to the Securities.

         "Purchasers" shall mean the several Purchasers named in Schedule I to
     the Purchase Agreement.

         "Registrable Securities" shall mean the Securities; provided, however,
     that a Security shall cease to be a Registrable Security when (i) in the
     circumstances contemplated by Section 2(a) hereof, the Security has been
     exchanged for an Exchange Security in an Exchange Offer as contemplated in
     Section 2(a) hereof (provided that any Exchange Security that, pursuant to
     the last two sentences of Section 2(a), is included in a prospectus for
     use in connection with resales by broker-dealers shall be deemed to be a
     Registrable Security with respect to Sections 5, 6 and 9 until resale of
     such Registrable Security has been effected within the 180-day period
     referred to in Section 2(a); (ii) in the circumstances contemplated by
     Section 2(b) hereof, a Shelf Registration Statement registering such
     Security under the Securities Act has been declared or becomes effective
     and such Security has been sold or otherwise transferred by the holder
     thereof pursuant to and in a manner contemplated by such effective Shelf
     Registration Statement; (iii) such Security is sold

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     pursuant to Rule 144 under circumstances in which any legend borne by such
     Security relating to restrictions on transferability thereof, under the
     Securities Act or otherwise, is removed by the Company or pursuant to the
     Indenture; (iv) such Security is eligible to be sold pursuant to paragraph
     (k) of Rule 144; or (v) such Security shall cease to be outstanding.

         "Registration Default" shall have the meaning assigned thereto in
     Section 2(c) hereof.

         "Registration Expenses" shall have the meaning assigned thereto in
     Section 4 hereof.

         "Resale Period" shall have the meaning assigned thereto in Section
     2(a) hereof.

         "Restricted Holder" shall mean (i) a holder that is an affiliate of
     the Company within the meaning of Rule 405, (ii) a holder who acquires
     Exchange Securities outside the ordinary course of such holder's business,
     (iii) a holder who has arrangements or understandings with any person to
     participate in the Exchange Offer for the purpose of distributing Exchange
     Securities and (iv) a holder that is a broker-dealer, but only with
     respect to Exchange Securities received by such broker-dealer pursuant to
     an Exchange Offer in exchange for Registrable Securities acquired by the
     broker-dealer directly from the Company.

         "Rule 144," "Rule 405" and "Rule 415" shall mean, in each case, such
     rule promulgated under the Securities Act (or any successor provision), as
     the same shall be amended from time to time.

         "Securities" shall mean, collectively, the 6.00% Guaranteed Notes due
     March 15, 2012 of the Company, unconditionally and irrevocably guaranteed
     as to the payment of principal and interest by the Guarantor, to be issued
     and sold to the several Purchasers, and securities issued in exchange
     therefor or in lieu thereof pursuant to the Indenture. Each Security is
     entitled to the benefit of the guarantee provided for in the Indenture
     (the "Guarantee") and, unless the context otherwise requires, any
     reference herein to a "Security," an "Exchange Security" or a "Registrable
     Security" shall include a reference to the related Guarantee.

         "Securities Act" shall mean the Securities Act of 1933, or any
     successor thereto, as the same shall be amended from time to time.

         "Shelf Registration" shall have the meaning assigned thereto in
     Section 2(b) hereof.

         "Shelf Registration Statement" shall have the meaning assigned thereto
     in Section 2(b) hereof.

         "Special Interest" shall have the meaning assigned thereto in Section
     2(c) hereof.

         "Trust Indenture Act" shall mean the Trust Indenture Act of 1939, or
     any successor thereto, and the rules, regulations and forms promulgated
     thereunder, all as the same shall be amended from time to time.

         Unless the context otherwise requires, any reference herein to a
"Section" or "clause" refers to a Section or clause, as the case may be, of
this Exchange and Registration Rights Agreement, and the words "herein,"
"hereof" and "hereunder" and other words of similar import refer to this
Exchange and Registration Rights Agreement as a whole and not to any particular
Section or other subdivision.

     2. Registration Under the Securities Act.

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          (a) Except as set forth in Section 2(b) below, the Company agrees to
     file under the Securities Act, no later than 120 days after the Closing
     Date, a registration statement relating to an offer to exchange (such
     registration statement, the "Exchange Registration Statement", and such
     offer, the "Exchange Offer") any and all of the Securities for a like
     aggregate principal amount of debt securities issued by the Company and
     guaranteed by the Guarantor, which debt securities and guarantee are
     substantially identical to the Securities and the related Guarantee,
     respectively (and are entitled to the benefits of a trust indenture which
     is substantially identical to the Indenture or is the Indenture and which
     has been qualified under the Trust Indenture Act), except that they have
     been registered pursuant to an effective registration statement under the
     Securities Act and do not contain provisions for the additional interest
     contemplated in Section 2(c) below (such new debt securities hereinafter
     called "Exchange Securities"). The Company and the Guarantor each agrees
     to use its reasonable best efforts to cause the Exchange Registration
     Statement to become effective under the Securities Act as soon as
     practicable, but no later than 180 days after the Closing Date. The
     Exchange Offer will be registered under the Securities Act on the
     appropriate form and will comply with all applicable tender offer rules
     and regulations under the Exchange Act. The Company further agrees to use
     its reasonable best efforts to commence and complete the Exchange Offer
     promptly, but no later than 45 days after such registration statement has
     become effective, hold the Exchange Offer open for at least 30 days and
     exchange Exchange Securities for all Registrable Securities that have been
     properly tendered and not withdrawn on or prior to the expiration of the
     Exchange Offer. The Exchange Offer will be deemed to have been "completed"
     only if the debt securities and related guarantee received by holders
     other than Restricted Holders in the Exchange Offer for Registrable
     Securities are, upon receipt, transferable by each such holder without
     restriction under the Securities Act and the Exchange Act and without
     material restrictions under the blue sky or securities laws of a
     substantial majority of the States of the United States of America. The
     Exchange Offer shall be deemed to have been completed upon the earlier to
     occur of (i) the Company having exchanged the Exchange Securities for all
     outstanding Registrable Securities pursuant to the Exchange Offer and (ii)
     the Company having exchanged, pursuant to the Exchange Offer, Exchange
     Securities for all Registrable Securities that have been properly tendered
     and not withdrawn before the expiration of the Exchange Offer, which shall
     be on a date that is at least 30 days following the commencement of the
     Exchange Offer. The Company agrees (x) to include in the Exchange
     Registration Statement a prospectus for use in any resales by any holder
     of Exchange Securities that is a broker-dealer and (y) to keep such
     Exchange Registration Statement effective for a period (the "Resale
     Period") beginning when Exchange Securities are first issued in the
     Exchange Offer and ending upon the earlier of the expiration of the 180th
     day after the Exchange Offer has been completed or such time as such
     broker-dealers no longer own any Registrable Securities. With respect to
     such Exchange Registration Statement, such holders shall have the benefit
     of the rights of indemnification and contribution set forth in Sections
     6(a), (c), (d) and (e) hereof.

          (b) If (i) on or prior to the time the Exchange Offer is completed
     existing Commission interpretations are changed such that the Exchange
     Securities received by holders other than Restricted Holders in the
     Exchange Offer for Registrable Securities are not or would not be, upon
     receipt, transferable by each such holder without restriction under the
     Securities Act, (ii) the Exchange Offer has not been completed within 225
     days following the Closing Date or (iii) the Exchange Offer is not
     available to any holder of the Securities, the Company shall, in lieu of
     (or, in the case of clause (iii), in addition to) conducting the Exchange
     Offer contemplated by Section 2(a), file under the Securities Act as soon
     as practicable, but no later than the later of 30 days after the time such
     obligation to file arises, a "shelf" registration statement providing for
     the registration of, and the sale on a continuous or

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delayed basis by the holders of, all of the Registrable Securities, pursuant to
Rule 415 or any similar rule that may be adopted by the Commission (such
filing, the "Shelf Registration" and such registration statement, the "Shelf
Registration Statement"). The Company agrees to use its reasonable best efforts
(x) to cause the Shelf Registration Statement to become or be declared
effective no later than 60 days after such Shelf Registration Statement is
filed and to keep such Shelf Registration Statement continuously effective for
a period ending on the earlier of the second anniversary of the Effective Time
or such time as there are no longer any Registrable Securities outstanding,
provided, however, that no holder shall be entitled to be named as a selling
securityholder in the Shelf Registration Statement or to use the prospectus
forming a part thereof for resales of Registrable Securities unless such holder
is an Electing Holder, and (y) after the Effective Time of the Shelf
Registration Statement, promptly upon the request of any holder of Registrable
Securities that is not then an Electing Holder, to take any action reasonably
necessary to enable such holder to use the prospectus forming a part thereof
for resales of Registrable Securities, including, without limitation, any
action necessary to identify such holder as a selling securityholder in the
Shelf Registration Statement, provided, however, that nothing in this Clause
(y) shall relieve any such holder of the obligation to return a completed and
signed Notice and Questionnaire to the Company in accordance with Section
3(d)(iii) hereof. The Company further agrees to supplement or make amendments
to the Shelf Registration Statement, as and when required by the rules,
regulations or instructions applicable to the registration form used by the
Company for such Shelf Registration Statement or by the Securities Act or rules
and regulations thereunder for shelf registration, and the Company agrees to
furnish to each Electing Holder copies of any such supplement or amendment
prior to its being used or promptly following its filing with the Commission.

          (c) In the event that (i) the Company has not filed the Exchange
     Registration Statement or Shelf Registration Statement on or before the
     date on which such registration statement is required to be filed pursuant
     to Section 2(a) or 2(b), respectively, or (ii) such Exchange Registration
     Statement or Shelf Registration Statement has not become effective or been
     declared effective by the Commission on or before the date on which such
     registration statement is required to become or be declared effective
     pursuant to Section 2(a) or 2(b), respectively, or (iii) the Exchange
     Offer has not been completed within 45 days after the initial effective
     date of the Exchange Registration Statement relating to the Exchange Offer
     (if the Exchange Offer is then required to be made) or (iv) any Exchange
     Registration Statement or Shelf Registration Statement required by Section
     2(a) or 2(b) hereof is filed and declared effective but shall thereafter
     either be withdrawn by the Company or shall become subject to an effective
     stop order issued pursuant to Section 8(d) of the Securities Act
     suspending the effectiveness of such registration statement (except as
     specifically permitted herein) without being succeeded immediately by an
     additional registration statement filed and declared effective (each such
     event referred to in clauses (i) through (iv), a "Registration Default"
     and each period during which a Registration Default has occurred and is
     continuing, a "Registration Default Period"), then, as liquidated damages
     for such Registration Default, subject to the provisions of Section 9(b),
     special interest ("Special Interest"), in addition to the Base Interest,
     shall accrue at a per annum rate of 0.25% for the first 90 days of the
     Registration Default Period, at a per annum rate of 0.50% thereafter for
     the remaining portion of the Default Period. Special Interest will cease
     to accrue at such time when there are no longer any Registrable
     Securities.

          (d) Each of the Company and the Guarantor shall take all actions
     necessary or advisable to be taken by it to ensure that the transactions
     contemplated herein are effected as so contemplated, including all actions
     necessary or desirable to register the Guarantee under the registration
     statement contemplated in Section 2(a) or 2(b) hereof, as applicable.

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          (e) Any reference herein to a registration statement as of any time
shall be deemed to include any document incorporated, or deemed to be
incorporated, therein by reference as of such time and any reference herein to
any post-effective amendment to a registration statement as of any time shall
be deemed to include any document incorporated, or deemed to be incorporated,
therein by reference as of such time.

     3. Registration Procedures.

         If the Company files a registration statement pursuant to Section 2(a)
or Section 2(b), the following provisions shall apply:

          (a) At or before the Effective Time of the Exchange Offer or the
     Shelf Registration, as the case may be, the Company shall qualify the
     Indenture under the Trust Indenture Act of 1939.

          (b) In the event that such qualification would require the
     appointment of a new trustee under the Indenture, the Company shall
     appoint a new trustee thereunder pursuant to the applicable provisions of
     the Indenture.

          (c) In connection with the Company's obligations with respect to the
     registration of Exchange Securities as contemplated by Section 2(a) (the
     "Exchange Registration"), if applicable, the Company shall:

               (i) prepare and file with the Commission, no later than 120 days
          after the Closing Date, an Exchange Registration Statement on any
          form which may be utilized by the Company and which shall permit the
          Exchange Offer and resales of Exchange Securities by broker-dealers
          during the Resale Period to be effected as contemplated by Section
          2(a), and use its reasonable best efforts to cause such Exchange
          Registration Statement to become effective as soon as practicable
          thereafter, but no later than 180 days after the Closing Date;

               (ii) as soon as practicable prepare and file with the Commission
          such amendments and supplements to such Exchange Registration
          Statement and the prospectus included therein as may be necessary to
          effect and maintain the effectiveness of such Exchange Registration
          Statement for the periods and purposes contemplated in Section 2(a)
          hereof and as may be required by the applicable rules and regulations
          of the Commission and the instructions applicable to the form of such
          Exchange Registration Statement, and promptly provide each
          broker-dealer holding Exchange Securities with such number of copies
          of the prospectus included therein (as then amended or supplemented),
          in conformity in all material respects with the requirements of the
          Securities Act and the Trust Indenture Act and the rules and
          regulations of the Commission thereunder, as such broker-dealer
          reasonably may request prior to the expiration of the Resale Period,
          for use in connection with resales of Exchange Securities;

               (iii) promptly notify each broker-dealer that has requested or
          received copies of the prospectus included in such registration
          statement (A) when such Exchange Registration Statement or the
          prospectus included therein or any prospectus amendment or supplement
          or post-effective amendment has been filed, and, with respect to such
          Exchange Registration Statement or any post-effective amendment, when
          the same has become effective, (B) of any comments by the Commission
          and by the blue sky or securities commissioner or regulator of any
          state with respect thereto or any request by the Commission for
          amendments or supplements to such

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          Exchange Registration Statement or prospectus or for additional
          information, (C) of the issuance by the Commission of any stop order
          suspending the effectiveness of such Exchange Registration Statement
          or the initiation or threatening of any proceedings for that purpose,
          (D) if at any time the representations and warranties of the Company
          contemplated by Section 5 cease to be true and correct in all
          material respects, (E) of the receipt by the Company of any
          notification with respect to the suspension of the qualification of
          the Exchange Securities for sale in any jurisdiction or the
          initiation or threatening of any proceeding for such purpose, or (F)
          at any time during the Resale Period when a prospectus is required to
          be delivered under the Securities Act, that such Exchange
          Registration Statement, prospectus, prospectus amendment or
          supplement or post-effective amendment does not conform in all
          material respects to the applicable requirements of the Securities
          Act and the Trust Indenture Act and the rules and regulations of the
          Commission thereunder or contains an untrue statement of a material
          fact or omits to state any material fact required to be stated
          therein or necessary to make the statements therein not misleading in
          light of the circumstances then existing;

               (iv) in the event that the Company would be required, pursuant
          to Section 3(c)(iii)(F) above, to notify any broker-dealers holding
          Exchange Securities, without delay prepare and furnish to each such
          holder a reasonable number of copies of a prospectus supplemented or
          amended so that, as thereafter delivered to purchasers of such
          Exchange Securities during the Resale Period, such prospectus shall
          conform in all material respects to the applicable requirements of
          the Securities Act and the Trust Indenture Act and the rules and
          regulations of the Commission thereunder and shall not contain an
          untrue statement of a material fact or omit to state a material fact
          required to be stated therein or necessary to make the statements
          therein not misleading in light of the circumstances then existing;

               (v) use its reasonable best efforts to obtain the withdrawal of
          any order suspending the effectiveness of such Exchange Registration
          Statement or any post-effective amendment thereto at the earliest
          practicable date;

               (vi) use its reasonable best efforts to (A) register or qualify
          the Exchange Securities under the securities laws or blue sky laws of
          such jurisdictions as are contemplated by Section 2(a) no later than
          the commencement of the Exchange Offer, (B) keep such registrations
          or qualifications in effect and comply with such laws so as to permit
          the continuance of offers, sales and dealings therein in such
          jurisdictions until the expiration of the Resale Period and (C) take
          any and all other actions as may be reasonably necessary or advisable
          to enable each broker-dealer holding Exchange Securities to
          consummate the disposition thereof in such jurisdictions; provided,
          however, that neither the Company nor the Guarantor shall be required
          for any such purpose to (1) qualify as a foreign corporation in any
          jurisdiction wherein it would not otherwise be required to qualify
          but for the requirements of this Section 3(c)(vi), (2) consent to
          general service of process in any such jurisdiction or (3) make any
          changes to its certificate of incorporation or by-laws or any
          agreement between it and its stockholders;

               (vii) use its reasonable best efforts to obtain the consent or
          approval of each governmental agency or authority, whether federal,
          state or local, which may be required to effect the Exchange
          Registration, the Exchange Offer and the offering and sale of
          Exchange Securities by broker-dealers during the Resale Period;

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               (viii) provide a CUSIP number for all Exchange Securities, not
          later than the applicable Effective Time;

               (ix) comply with all applicable rules and regulations of the
          Commission, and make generally available to its securityholders as
          soon as practicable but no later than eighteen months after the
          effective date of such Exchange Registration Statement, an earning
          statement of the Company and its subsidiaries complying with Section
          11(a) of the Securities Act (including, at the option of the Company,
          Rule 158 thereunder).

          (d) In connection with the Company's obligations with respect to the
     Shelf Registration, if applicable, the Company shall:

               (i) prepare and file with the Commission, within the time
          periods specified in Section 2(b), a Shelf Registration Statement on
          any form which may be utilized by the Company and which shall
          register all of the Registrable Securities for resale by the holders
          thereof in accordance with such method or methods of disposition as
          may be specified by such of the holders as, from time to time, may be
          Electing Holders and use its reasonable best efforts to cause such
          Shelf Registration Statement to become effective as soon as
          practicable but in any case within the time periods specified in
          Section 2(b);

               (ii) not less than 30 calendar days prior to the Effective Time
          of the Shelf Registration Statement, mail or cause to be mailed the
          Notice and Questionnaire to the holders of Registrable Securities; no
          holder shall be entitled to be named as a selling securityholder in
          the Shelf Registration Statement as of the Effective Time, and no
          holder shall be entitled to use the prospectus forming a part thereof
          for resales of Registrable Securities at any time, unless such holder
          has returned a completed and signed Notice and Questionnaire to the
          Company by the deadline for response set forth therein; provided,
          however, that holders of Registrable Securities shall have at least
          28 calendar days from the date on which the Notice and Questionnaire
          is first mailed to such holders to return a completed and signed
          Notice and Questionnaire to the Company;

               (iii) after the Effective Time of the Shelf Registration
          Statement, upon the request of any holder of Registrable Securities
          that is not then an Electing Holder, promptly send a Notice and
          Questionnaire to such holder; provided that the Company shall not be
          required to take any action to name such holder as a selling
          securityholder in the Shelf Registration Statement or to enable such
          holder to use the prospectus forming a part thereof for resales of
          Registrable Securities until such holder has returned a completed and
          signed Notice and Questionnaire to the Company;

               (iv) as soon as practicable prepare and file with the Commission
          such amendments and supplements to such Shelf Registration Statement
          and the prospectus included therein as may be necessary to effect and
          maintain the effectiveness of such Shelf Registration Statement for
          the period specified in Section 2(b) hereof and as may be required by
          the applicable rules and regulations of the Commission and the
          instructions applicable to the form of such Shelf Registration
          Statement, and furnish to the Electing Holders copies of any such
          supplement or amendment simultaneously with or prior to its being
          used or filed with the Commission;

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               (v) comply with the provisions of the Securities Act with
          respect to the disposition of all of the Registrable Securities
          covered by such Shelf Registration Statement in accordance with the
          intended methods of disposition by the Electing Holders provided for
          in such Shelf Registration Statement;

               (vi) provide (A) the Electing Holders, (B) the underwriters
          (which term, for purposes of this Exchange and Registration Rights
          Agreement, shall include a person deemed to be an underwriter within
          the meaning of Section 2(a)(11) of the Securities Act), if any,
          thereof, (C) any sales or placement agent therefor, (D) counsel for
          any such underwriter or agent and (E) not more than one counsel for
          all the Electing Holders the opportunity to participate in the
          preparation of such Shelf Registration Statement, each prospectus
          included therein or filed with the Commission and each amendment or
          supplement thereto;

               (vii) for a reasonable period prior to the filing of such Shelf
          Registration Statement, and throughout the period specified in
          Section 2(b), make available at reasonable times at the Company's
          principal place of business or such other reasonable place for
          inspection by the persons referred to in Section 3(d)(vi) who shall
          certify to the Company that they have a current intention to sell the
          Registrable Securities pursuant to the Shelf Registration such
          financial and other information and books and records of the Company,
          and cause the officers, employees, counsel and independent certified
          public accountants of the Company to respond to such inquiries, as
          shall be reasonably necessary, in the judgment of the respective
          counsel referred to in such Section, to conduct a reasonable
          investigation within the meaning of Section 11 of the Securities Act;
          provided, however, that each such party shall be required to maintain
          in confidence and not to disclose to any other person any information
          or records reasonably designated by the Company as being
          confidential, until such time as (A) such information becomes a
          matter of public record (whether by virtue of its inclusion in such
          registration statement or otherwise), or (B) such person shall be
          required so to disclose such information pursuant to a subpoena or
          order of any court or other governmental agency or body having
          jurisdiction over the matter (subject to the requirements of such
          order, and only after such person shall have given the Company prompt
          prior written notice of such requirement), or (C) such information is
          required to be set forth in such Shelf Registration Statement or the
          prospectus included therein or in an amendment to such Shelf
          Registration Statement or an amendment or supplement to such
          prospectus in order that such Shelf Registration Statement,
          prospectus, amendment or supplement, as the case may be, complies
          with applicable requirements of the federal securities laws and the
          rules and regulations of the Commission and does not contain an
          untrue statement of a material fact or omit to state therein a
          material fact required to be stated therein or necessary to make the
          statements therein not misleading in light of the circumstances then
          existing;

               (viii) promptly notify each of the Electing Holders, any sales
          or placement agent therefor and any underwriter thereof (which
          notification may be made through any managing underwriter that is a
          representative of such underwriter for such purpose) (A) when such
          Shelf Registration Statement or the prospectus included therein or
          any prospectus amendment or supplement or post-effective amendment
          has been filed, and, with respect to such Shelf Registration
          Statement or any post-effective amendment, when the same has become
          effective, (B) of any comments by the Commission and by the blue sky
          or securities commissioner or regulator of any state with respect
          thereto or any request by the Commission for amendments or

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          supplements to such Shelf Registration Statement or prospectus or for
          additional information, (C) of the issuance by the Commission of any
          stop order suspending the effectiveness of such Shelf Registration
          Statement or the initiation or threatening of any proceedings for
          that purpose, (D) if at any time the representations and warranties
          of the Company contemplated by Section 3(d)(xvii) or Section 5 cease
          to be true and correct in all material respects, (E) of the receipt
          by the Company of any notification with respect to the suspension of
          the qualification of the Registrable Securities for sale in any
          jurisdiction or the initiation or threatening of any proceeding for
          such purpose, or (F) if at any time when a prospectus is required to
          be delivered under the Securities Act, that such Shelf Registration
          Statement, prospectus, prospectus amendment or supplement or
          post-effective amendment does not conform in all material respects to
          the applicable requirements of the Securities Act and the Trust
          Indenture Act and the rules and regulations of the Commission
          thereunder or contains an untrue statement of a material fact or
          omits to state any material fact required to be stated therein or
          necessary to make the statements therein not misleading in light of
          the circumstances then existing;

               (ix) use its reasonable best efforts to obtain the withdrawal of
          any order suspending the effectiveness of such registration statement
          or any post-effective amendment thereto at the earliest practicable
          date;

               (x) if requested by any managing underwriter or underwriters,
          any placement or sales agent or any Electing Holder, promptly
          incorporate in a prospectus supplement or post-effective amendment
          such information as is required by the applicable rules and
          regulations of the Commission and as such managing underwriter or
          underwriters, such agent or such Electing Holder specifies should be
          included therein relating to the terms of the sale of such
          Registrable Securities, including information with respect to the
          principal amount of Registrable Securities being sold by such
          Electing Holder or agent or to any underwriters, the name and
          description of such Electing Holder, agent or underwriter, the
          offering price of such Registrable Securities and any discount,
          commission or other compensation payable in respect thereof, the
          purchase price being paid therefor by such underwriters and with
          respect to any other terms of the offering of the Registrable
          Securities to be sold by such Electing Holder or agent or to such
          underwriters; and make all required filings of such prospectus
          supplement or post-effective amendment promptly after notification of
          the matters to be incorporated in such prospectus supplement or
          post-effective amendment;

               (xi) furnish to each Electing Holder, each placement or sales
          agent, if any, therefor, each underwriter, if any, thereof and the
          respective counsel referred to in Section 3(d)(vi) an executed copy
          (or, in the case of an Electing Holder, a conformed copy) of such
          Shelf Registration Statement, each such amendment and supplement
          thereto (in each case including all exhibits thereto (in the case of
          an Electing Holder of Registrable Securities, upon request) and
          documents incorporated by reference therein) and such number of
          copies of such Shelf Registration Statement (excluding exhibits
          thereto and documents incorporated by reference therein unless
          specifically so requested by such Electing Holder, agent or
          underwriter, as the case may be) and of the prospectus included in
          such Shelf Registration Statement (including each preliminary
          prospectus and any summary prospectus), in conformity in all material
          respects with the applicable requirements of the Securities Act and
          the Trust Indenture Act and the rules and regulations of the
          Commission thereunder, and such other documents, as such Electing
          Holder, agent, if any, and underwriter, if any, may

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          reasonably request in order to facilitate the offering and
          disposition of the Registrable Securities owned by such Electing
          Holder, offered or sold by such agent or underwritten by such
          underwriter and to permit such Electing Holder, agent and underwriter
          to satisfy the prospectus delivery requirements of the Securities
          Act; and the Company hereby consents to the use of such prospectus
          (including such preliminary and summary prospectus) and any amendment
          or supplement thereto by each such Electing Holder and by any such
          agent and underwriter, in each case in the form most recently
          provided to such person by the Company, in connection with the
          offering and sale of the Registrable Securities covered by the
          prospectus (including such preliminary and summary prospectus) or any
          supplement or amendment thereto;

               (xii) use reasonable best efforts to (A) register or qualify the
          Registrable Securities to be included in such Shelf Registration
          Statement under such securities laws or blue sky laws of such
          jurisdictions as any Electing Holder and each placement or sales
          agent, if any, therefor and underwriter, if any, thereof shall
          reasonably request, (B) keep such registrations or qualifications in
          effect and comply with such laws so as to permit the continuance of
          offers, sales and dealings therein in such jurisdictions during the
          period the Shelf Registration is required to remain effective under
          Section 2(b) above and for so long as may be necessary to enable any
          such Electing Holder, agent or underwriter to complete its
          distribution of Securities pursuant to such Shelf Registration
          Statement and (C) take any and all other actions as may be reasonably
          necessary or advisable to enable each such Electing Holder, agent, if
          any, and underwriter, if any, to consummate the disposition in such
          jurisdictions of such Registrable Securities; provided, however, that
          neither the Company nor the Guarantor shall be required for any such
          purpose to (1) qualify as a foreign corporation in any jurisdiction
          wherein it would not otherwise be required to qualify but for the
          requirements of this Section 3(d)(xii), (2) consent to general
          service of process in any such jurisdiction or (3) make any changes
          to its certificate of incorporation or by-laws or any agreement
          between it and its stockholders;

               (xiii) use its reasonable best efforts to obtain the consent or
          approval of each governmental agency or authority, whether federal,
          state or local, which may be required to effect the Shelf
          Registration or the offering or sale in connection therewith or to
          enable the selling holder or holders to offer, or to consummate the
          disposition of, their Registrable Securities;

               (xiv) Unless any Registrable Securities shall be in book-entry
          only form, cooperate with the Electing Holders and the managing
          underwriters, if any, to facilitate the timely preparation and
          delivery of certificates representing Registrable Securities to be
          sold, which certificates, if so required by any securities exchange
          upon which any Registrable Securities are listed, shall be penned,
          lithographed or engraved, or produced by any combination of such
          methods, on steel engraved borders, and which certificates shall not
          bear any restrictive legends; and, in the case of an underwritten
          offering, enable such Registrable Securities to be in such
          denominations and registered in such names as the managing
          underwriters may request at least two business days prior to any sale
          of the Registrable Securities;

               (xv) provide a CUSIP number for all Registrable Securities, not
          later than the applicable Effective Time;

               (xvi) enter into one or more underwriting agreements, engagement
          letters, agency agreements, "best efforts" underwriting agreements or
          similar agreements,

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          as appropriate, including customary provisions relating to
          indemnification and contribution, and take such other actions in
          connection therewith as any Electing Holders aggregating at least 25%
          in aggregate principal amount of the Registrable Securities at the
          time outstanding shall request in order to expedite or facilitate the
          disposition of such Registrable Securities;

               (xvii) whether or not an agreement of the type referred to in
          Section 3(d)(xvi) hereof is entered into and whether or not any
          portion of the offering contemplated by the Shelf Registration is an
          underwritten offering or is made through a placement or sales agent
          or any other entity, (A) make such representations and warranties to
          the Electing Holders and the placement or sales agent, if any,
          therefor and the underwriters, if any, thereof in form, substance and
          scope as are customarily made in connection with an offering of debt
          securities pursuant to any appropriate agreement or to a registration
          statement filed on the form applicable to the Shelf Registration; (B)
          obtain an opinion of counsel to the Company in customary form and
          covering such matters, of the type customarily covered by such an
          opinion, as the managing underwriters, if any, or as any Electing
          Holders of at least 25% in aggregate principal amount of the
          Registrable Securities at the time outstanding may reasonably
          request, addressed to such Electing Holder or Electing Holders and
          the placement or sales agent, if any, therefor and the underwriters,
          if any, thereof and dated the effective date of such Shelf
          Registration Statement (and if such Shelf Registration Statement
          contemplates an underwritten offering of a part or all of the
          Registrable Securities, dated the date of the closing under the
          underwriting agreement relating thereto) (it being agreed that the
          matters to be covered by such opinion shall include the due
          incorporation and good standing of the Company and its subsidiaries;
          the qualification of the Company and its subsidiaries to transact
          business as foreign corporations; the due authorization, execution
          and delivery of the relevant agreement of the type referred to in
          Section 3(d)(xvi) hereof; the due authorization, execution,
          authentication and issuance, and the validity and enforceability, of
          the Securities; the absence of material legal or governmental
          proceedings involving the Company; the absence of a breach by the
          Company or any of its subsidiaries of, or a default under, material
          agreements binding upon the Company or any subsidiary of the Company;
          the absence of governmental approvals required to be obtained in
          connection with the Shelf Registration, the offering and sale of the
          Registrable Securities, this Exchange and Registration Rights
          Agreement or any agreement of the type referred to in Section
          3(d)(xvi) hereof, except such approvals as may be required under
          state securities or blue sky laws; the material compliance as to form
          of such Shelf Registration Statement and any documents incorporated
          by reference therein and of the Indenture with the requirements of
          the Securities Act and the Trust Indenture Act and the rules and
          regulations of the Commission thereunder, respectively; and, as of
          the date of the opinion and of the Shelf Registration Statement or
          most recent post-effective amendment thereto, as the case may be, the
          absence from such Shelf Registration Statement and the prospectus
          included therein, as then amended or supplemented, and from the
          documents incorporated by reference therein (in each case other than
          the financial statements and other financial information contained
          therein) of an untrue statement of a material fact or the omission to
          state therein a material fact necessary to make the statements
          therein not misleading (in the case of such documents, in the light
          of the circumstances existing at the time that such documents were
          filed with the Commission under the Exchange Act)); (C) obtain a
          "cold comfort" letter or letters from the

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          independent certified public accountants of the Company addressed to
          the selling Electing Holders, the placement or sales agent, if any,
          therefor or the underwriters, if any, thereof, dated (i) the
          effective date of such Shelf Registration Statement and (ii) the
          effective date of any prospectus supplement to the prospectus
          included in such Shelf Registration Statement or post-effective
          amendment to such Shelf Registration Statement which includes
          unaudited or audited financial statements as of a date or for a
          period subsequent to that of the latest such statements included in
          such prospectus (and, if such Shelf Registration Statement
          contemplates an underwritten offering pursuant to any prospectus
          supplement to the prospectus included in such Shelf Registration
          Statement or post-effective amendment to such Shelf Registration
          Statement which includes unaudited or audited financial statements as
          of a date or for a period subsequent to that of the latest such
          statements included in such prospectus, dated the date of the closing
          under the underwriting agreement relating thereto), such letter or
          letters to be in customary form and covering such matters of the type
          customarily covered by letters of such type; (D) deliver such
          documents and certificates, including officers' certificates, as may
          be reasonably requested by any Electing Holders of at least 25% in
          aggregate principal amount of the Registrable Securities at the time
          outstanding or the placement or sales agent, if any, therefor and the
          managing underwriters, if any, thereof to evidence the accuracy of
          the representations and warranties made pursuant to clause (A) above
          or those contained in Section 5(a) hereof and the compliance with or
          satisfaction of any agreements or conditions contained in the
          underwriting agreement or other agreement entered into by the Company
          or the Guarantor; and (E) undertake such obligations relating to
          expense reimbursement, indemnification and contribution as are
          provided in Section 6 hereof;

               (xviii) notify in writing each holder of Registrable Securities
          of any proposal by the Company to amend or waive any provision of
          this Exchange and Registration Rights Agreement pursuant to Section
          9(h) hereof and of any amendment or waiver effected pursuant thereto,
          each of which notices shall contain the text of the amendment or
          waiver proposed or effected, as the case may be;

               (xix) in the event that any broker-dealer registered under the
          Exchange Act shall underwrite any Registrable Securities or
          participate as a member of an underwriting syndicate or selling group
          or "assist in the distribution" (within the meaning of the Conduct
          Rules (the "Conduct Rules) of the National Association of Securities
          Dealers, Inc. ("NASD") or any successor thereto, as amended from time
          to time) thereof, whether as a holder of such Registrable Securities
          or as an underwriter, a placement or sales agent or a broker or
          dealer in respect thereof, or otherwise, assist such broker-dealer in
          complying with the requirements of such Conduct Rules, including by
          (A) if such Conduct Rules shall so require, engaging a "qualified
          independent underwriter" (as defined in such Conduct Rules) to
          participate in the preparation of the Shelf Registration Statement
          relating to such Registrable Securities, to exercise usual standards
          of due diligence in respect thereto and, if any portion of the
          offering contemplated by such Shelf Registration Statement is an
          underwritten offering or is made through a placement or sales agent,
          to recommend the yield of such Registrable Securities, (B)
          indemnifying any such qualified independent underwriter to the extent
          of the indemnification of underwriters provided in Section 6 hereof
          (or to such other customary extent as may be requested by such
          underwriter), and (C) providing such information to such
          broker-dealer as may be

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          required in order for such broker-dealer to comply with the
          requirements of the Conduct Rules; and

               (xx) comply with all applicable rules and regulations of the
          Commission, and make generally available to its securityholders as
          soon as practicable but in any event not later than eighteen months
          after the effective date of such Shelf Registration Statement, an
          earning statement of the Company and its subsidiaries complying with
          Section 11(a) of the Securities Act (including, at the option of the
          Company, Rule 158 thereunder).

     (e)  In the event that the Company would be required, pursuant to Section
          3(d)(viii)(F) above, to notify the Electing Holders, the placement or
          sales agent, if any, therefor and the managing underwriters, if any,
          thereof, the Company shall without delay prepare and furnish to each
          of the Electing Holders, to each placement or sales agent, if any,
          and to each such underwriter, if any, a reasonable number of copies
          of a prospectus supplemented or amended so that, as thereafter
          delivered to purchasers of Registrable Securities, such prospectus
          shall conform in all material respects to the applicable requirements
          of the Securities Act and the Trust Indenture Act and the rules and
          regulations of the Commission thereunder and shall not contain an
          untrue statement of a material fact or omit to state a material fact
          required to be stated therein or necessary to make the statements
          therein not misleading in light of the circumstances then existing.
          Each Electing Holder agrees that upon receipt of any notice from the
          Company pursuant to Section 3(d)(viii)(F) hereof, such Electing
          Holder shall forthwith discontinue the disposition of Registrable
          Securities pursuant to the Shelf Registration Statement applicable to
          such Registrable Securities until such Electing Holder shall have
          received copies of such amended or supplemented prospectus, and if so
          directed by the Company, such Electing Holder shall deliver to the
          Company (at the Company's expense) all copies, other than permanent
          file copies, then in such Electing Holder's possession of the
          prospectus covering such Registrable Securities at the time of
          receipt of such notice.

     (f)  In the event of a Shelf Registration, in addition to the information
          required to be provided by each Electing Holder in its Notice
          Questionnaire, the Company may require such Electing Holder to
          furnish to the Company such additional information regarding such
          Electing Holder and such Electing Holder's intended method of
          distribution of Registrable Securities as may be required in order to
          comply with the Securities Act. Each such Electing Holder agrees to
          notify the Company as promptly as practicable of any inaccuracy or
          change in information previously furnished by such Electing Holder to
          the Company or of the occurrence of any event in either case as a
          result of which any prospectus relating to such Shelf Registration
          contains or would contain an untrue statement of a material fact
          regarding such Electing Holder or such Electing Holder's intended
          method of disposition of such Registrable Securities or omits to
          state any material fact regarding such Electing Holder or such
          Electing Holder's intended method of disposition of such Registrable
          Securities required to be stated therein or necessary to make the
          statements therein not misleading in light of the circumstances then
          existing, and promptly to furnish to the Company any additional
          information required to correct and update any previously furnished
          information or required so that such prospectus shall not contain,
          with respect to such Electing Holder or the disposition of such
          Registrable Securities, an untrue statement of a material fact or
          omit to state a material fact required to be stated therein or
          necessary to make the statements therein not misleading in light of
          the circumstances then existing.

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     (g)  Until the expiration of two years after the Closing Date, the Company
          will not, and will not permit any of its "affiliates" (as defined in
          Rule 144) to, resell any of the Securities that have been reacquired
          by any of them except pursuant to an effective registration statement
          under the Securities Act.

     4. Registration Expenses.

     The Company agrees to bear and to pay or cause to be paid promptly all
expenses incident to the Company's performance of or compliance with this
Exchange and Registration Rights Agreement, including (a) all Commission and
any NASD registration, filing and review fees and expenses including fees and
disbursements of counsel for the placement or sales agent or underwriters in
connection with such registration, filing and review, (b) all fees and expenses
in connection with the qualification of the Securities for offering and sale
under the State securities and blue sky laws referred to in Section 3(d)(xii)
hereof and determination of their eligibility for investment under the laws of
such jurisdictions as any managing underwriters or the Electing Holders may
designate, including any fees and disbursements of counsel for the Electing
Holders or underwriters in connection with such qualification and
determination, (c) all expenses relating to the preparation, printing,
production, distribution and reproduction of each registration statement
required to be filed hereunder, each prospectus included therein or prepared
for distribution pursuant hereto, each amendment or supplement to the
foregoing, the expenses of preparing the Securities for delivery and the
expenses of printing or producing any underwriting agreements, agreements among
underwriters, selling agreements and blue sky or legal investment memoranda and
all other documents in connection with the offering, sale or delivery of
Securities to be disposed of (including certificates representing the
Securities), (d) messenger, telephone and delivery expenses relating to the
offering, sale or delivery of Securities and the preparation of documents
referred in clause (c) above, (e) fees and expenses of the Trustee under the
Indenture, any agent of the Trustee and any counsel for the Trustee and of any
collateral agent or custodian, (f) internal expenses (including all salaries
and expenses of the Company's officers and employees performing legal or
accounting duties), (g) fees, disbursements and expenses of counsel and
independent certified public accountants of the Company (including the expenses
of any opinions or "cold comfort" letters required by or incident to such
performance and compliance), (h) fees, disbursements and expenses of any
"qualified independent underwriter" engaged pursuant to Section 3(d)(xix)
hereof, (i) fees, disbursements and expenses of one counsel for the Electing
Holders retained in connection with a Shelf Registration, as selected by the
Electing Holders of at least a majority in aggregate principal amount of the
Registrable Securities held by Electing Holders (which counsel shall be
reasonably satisfactory to the Company), (j) any fees charged by securities
rating services for rating the Securities, and (k) fees, expenses and
disbursements of any other persons, including special experts, retained by the
Company in connection with such registration (collectively, the "Registration
Expenses"). To the extent that any Registration Expenses are incurred, assumed
or paid by any holder of Registrable Securities or any placement or sales agent
therefor or underwriter thereof, the Company shall reimburse such person for
the full amount of the Registration Expenses so incurred, assumed or paid
promptly after receipt of a request therefor. Notwithstanding the foregoing,
the holders of the Registrable Securities being registered shall pay all agency
fees and commissions and underwriting discounts and commissions attributable to
the sale of such Registrable Securities and the fees and disbursements of any
counsel or other advisors or experts retained by such holders (severally or
jointly), other than the counsel and experts specifically referred to above.

     5. Representations and Warranties.

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     Each of the Company and the Guarantor represents and warrants to, and
agrees with, each Purchaser that:

     (a)  The compliance by the Company with all of the provisions of this
          Exchange and Registration Rights Agreement and the consummation of
          the transactions herein contemplated will not conflict with or result
          in a breach of any of the terms or provisions of, or constitute a
          default under, any indenture, mortgage, deed of trust, loan agreement
          or other agreement or instrument to which the Company or any
          subsidiary of the Company is a party or by which the Company or any
          subsidiary of the Company is bound or to which any of the property or
          assets of the Company or any subsidiary of the Company is subject,
          nor will such action result in any violation of the provisions of the
          certificate of incorporation, as amended, or the by-laws of the
          Company or the Guarantor or any statute or any order, rule or
          regulation of any court or governmental agency or body having
          jurisdiction over the Company or any subsidiary of the Company or any
          of their properties; and no consent, approval, authorization, order,
          registration or qualification of or with any such court or
          governmental agency or body is required for the consummation by the
          Company and the Guarantor of the transactions contemplated by this
          Exchange and Registration Rights Agreement, except the registration
          under the Securities Act of the Securities, qualification of the
          Indenture under the Trust Indenture Act and such consents, approvals,
          authorizations, registrations or qualifications as may be required
          under State securities or blue sky laws in connection with the
          offering and distribution of the Securities.

     (b)  This Exchange and Registration Rights Agreement has been duly
          authorized, executed and delivered by the Company.

     6. Indemnification.

     (a)  Indemnification by the Company and the Guarantor. The Company and the
          Guarantor, jointly and severally, will indemnify and hold harmless
          each of the holders of Registrable Securities included in an Exchange
          Registration Statement, each of the Electing Holders of Registrable
          Securities included in a Shelf Registration Statement and each person
          who participates as a placement or sales agent or as an underwriter
          in any offering or sale of such Registrable Securities against any
          losses, claims, damages or liabilities, joint or several, to which
          such holder, agent or underwriter may become subject under the
          Securities Act or otherwise, insofar as such losses, claims, damages
          or liabilities (or actions in respect thereof) arise out of or are
          based upon an untrue statement or alleged untrue statement of a
          material fact contained in any Exchange Registration Statement or
          Shelf Registration Statement, as the case may be, under which such
          Registrable Securities were registered under the Securities Act, or
          any preliminary, final or summary prospectus contained therein or
          furnished by the Company to any such holder, Electing Holder, agent
          or underwriter, or any amendment or supplement thereto, or arise out
          of or are based upon the omission or alleged omission to state
          therein a material fact required to be stated therein or necessary to
          make the statements therein not misleading, and will reimburse such
          holder, such Electing Holder, such agent and such underwriter for any
          legal or other expenses reasonably incurred by them in connection
          with investigating or defending any such action or claim as such
          expenses are incurred; provided, however, that neither the Company
          nor the Guarantor shall be liable to any such person in any such case
          to the extent that any such loss, claim, damage or liability arises
          out of or is based upon an untrue statement or alleged untrue
          statement or omission or alleged omission made in such registration
          statement, or preliminary, final or summary prospectus, or

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          amendment or supplement thereto, in reliance upon and in conformity
          with written information furnished to the Company by such person
          expressly for use therein.

     (b)  Indemnification by the Holders and any Agents and Underwriters. The
          Company may require, as a condition to including any Registrable
          Securities in any registration statement filed pursuant to Section
          2(b) hereof and to entering into any underwriting agreement with
          respect thereto, that the Company shall have received an undertaking
          reasonably satisfactory to it from the Electing Holder of such
          Registrable Securities and from each underwriter named in any such
          underwriting agreement, severally and not jointly, to (i) indemnify
          and hold harmless the Company, the Guarantor, and all other holders
          of Registrable Securities, against any losses, claims, damages or
          liabilities to which the Company, the Guarantor or such other holders
          of Registrable Securities may become subject, under the Securities
          Act or otherwise, insofar as such losses, claims, damages or
          liabilities (or actions in respect thereof) arise out of or are based
          upon an untrue statement or alleged untrue statement of a material
          fact contained in such registration statement, or any preliminary,
          final or summary prospectus contained therein or furnished by the
          Company to any such Electing Holder, agent or underwriter, or any
          amendment or supplement thereto, or arise out of or are based upon
          the omission or alleged omission to state therein a material fact
          required to be stated therein or necessary to make the statements
          therein not misleading, in each case to the extent, but only to the
          extent, that such untrue statement or alleged untrue statement or
          omission or alleged omission was made in reliance upon and in
          conformity with written information furnished to the Company by such
          Electing Holder or underwriter expressly for use therein, and (ii)
          reimburse the Company and the Guarantor for any legal or other
          expenses reasonably incurred by the Company and the Guarantor in
          connection with investigating or defending any such action or claim
          as such expenses are incurred.

     (c)  Notices of Claims, Etc. Promptly after receipt by an indemnified
          party under subsection (a) or (b) above of notice of the commencement
          of any action, such indemnified party shall, if a claim in respect
          thereof is to be made against an indemnifying party pursuant to the
          indemnification provisions of or contemplated by this Section 6,
          notify such indemnifying party in writing of the commencement of such
          action; but the omission so to notify the indemnifying party shall
          not relieve it from any liability which it may have to any
          indemnified party otherwise than under the indemnification provisions
          of or contemplated by Section 6(a) or 6(b) hereof. In case any such
          action shall be brought against any indemnified party and it shall
          notify an indemnifying party of the commencement thereof, such
          indemnifying party shall be entitled to participate therein and, to
          the extent that it shall wish, jointly with any other indemnifying
          party similarly notified, to assume the defense thereof, with counsel
          reasonably satisfactory to such indemnified party (who shall not,
          except with the consent of the indemnified party, be counsel to the
          indemnifying party), and, after notice from the indemnifying party to
          such indemnified party of its election so to assume the defense
          thereof, such indemnifying party shall not be liable to such
          indemnified party for any legal expenses of other counsel or any
          other expenses, in each case subsequently incurred by such
          indemnified party, in connection with the defense thereof other than
          reasonable costs of investigation. No indemnifying party shall,
          without the written consent of the indemnified party, effect the
          settlement or compromise of, or consent to the entry of any judgment
          with respect to, any pending or threatened action or claim in respect
          of which indemnification or contribution may be sought hereunder
          (whether or not the indemnified party is an actual or potential party
          to such action or claim) unless such settlement, compromise or
          judgment (i) includes an unconditional release of the

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          indemnified party from all liability arising out of such action or
          claim and (ii) does not include a statement as to or an admission of
          fault, culpability or a failure to act by or on behalf of any
          indemnified party.

     (d)  Contribution. If for any reason the indemnification provisions
          contemplated by Section 6(a) or Section 6(b) are unavailable to or
          insufficient to hold harmless an indemnified party in respect of any
          losses, claims, damages or liabilities (or actions in respect
          thereof) referred to therein, then each indemnifying party shall
          contribute to the amount paid or payable by such indemnified party as
          a result of such losses, claims, damages or liabilities (or actions
          in respect thereof) in such proportion as is appropriate to reflect
          (i) the relative benefits received by the indemnifying party and the
          indemnified party from the transactions herein contemplated or, if
          the allocation provided by the preceding clause (i) is not permitted
          under applicable law, not only the relative benefits referred to in
          the preceding clause (i), but also (ii) the relative fault of the
          indemnifying party and the indemnified party in connection with the
          statements or omissions which resulted in such losses, claims,
          damages or liabilities (or actions in respect thereof), as well as
          any other relevant equitable considerations. The relative fault of
          such indemnifying party and indemnified party shall be determined by
          reference to, among other things, whether the untrue or alleged
          untrue statement of a material fact or omission or alleged omission
          to state a material fact relates to information supplied by such
          indemnifying party or by such indemnified party, and the parties'
          relative intent, knowledge, access to information and opportunity to
          correct or prevent such statement or omission. The parties hereto
          agree that it would not be just and equitable if contributions
          pursuant to this Section 6(d) were determined by pro rata allocation
          (even if the holders or any agents or underwriters or all of them
          were treated as one entity for such purpose) or by any other method
          of allocation which does not take account of the equitable
          considerations referred to in this Section 6(d). The amount paid or
          payable by an indemnified party as a result of the losses, claims,
          damages, or liabilities (or actions in respect thereof) referred to
          above shall be deemed to include any legal or other fees or expenses
          reasonably incurred by such indemnified party in connection with
          investigating or defending any such action or claim. Notwithstanding
          the provisions of this Section 6(d), no holder shall be required to
          contribute any amount in excess of the amount by which the dollar
          amount of the proceeds received by such holder from the sale of any
          Registrable Securities (after deducting any fees, discounts and
          commissions applicable thereto) exceeds the amount of any damages
          which such holder has otherwise been required to pay by reason of
          such untrue or alleged untrue statement or omission or alleged
          omission, and no underwriter shall be required to contribute any
          amount in excess of the amount by which the total price at which the
          Registrable Securities underwritten by it and distributed to the
          public were offered to the public exceeds the amount of any damages
          which such underwriter has otherwise been required to pay by reason
          of such untrue or alleged untrue statement or omission or alleged
          omission. No person guilty of fraudulent misrepresentation (within
          the meaning of Section 11(f) of the Securities Act) shall be entitled
          to contribution from any person who was not guilty of such fraudulent
          misrepresentation. The holders' and any underwriters' obligations in
          this Section 6(d) to contribute shall be several in proportion to the
          principal amount of Registrable Securities registered or
          underwritten, as the case may be, by them and not joint.

     (e)  The obligations of the Company and the Guarantor under this Section 6
          shall be in addition to any liability which the Company or the
          Guarantor may otherwise have and shall extend, upon the same terms
          and conditions, to each officer, director and partner of each holder,
          agent and underwriter and each person, if any, who controls any
          holder,

                                       18
<PAGE>
                                                                 Execution Copy

          agent or underwriter within the meaning of the Securities Act; and
          the obligations of the holders and any agents or underwriters
          contemplated by this Section 6 shall be in addition to any liability
          which the respective holder, agent or underwriter may otherwise have
          and shall extend, upon the same terms and conditions, to each officer
          and director of the Company or the Guarantor and to each person, if
          any, who controls the Company within the meaning of the Securities
          Act.

     7. Underwritten Offerings.

     (a)  Selection of Underwriters. If any of the Registrable Securities
          covered by the Shelf Registration are to be sold pursuant to an
          underwritten offering, the managing underwriter or underwriters
          thereof shall be designated by Electing Holders holding at least a
          majority in aggregate principal amount of the Registrable Securities
          to be included in such offering, provided that such designated
          managing underwriter or underwriters is or are reasonably acceptable
          to the Company.

     (b)  Participation by Holders. Each holder of Registrable Securities
          hereby agrees with each other such holder that no such holder may
          participate in any underwritten offering hereunder unless such holder
          (i) agrees to sell such holder's Registrable Securities on the basis
          provided in any underwriting arrangements approved by the persons
          entitled hereunder to approve such arrangements and (ii) completes
          and executes all questionnaires, powers of attorney, indemnities,
          underwriting agreements and other documents reasonably required under
          the terms of such underwriting arrangements.

     8. Rule 144.

         The Company covenants to the holders of Registrable Securities that,
to the extent it shall be required to do so under the Exchange Act, the Company
shall timely file the reports required to be filed by it under the Exchange Act
or the Securities Act (including the reports under Section 13 and 15(d) of the
Exchange Act referred to in subparagraph (c)(1) of Rule 144 adopted by the
Commission under the Securities Act) and the rules and regulations adopted by
the Commission thereunder, and shall take such further action as any holder of
Registrable Securities may reasonably request, all to the extent required from
time to time to enable such holder to sell Registrable Securities without
registration under the Securities Act within the limitations of the exemption
provided by Rule 144 under the Securities Act, as such Rule may be amended from
time to time, or any similar or successor rule or regulation hereafter adopted
by the Commission. Upon the request of any holder of Registrable Securities in
connection with that holder's sale pursuant to Rule 144, the Company shall
deliver to such holder a written statement as to whether it has complied with
such requirements.

         The Guarantor covenants to the holders of Registrable Securities that,
to the extent it shall be required to do so under the Exchange Act, the
Guarantor shall timely file the reports required to be filed by it under the
Exchange Act or the Securities Act (including the reports under Section 13 and
15(d) of the Exchange Act referred to in subparagraph (c)(1) of Rule 144
adopted by the Commission under the Securities Act) and the rules and
regulations adopted by the Commission thereunder, and shall take such further
action as any holder of Registrable Securities may reasonably request, all to
the extent required from time to time to enable such holder to sell Registrable
Securities without registration under the Securities Act within the limitations
of the exemption provided by Rule 144 under the Securities Act, as such Rule
may be amended from time to time, or any similar or successor rule or
regulation hereafter adopted by the Commission.

                                       19
<PAGE>
                                                                 Execution Copy

     9. Miscellaneous.

     (a)  No Inconsistent Agreements. The Company represents, warrants,
          covenants and agrees that it has not granted, and shall not grant,
          registration rights with respect to Registrable Securities or any
          other securities which would be inconsistent with the terms
          contained in this Exchange and Registration Rights Agreement.

     (b)  Specific Performance. The parties hereto acknowledge that there would
          be no adequate remedy at law if the Company or the Guarantor fails to
          perform any of its obligations hereunder and that the several
          Purchasers and the holders from time to time of the Registrable
          Securities may be irreparably harmed by any such failure, and
          accordingly agree that the several Purchasers and such holders, in
          addition to any other remedy to which they may be entitled at law or
          in equity, shall be entitled to compel specific performance of the
          obligations of the Company under this Exchange and Registration
          Rights Agreement in accordance with the terms and conditions of this
          Exchange and Registration Rights Agreement, in any court of the
          United States or any State thereof having jurisdiction.

     (c)  Notices. All notices, requests, claims, demands, waivers and other
          communications hereunder shall be in writing and shall be deemed to
          have been duly given when delivered by hand, if delivered personally
          or by courier, or three days after being deposited in the mail
          (registered or certified mail, postage prepaid, return receipt
          requested) as follows: If to the Company, to it at 600 Grant Street,
          60th Floor, Pittsburgh, PA 15219, Attention: President, and if to a
          holder, to the address of such holder set forth in the security
          register or other records of the Company, or to such other address as
          the Company or any such holder may have furnished to the other in
          writing in accordance herewith, except that notices of change of
          address shall be effective only upon receipt.

     (d)  Parties in Interest. All the terms and provisions of this Exchange
          and Registration Rights Agreement shall be binding upon, shall inure
          to the benefit of and shall be enforceable by the parties hereto and
          the holders from time to time of the Registrable Securities and the
          respective successors and assigns of the parties hereto and such
          holders. In the event that any transferee of any holder of
          Registrable Securities shall acquire Registrable Securities, in any
          manner, whether by gift, bequest, purchase, operation of law or
          otherwise, such transferee shall, without any further writing or
          action of any kind, be deemed a beneficiary hereof for all purposes
          and such Registrable Securities shall be held subject to all of the
          terms of this Exchange and Registration Rights Agreement, and by
          taking and holding such Registrable Securities such transferee shall
          be entitled to receive the benefits of, and be conclusively deemed to
          have agreed to be bound by all of the applicable terms and provisions
          of this Exchange and Registration Rights Agreement. If the Company
          shall so request, any such successor, assign or transferee shall
          agree in writing to acquire and hold the Registrable Securities
          subject to all of the applicable terms hereof.

     (e)  Survival. The respective indemnities, agreements, representations,
          warranties and each other provision set forth in this Exchange and
          Registration Rights Agreement or made pursuant hereto shall remain in
          full force and effect regardless of any investigation (or statement
          as to the results thereof) made by or on behalf of any holder of
          Registrable Securities, any director, officer or partner of such
          holder, any agent or underwriter or any director, officer or partner
          thereof, or any controlling person of any of the foregoing, and shall
          survive delivery of and payment for the Registrable Securities

                                       20
<PAGE>
                                                                 Execution Copy

          pursuant to the Purchase Agreement and the transfer and registration
          of Registrable Securities by such holder and the consummation of an
          Exchange Offer.

     (f)  Governing Law. This Exchange and Registration Rights Agreement shall
          be governed by and construed in accordance with the laws of the State
          of New York.

     (g)  Headings. The descriptive headings of the several Sections and
          paragraphs of this Exchange and Registration Rights Agreement are
          inserted for convenience only, do not constitute a part of this
          Exchange and Registration Rights Agreement and shall not affect in
          any way the meaning or interpretation of this Exchange and
          Registration Rights Agreement.

     (h)  Entire Agreement; Amendments. This Exchange and Registration Rights
          Agreement and the other writings referred to herein (including the
          Indenture and the form of Securities) or delivered pursuant hereto
          which form a part hereof contain the entire understanding of the
          parties with respect to its subject matter. This Exchange and
          Registration Rights Agreement supersedes all prior agreements and
          understandings between the parties with respect to its subject
          matter. This Exchange and Registration Rights Agreement may be
          amended and the observance of any term of this Exchange and
          Registration Rights Agreement may be waived (either generally or in a
          particular instance and either retroactively or prospectively) only
          by a written instrument duly executed by the Company and the holders
          of at least a majority in aggregate principal amount of the
          Registrable Securities at the time outstanding. Each holder of any
          Registrable Securities at the time or thereafter outstanding shall be
          bound by any amendment or waiver effected pursuant to this Section
          9(h), whether or not any notice, writing or marking indicating such
          amendment or waiver appears on such Registrable Securities or is
          delivered to such holder.

     (i)  Inspection. For so long as this Exchange and Registration Rights
          Agreement shall be in effect, this Exchange and Registration Rights
          Agreement and a complete list of the names and addresses of all the
          holders of Registrable Securities shall be made available for
          inspection and copying on any business day by any holder of
          Registrable Securities for proper purposes only (which shall include
          any purpose related to the rights of the holders of Registrable
          Securities under the Securities, the Indenture and this Agreement) at
          the offices of the Company at the address thereof set forth in
          Section 9(c) above, upon reasonable notice to the Company, and at the
          office of the Trustee under the Indenture.

     (j)  Counterparts. This agreement may be executed by the parties in
          counterparts, each of which shall be deemed to be an original, but
          all such respective counterparts shall together constitute one and
          the same instrument.

                                       21
<PAGE>
                                                                 Execution Copy

         If the foregoing is in accordance with your understanding, please sign
and return to us one for the Company, the Guarantor and each of the several
Purchasers, plus one for each counsel, counterparts hereof, and upon the
acceptance hereof by you, on behalf of each of the several Purchasers, this
letter and such acceptance hereof shall constitute a binding agreement between
each of the several Purchasers, the Company and the Guarantor. It is understood
that your acceptance of this letter on behalf of each of the several Purchasers
is pursuant to the authority set forth in an agreement among the several
Purchasers, the form of which shall be submitted to the Company for examination
upon request, but without warranty on your part as to the authority of the
signers thereof.

                                      Very truly yours,

                                      H. J. Heinz Finance Company

                                      By:    /s/ Leonard A. Cullo, Jr.
                                         ..................................
                                             Leonard A. Cullo, Jr.
                                             President

                                      H. J. Heinz Company

                                      By:    /s/ Leonard A. Cullo, Jr.
                                         ..................................
                                             Leonard A. Cullo, Jr.
                                             Treasurer

Accepted as of the date hereof:

   J.P. Morgan Securities Inc.

   On behalf of each of the several Purchasers

By: /s/ Maria Sramek
   .................................................
   Maria Sramek
   Vice President

                                      22

<PAGE>

                                                                      Exhibit A

                          H. J. Heinz Finance Company

                        INSTRUCTION TO DTC PARTICIPANTS
                        -------------------------------

                               (Date of Mailing)

                     URGENT - IMMEDIATE ATTENTION REQUESTED

                        DEADLINE FOR RESPONSE: [DATE] *
                        -------------------------------

The Depository Trust Company ("DTC") has identified you as a DTC Participant
through which beneficial interests in the H. J. Heinz Finance Company (the
"Company"), the 6.00% Guaranteed Notes due March 15, 2012 (the "Securities")
are held.

The Company is in the process of registering the Securities under the
Securities Act of 1933 for resale by the beneficial owners thereof. In order to
have their Securities included in the registration statement, beneficial owners
must complete and return the enclosed Notice of Registration Statement and
Selling Securityholder Questionnaire.

It is important that beneficial owners of the Securities receive a copy of the
------------------------------------------------------------------------------
enclosed materials as soon as possible as their rights to have the Securities
--------------------------------------
included in the registration statement depend upon their returning the Notice
and Questionnaire by [Deadline For Response]. Please forward a copy of the
enclosed documents to each beneficial owner that holds interests in the
Securities through you. If you require more copies of the enclosed materials or
have any questions pertaining to this matter, please contact H. J. Heinz
Finance Company, 600 Grant Street, 60th Floor, Pittsburgh, PA 15219; Attention:
President.

---------
* Not less than 28 calendar days from date of mailing.

                                      A-1
<PAGE>

                                                                 Execution Copy

                          H. J. Heinz Finance Company

                        Notice of Registration Statement
                                      and
                      Selling Securityholder Questionnaire
                      ------------------------------------

                                     (Date)

Reference is hereby made to the Exchange and Registration Rights Agreement (the
"Exchange and Registration Rights Agreement") between H. J. Heinz Finance
Company (the "Company"), H. J. Heinz Company (the "Guarantor") and the several
Purchasers named therein. Pursuant to the Exchange and Registration Rights
Agreement, the Company has filed with the United States Securities and Exchange
Commission (the "Commission") a registration statement on Form [S-_] (File No.
333-____) (the "Shelf Registration Statement") for the registration and resale
under Rule 415 of the Securities Act of 1933, as amended (the "Securities
Act"), of the Company's 6.00% Guaranteed Notes due March 15, 2012 (the
"Securities"). A copy of the Exchange and Registration Rights Agreement is
attached hereto. All capitalized terms not otherwise defined herein shall have
the meanings ascribed thereto in the Exchange and Registration Rights
Agreement.

Each beneficial owner of Registrable Securities (as defined below) is entitled
to have the Registrable Securities beneficially owned by it included in the
Shelf Registration Statement. In order to have Registrable Securities included
in the Shelf Registration Statement, this Notice of Registration Statement and
Selling Securityholder Questionnaire ("Notice and Questionnaire") must be
completed, executed and delivered to the Company's counsel at the address set
forth herein for receipt ON OR BEFORE [Deadline for Response]. Beneficial
owners of Registrable Securities who do not complete, execute and return this
Notice and Questionnaire by such date (i) will not be named as selling
securityholders in the Shelf Registration Statement and (ii) may not use the
Prospectus forming a part thereof for resales of Registrable Securities.

Certain legal consequences arise from being named as a selling securityholder
in the Shelf Registration Statement and related Prospectus. Accordingly,
holders and beneficial owners of Registrable Securities are advised to consult
their own securities law counsel regarding the consequences of being named or
not being named as a selling securityholder in the Shelf Registration Statement
and related Prospectus.

The term "Registrable Securities" is defined in the Exchange and Registration
          ----------------------
Rights Agreement.

                                      A-2

<PAGE>
                                                                 Execution Copy

                                    ELECTION

The undersigned holder (the "Selling Securityholder") of Registrable Securities
hereby elects to include in the Shelf Registration Statement the Registrable
Securities beneficially owned by it and listed below in Item (3). The
undersigned, by signing and returning this Notice and Questionnaire, agrees to
be bound with respect to such Registrable Securities by the terms and
conditions of this Notice and Questionnaire and the Exchange and Registration
Rights Agreement, including, without limitation, Section 6 of the Exchange and
Registration Rights Agreement, as if the undersigned Selling Securityholder
were an original party thereto.

Upon any sale of Registrable Securities pursuant to the Shelf Registration
Statement, the Selling Securityholder will be required to deliver to the
Company and Trustee the Notice of Transfer set forth in Appendix A to the
Prospectus and as Exhibit B to the Exchange and Registration Rights Agreement.

The Selling Securityholder hereby provides the following information to the
Company and represents and warrants that such information is accurate and
complete:

                                      A-3

<PAGE>
                                                                 Execution Copy

                                 QUESTIONNAIRE

(1)  (a)  Full Legal Name of Selling Securityholder:

     (b)  Full Legal Name of Registered Holder (if not the same as in (a) above)
          of Registrable Securities Listed in Item (3) below:

     (c)  Full Legal Name of DTC Participant (if applicable and if not the same
          as (b) above) Through Which Registrable Securities Listed in Item (3)
          below are Held:

(2)       Address for Notices to Selling Securityholder:
          ---------------------
          ---------------------
          ---------------------
          Telephone:
                               ---------------------------------------
          Fax:
                               ---------------------------------------
          Contact Person:
                               ---------------------------------------

(3)       Beneficial Ownership of Securities:

          Except as set forth below in this Item (3), the undersigned does not
          beneficially own any Securities.

     (a)  Principal amount of Registrable Securities beneficially owned:_______
          CUSIP No(s). of such Registrable Securities:_________________________

     (b)  Principal amount of Securities other than Registrable Securities
          beneficially owned:__________________________________________________
          CUSIP No(s). of such other Securities:_______________________________

     (c)  Principal amount of Registrable Securities which the undersigned
          wishes to be included in the Shelf Registration Statement:___________
          CUSIP No(s). of such Registrable Securities to be included in the
          Shelf Registration Statement:________________________________________

(4)  Beneficial Ownership of Other Securities of the Company:

     Except as set forth below in this Item (4), the undersigned Selling
     Securityholder is not the beneficial or registered owner of any other
     securities of the Company, other than the Securities listed above in Item
     (3).

     State any exceptions here:

(5)  Relationships with the Company:

                                      A-4

<PAGE>
                                                                 Execution Copy

     Except as set forth below, neither the Selling Securityholder nor any of
     its affiliates, officers, directors or principal equity holders (5% or
     more) has held any position or office or has had any other material
     relationship with the Company (or its predecessors or affiliates) during
     the past three years.

     State any exceptions here:

(6)  Plan of Distribution:

     Except as set forth below, the undersigned Selling Securityholder intends
     to distribute the Registrable Securities listed above in Item (3) only as
     follows (if at all): Such Registrable Securities may be sold from time to
     time directly by the undersigned Selling Securityholder or, alternatively,
     through underwriters, broker-dealers or agents. Such Registrable
     Securities may be sold in one or more transactions at fixed prices, at
     prevailing market prices at the time of sale, at varying prices determined
     at the time of sale, or at negotiated prices. Such sales may be effected
     in transactions (which may involve crosses or block transactions) (i) on
     any national securities exchange or quotation service on which the
     Registered Securities may be listed or quoted at the time of sale, (ii) in
     the over-the-counter market, (iii) in transactions otherwise than on such
     exchanges or services or in the over-the-counter market, or (iv) through
     the writing of options. In connection with sales of the Registrable
     Securities or otherwise, the Selling Securityholder may enter into hedging
     transactions with broker-dealers, which may in turn engage in short sales
     of the Registrable Securities in the course of hedging the positions they
     assume. The Selling Securityholder may also sell Registrable Securities
     short and deliver Registrable Securities to close out such short
     positions, or loan or pledge Registrable Securities to broker-dealers that
     in turn may sell such securities.

     State any exceptions here:

By signing below, the Selling Securityholder acknowledges that it understands
its obligation to comply, and agrees that it will comply, with the provisions
of the Exchange Act and the rules and regulations thereunder, particularly
Regulation M.

In the event that the Selling Securityholder transfers all or any portion of
the Registrable Securities listed in Item (3) above after the date on which
such information is provided to the Company, the Selling Securityholder agrees
to notify the transferee(s) at the time of the transfer of its rights and
obligations under this Notice and Questionnaire and the Exchange and
Registration Rights Agreement.

By signing below, the Selling Securityholder consents to the disclosure of the
information contained herein in its answers to Items (1) through (6) above and
the inclusion of such information in the Shelf Registration Statement and
related Prospectus. The Selling Securityholder understands that such
information will be relied upon by the Company in connection with the
preparation of the Shelf Registration Statement and related Prospectus.

In accordance with the Selling Securityholder's obligation under Section 3(d)
of the Exchange and Registration Rights Agreement to provide such information
as may be required by law for inclusion in the Shelf Registration Statement,
the Selling Securityholder agrees to promptly notify the Company of any
inaccuracies or changes in the information provided herein which

                                      A-5

<PAGE>
                                                                 Execution Copy

may occur subsequent to the date hereof at any time while the Shelf
Registration Statement remains in effect. All notices hereunder and pursuant to
the Exchange and Registration Rights Agreement shall be made in writing, by
hand-delivery, first-class mail, or air courier guaranteeing overnight delivery
as follows:

           (i)  To the Company:

                                      -------------------------

                                      -------------------------

                                      -------------------------

                                      -------------------------

                                      -------------------------

           (ii) With a copy to:

                                      -------------------------

                                      -------------------------

                                      -------------------------

                                      -------------------------

                                      -------------------------

Once this Notice and Questionnaire is executed by the Selling Securityholder
and received by the Company's counsel, the terms of this Notice and
Questionnaire, and the representations and warranties contained herein, shall
be binding on, shall inure to the benefit of and shall be enforceable by the
respective successors, heirs, personal representatives, and assigns of the
Company and the Selling Securityholder (with respect to the Registrable
Securities beneficially owned by such Selling Securityholder and listed in Item
(3) above. This Agreement shall be governed in all respects by the laws of the
State of New York.

                                      A-6

<PAGE>
                                                                 Execution Copy

IN WITNESS WHEREOF, the undersigned, by authority duly given, has caused this
Notice and Questionnaire to be executed and delivered either in person or by
its duly authorized agent.

Dated:
        ----------------------------

                  -------------------------------------------------------------
                  Selling Securityholder
                  (Print/type full legal name of beneficial owner of
                  Registrable Securities)

                  By:----------------------------------------------------------
                  Name:
                  Title:

PLEASE RETURN THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE FOR RECEIPT
ON OR BEFORE [DEADLINE FOR RESPONSE] TO THE COMPANY'S COUNSEL AT:

                                    -------------------------

                                    -------------------------

                                    -------------------------

                                    -------------------------

                                    -------------------------

                                      A-7

<PAGE>
                                                                 Execution Copy

                                                                      Exhibit B

             NOTICE OF TRANSFER PURSUANT TO REGISTRATION STATEMENT

Bank One, National Association
H. J. Heinz Finance Company
c/o Bank One, National Association
1111 Polaris Parkway
Suite 1K - Mail Code OH1-0181
Columbus, OH  43240

Attention:  Trust Officer

         Re:      H. J. Heinz Finance Company (the "Company")
                  6.00% Guaranteed Notes due March 15, 2012

Dear Sirs:

Please be advised that ______________________ has transferred $___________
aggregate principal amount of the above-referenced Notes pursuant to an
effective Registration Statement on Form [S-____] (File No. 333-_______) filed
by the Company.

We hereby certify that the prospectus delivery requirements, if any, of the
Securities Act of 1933, as amended, have been satisfied and that the
above-named beneficial owner of the Notes is named as a "Selling Holder" in the
Prospectus dated [date] or in supplements thereto, and that the aggregate
principal amount of the Notes transferred are the Notes listed in such
Prospectus opposite such owner's name.

Dated:

                                      Very truly yours,

                                             ----------------------------------
                                             (Name)

                                      By:    ----------------------------------
                                             (Authorized Signature)

                                      B-1EXHIBIT 4.6

                                                                 Execution Copy

                          H. J. Heinz Finance Company

                   6.75% Guaranteed Notes due March 15, 2032

                 unconditionally and irrevocably guaranteed by

                              H. J. Heinz Company
                                 ------------

                   Exchange and Registration Rights Agreement
                   ------------------------------------------

                                                              February 28, 2002

J.P. Morgan Securities Inc.,
   As representative of the several Purchasers
   named in Schedule I to the Purchase Agreement,
270 Park Avenue
New York, New York 10017

Ladies and Gentlemen:

         H. J. Heinz Finance Company, a Delaware corporation (the "Company"),
proposes to issue and sell to the several Purchasers (as defined herein) upon
the terms set forth in the Purchase Agreement (as defined herein) its 6.75%
Guaranteed Notes due March 15, 2032, which are unconditionally and irrevocably
guaranteed by H. J. Heinz Company (the "Guarantor"). As an inducement to the
several Purchasers to enter into the Purchase Agreement and in satisfaction of
a condition to the obligations of the several Purchasers thereunder, each of
the Company and the Guarantor agrees with the several Purchasers for the
benefit of holders (as defined herein) from time to time of the Registrable
Securities (as defined herein) as follows:

     1. Certain Definitions. For purposes of this Exchange and Registration
Rights Agreement, the following terms shall have the following respective
meanings:

          "Base Interest" shall mean the interest that would otherwise accrue
     on the Securities under the terms thereof and the Indenture, without
     giving effect to the provisions of this Agreement.

          The term "broker-dealer" shall mean any broker or dealer registered
     with the Commission under the Exchange Act.

          "Closing Date" shall mean the date on which the Securities are
     initially issued.

          "Commission" shall mean the United States Securities and Exchange
     Commission, or any other federal agency at the time administering the
     Exchange Act or the Securities Act, whichever is the relevant statute for
     the particular purpose.

          "Effective Time," in the case of (i) an Exchange Registration, shall
     mean the time and date as of which the Commission declares the Exchange
     Registration Statement effective or as of which the Exchange Registration
     Statement otherwise becomes effective and (ii) a Shelf Registration, shall
     mean the time and date as of which the Commission declares the

                                       1

<PAGE>

                                                                 Execution Copy

     Shelf Registration Statement effective or as of which the Shelf
     Registration Statement otherwise becomes effective.

          "Electing Holder" shall mean any holder of Registrable Securities
     that has returned a completed and signed Notice and Questionnaire to the
     Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

          "Exchange Act" shall mean the Securities Exchange Act of 1934, or any
     successor thereto, as the same shall be amended from time to time.

          "Exchange Offer" shall have the meaning assigned thereto in Section
     2(a) hereof.

          "Exchange Registration" shall have the meaning assigned thereto in
     Section 3(c) hereof.

          "Exchange Registration Statement" shall have the meaning assigned
     thereto in Section 2(a) hereof.

          "Exchange Securities" shall have the meaning assigned thereto in
     Section 2(a) hereof.

          "Guarantor" shall have the meaning assigned thereto in the Indenture.

          The term "holder" shall mean each of the several Purchasers and other
     persons who acquire Registrable Securities from time to time (including
     any successors or assigns), in each case for so long as such person owns
     any Registrable Securities.

          "Indenture" shall mean the Indenture, dated as of July 6, 2001,
     between the Company, the Guarantor, and Bank One, National Association, as
     Trustee, as the same shall be amended from time to time.

          "Notice and Questionnaire" means a Notice of Registration Statement
     and Selling Securityholder Questionnaire substantially in the form of
     Exhibit A hereto.

          The term "person" shall mean a corporation, association, partnership,
     organization, business, individual, government or political subdivision
     thereof or governmental agency.

          "Purchase Agreement" shall mean the Purchase Agreement, dated as of
     February 28, 2002 between J.P. Morgan Securities Inc., as representative
     of the several Purchasers named in Schedule I thereto, the Company and the
     Guarantor relating to the Securities.

          "Purchasers" shall mean the several Purchasers named in Schedule I to
     the Purchase Agreement.

          "Registrable Securities" shall mean the Securities; provided,
     however, that a Security shall cease to be a Registrable Security when (i)
     in the circumstances contemplated by Section 2(a) hereof, the Security has
     been exchanged for an Exchange Security in an Exchange Offer as
     contemplated in Section 2(a) hereof (provided that any Exchange Security
     that, pursuant to the last two sentences of Section 2(a), is included in a
     prospectus for use in connection with resales by broker-dealers shall be
     deemed to be a Registrable Security with respect to Sections 5, 6 and 9
     until resale of such Registrable Security has been effected within the
     180-day period referred to in Section 2(a); (ii) in the circumstances
     contemplated by Section 2(b) hereof, a Shelf Registration Statement
     registering such Security under the Securities Act has been declared or
     becomes effective and such Security has been sold or otherwise transferred
     by the holder thereof pursuant to and in a manner

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     contemplated by such effective Shelf Registration Statement; (iii) such
     Security is sold pursuant to Rule 144 under circumstances in which any
     legend borne by such Security relating to restrictions on transferability
     thereof, under the Securities Act or otherwise, is removed by the Company
     or pursuant to the Indenture; (iv) such Security is eligible to be sold
     pursuant to paragraph (k) of Rule 144; or (v) such Security shall cease to
     be outstanding.

          "Registration Default" shall have the meaning assigned thereto in
     Section 2(c) hereof.

          "Registration Expenses" shall have the meaning assigned thereto in
     Section 4 hereof.

          "Resale Period" shall have the meaning assigned thereto in Section
     2(a) hereof.

          "Restricted Holder" shall mean (i) a holder that is an affiliate of
     the Company within the meaning of Rule 405, (ii) a holder who acquires
     Exchange Securities outside the ordinary course of such holder's business,
     (iii) a holder who has arrangements or understandings with any person to
     participate in the Exchange Offer for the purpose of distributing Exchange
     Securities and (iv) a holder that is a broker-dealer, but only with
     respect to Exchange Securities received by such broker-dealer pursuant to
     an Exchange Offer in exchange for Registrable Securities acquired by the
     broker-dealer directly from the Company.

          "Rule 144," "Rule 405" and "Rule 415" shall mean, in each case, such
     rule promulgated under the Securities Act (or any successor provision), as
     the same shall be amended from time to time.

          "Securities" shall mean, collectively, the 6.75% Guaranteed Notes due
     March 15, 2032 of the Company, unconditionally and irrevocably guaranteed
     as to the payment of principal and interest by the Guarantor, to be issued
     and sold to the several Purchasers, and securities issued in exchange
     therefor or in lieu thereof pursuant to the Indenture. Each Security is
     entitled to the benefit of the guarantee provided for in the Indenture
     (the "Guarantee") and, unless the context otherwise requires, any
     reference herein to a "Security," an "Exchange Security" or a "Registrable
     Security" shall include a reference to the related Guarantee.

          "Securities Act" shall mean the Securities Act of 1933, or any
     successor thereto, as the same shall be amended from time to time.

          "Shelf Registration" shall have the meaning assigned thereto in
     Section 2(b) hereof.

          "Shelf Registration Statement" shall have the meaning assigned
     thereto in Section 2(b) hereof.

          "Special Interest" shall have the meaning assigned thereto in Section
     2(c) hereof.

          "Trust Indenture Act" shall mean the Trust Indenture Act of 1939, or
     any successor thereto, and the rules, regulations and forms promulgated
     thereunder, all as the same shall be amended from time to time.

         Unless the context otherwise requires, any reference herein to a
"Section" or "clause" refers to a Section or clause, as the case may be, of
this Exchange and Registration Rights Agreement, and the words "herein,"
"hereof" and "hereunder" and other words of similar import

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refer to this Exchange and Registration Rights Agreement as a whole and not to
any particular Section or other subdivision.

     2. Registration Under the Securities Act.

          (a) Except as set forth in Section 2(b) below, the Company agrees to
     file under the Securities Act, no later than 120 days after the Closing
     Date, a registration statement relating to an offer to exchange (such
     registration statement, the "Exchange Registration Statement", and such
     offer, the "Exchange Offer") any and all of the Securities for a like
     aggregate principal amount of debt securities issued by the Company and
     guaranteed by the Guarantor, which debt securities and guarantee are
     substantially identical to the Securities and the related Guarantee,
     respectively (and are entitled to the benefits of a trust indenture which
     is substantially identical to the Indenture or is the Indenture and which
     has been qualified under the Trust Indenture Act), except that they have
     been registered pursuant to an effective registration statement under the
     Securities Act and do not contain provisions for the additional interest
     contemplated in Section 2(c) below (such new debt securities hereinafter
     called "Exchange Securities"). The Company and the Guarantor each agrees
     to use its reasonable best efforts to cause the Exchange Registration
     Statement to become effective under the Securities Act as soon as
     practicable, but no later than 180 days after the Closing Date. The
     Exchange Offer will be registered under the Securities Act on the
     appropriate form and will comply with all applicable tender offer rules
     and regulations under the Exchange Act. The Company further agrees to use
     its reasonable best efforts to commence and complete the Exchange Offer
     promptly, but no later than 45 days after such registration statement has
     become effective, hold the Exchange Offer open for at least 30 days and
     exchange Exchange Securities for all Registrable Securities that have been
     properly tendered and not withdrawn on or prior to the expiration of the
     Exchange Offer. The Exchange Offer will be deemed to have been "completed"
     only if the debt securities and related guarantee received by holders
     other than Restricted Holders in the Exchange Offer for Registrable
     Securities are, upon receipt, transferable by each such holder without
     restriction under the Securities Act and the Exchange Act and without
     material restrictions under the blue sky or securities laws of a
     substantial majority of the States of the United States of America. The
     Exchange Offer shall be deemed to have been completed upon the earlier to
     occur of (i) the Company having exchanged the Exchange Securities for all
     outstanding Registrable Securities pursuant to the Exchange Offer and (ii)
     the Company having exchanged, pursuant to the Exchange Offer, Exchange
     Securities for all Registrable Securities that have been properly tendered
     and not withdrawn before the expiration of the Exchange Offer, which shall
     be on a date that is at least 30 days following the commencement of the
     Exchange Offer. The Company agrees (x) to include in the Exchange
     Registration Statement a prospectus for use in any resales by any holder
     of Exchange Securities that is a broker-dealer and (y) to keep such
     Exchange Registration Statement effective for a period (the "Resale
     Period") beginning when Exchange Securities are first issued in the
     Exchange Offer and ending upon the earlier of the expiration of the 180th
     day after the Exchange Offer has been completed or such time as such
     broker-dealers no longer own any Registrable Securities. With respect to
     such Exchange Registration Statement, such holders shall have the benefit
     of the rights of indemnification and contribution set forth in Sections
     6(a), (c), (d) and (e) hereof.

          (b) If (i) on or prior to the time the Exchange Offer is completed
     existing Commission interpretations are changed such that the Exchange
     Securities received by holders other than Restricted Holders in the
     Exchange Offer for Registrable Securities are not or would not be, upon
     receipt, transferable by each such holder without restriction under the

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     Securities Act, (ii) the Exchange Offer has not been completed within 225
     days following the Closing Date or (iii) the Exchange Offer is not
     available to any holder of the Securities, the Company shall, in lieu of
     (or, in the case of clause (iii), in addition to) conducting the Exchange
     Offer contemplated by Section 2(a), file under the Securities Act as soon
     as practicable, but no later than the later of 30 days after the time such
     obligation to file arises, a "shelf" registration statement providing for
     the registration of, and the sale on a continuous or delayed basis by the
     holders of, all of the Registrable Securities, pursuant to Rule 415 or any
     similar rule that may be adopted by the Commission (such filing, the
     "Shelf Registration" and such registration statement, the "Shelf
     Registration Statement"). The Company agrees to use its reasonable best
     efforts (x) to cause the Shelf Registration Statement to become or be
     declared effective no later than 60 days after such Shelf Registration
     Statement is filed and to keep such Shelf Registration Statement
     continuously effective for a period ending on the earlier of the second
     anniversary of the Effective Time or such time as there are no longer any
     Registrable Securities outstanding, provided, however, that no holder
     shall be entitled to be named as a selling securityholder in the Shelf
     Registration Statement or to use the prospectus forming a part thereof for
     resales of Registrable Securities unless such holder is an Electing
     Holder, and (y) after the Effective Time of the Shelf Registration
     Statement, promptly upon the request of any holder of Registrable
     Securities that is not then an Electing Holder, to take any action
     reasonably necessary to enable such holder to use the prospectus forming a
     part thereof for resales of Registrable Securities, including, without
     limitation, any action necessary to identify such holder as a selling
     securityholder in the Shelf Registration Statement, provided, however,
     that nothing in this Clause (y) shall relieve any such holder of the
     obligation to return a completed and signed Notice and Questionnaire to
     the Company in accordance with Section 3(d)(iii) hereof. The Company
     further agrees to supplement or make amendments to the Shelf Registration
     Statement, as and when required by the rules, regulations or instructions
     applicable to the registration form used by the Company for such Shelf
     Registration Statement or by the Securities Act or rules and regulations
     thereunder for shelf registration, and the Company agrees to furnish to
     each Electing Holder copies of any such supplement or amendment prior to
     its being used or promptly following its filing with the Commission.

          (c) In the event that (i) the Company has not filed the Exchange
     Registration Statement or Shelf Registration Statement on or before the
     date on which such registration statement is required to be filed pursuant
     to Section 2(a) or 2(b), respectively, or (ii) such Exchange Registration
     Statement or Shelf Registration Statement has not become effective or been
     declared effective by the Commission on or before the date on which such
     registration statement is required to become or be declared effective
     pursuant to Section 2(a) or 2(b), respectively, or (iii) the Exchange
     Offer has not been completed within 45 days after the initial effective
     date of the Exchange Registration Statement relating to the Exchange Offer
     (if the Exchange Offer is then required to be made) or (iv) any Exchange
     Registration Statement or Shelf Registration Statement required by Section
     2(a) or 2(b) hereof is filed and declared effective but shall thereafter
     either be withdrawn by the Company or shall become subject to an effective
     stop order issued pursuant to Section 8(d) of the Securities Act
     suspending the effectiveness of such registration statement (except as
     specifically permitted herein) without being succeeded immediately by an
     additional registration statement filed and declared effective (each such
     event referred to in clauses (i) through (iv), a "Registration Default"
     and each period during which a Registration Default has occurred and is
     continuing, a "Registration Default Period"), then, as liquidated damages
     for such Registration Default, subject to the provisions of Section 9(b),
     special interest ("Special Interest"), in addition to the Base Interest,
     shall accrue at a per annum rate of 0.25% for the first 90 days of the
     Registration Default Period, at a per annum rate of 0.50% thereafter for

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     the remaining portion of the Default Period. Special Interest will cease
     to accrue at such time when there are no longer any Registrable
     Securities.

          (d) Each of the Company and the Guarantor shall take all actions
     necessary or advisable to be taken by it to ensure that the transactions
     contemplated herein are effected as so contemplated, including all actions
     necessary or desirable to register the Guarantee under the registration
     statement contemplated in Section 2(a) or 2(b) hereof, as applicable.

          (e) Any reference herein to a registration statement as of any time
     shall be deemed to include any document incorporated, or deemed to be
     incorporated, therein by reference as of such time and any reference
     herein to any post-effective amendment to a registration statement as of
     any time shall be deemed to include any document incorporated, or deemed
     to be incorporated, therein by reference as of such time.

     3. Registration Procedures.

     If the Company files a registration statement pursuant to Section 2(a) or
Section 2(b), the following provisions shall apply:

          (a) At or before the Effective Time of the Exchange Offer or the
     Shelf Registration, as the case may be, the Company shall qualify the
     Indenture under the Trust Indenture Act of 1939.

          (b) In the event that such qualification would require the
     appointment of a new trustee under the Indenture, the Company shall
     appoint a new trustee thereunder pursuant to the applicable provisions of
     the Indenture.

          (c) In connection with the Company's obligations with respect to the
     registration of Exchange Securities as contemplated by Section 2(a) (the
     "Exchange Registration"), if applicable, the Company shall:

               (i) prepare and file with the Commission, no later than 120 days
          after the Closing Date, an Exchange Registration Statement on any
          form which may be utilized by the Company and which shall permit the
          Exchange Offer and resales of Exchange Securities by broker-dealers
          during the Resale Period to be effected as contemplated by Section
          2(a), and use its reasonable best efforts to cause such Exchange
          Registration Statement to become effective as soon as practicable
          thereafter, but no later than 180 days after the Closing Date;

               (ii) as soon as practicable prepare and file with the Commission
          such amendments and supplements to such Exchange Registration
          Statement and the prospectus included therein as may be necessary to
          effect and maintain the effectiveness of such Exchange Registration
          Statement for the periods and purposes contemplated in Section 2(a)
          hereof and as may be required by the applicable rules and regulations
          of the Commission and the instructions applicable to the form of such
          Exchange Registration Statement, and promptly provide each
          broker-dealer holding Exchange Securities with such number of copies
          of the prospectus included therein (as then amended or supplemented),
          in conformity in all material respects with the requirements of the
          Securities Act and the Trust Indenture Act and the rules and
          regulations of the Commission thereunder, as such broker-dealer
          reasonably may request prior to the expiration of the Resale Period,
          for use in connection with resales of Exchange Securities;

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               (iii) promptly notify each broker-dealer that has requested or
          received copies of the prospectus included in such registration
          statement (A) when such Exchange Registration Statement or the
          prospectus included therein or any prospectus amendment or supplement
          or post-effective amendment has been filed, and, with respect to such
          Exchange Registration Statement or any post-effective amendment, when
          the same has become effective, (B) of any comments by the Commission
          and by the blue sky or securities commissioner or regulator of any
          state with respect thereto or any request by the Commission for
          amendments or supplements to such Exchange Registration Statement or
          prospectus or for additional information, (C) of the issuance by the
          Commission of any stop order suspending the effectiveness of such
          Exchange Registration Statement or the initiation or threatening of
          any proceedings for that purpose, (D) if at any time the
          representations and warranties of the Company contemplated by Section
          5 cease to be true and correct in all material respects, (E) of the
          receipt by the Company of any notification with respect to the
          suspension of the qualification of the Exchange Securities for sale
          in any jurisdiction or the initiation or threatening of any
          proceeding for such purpose, or (F) at any time during the Resale
          Period when a prospectus is required to be delivered under the
          Securities Act, that such Exchange Registration Statement,
          prospectus, prospectus amendment or supplement or post-effective
          amendment does not conform in all material respects to the applicable
          requirements of the Securities Act and the Trust Indenture Act and
          the rules and regulations of the Commission thereunder or contains an
          untrue statement of a material fact or omits to state any material
          fact required to be stated therein or necessary to make the
          statements therein not misleading in light of the circumstances then
          existing;

               (iv) in the event that the Company would be required, pursuant
          to Section 3(c)(iii)(F) above, to notify any broker-dealers holding
          Exchange Securities, without delay prepare and furnish to each such
          holder a reasonable number of copies of a prospectus supplemented or
          amended so that, as thereafter delivered to purchasers of such
          Exchange Securities during the Resale Period, such prospectus shall
          conform in all material respects to the applicable requirements of
          the Securities Act and the Trust Indenture Act and the rules and
          regulations of the Commission thereunder and shall not contain an
          untrue statement of a material fact or omit to state a material fact
          required to be stated therein or necessary to make the statements
          therein not misleading in light of the circumstances then existing;

               (v) use its reasonable best efforts to obtain the withdrawal of
          any order suspending the effectiveness of such Exchange Registration
          Statement or any post-effective amendment thereto at the earliest
          practicable date;

               (vi) use its reasonable best efforts to (A) register or qualify
          the Exchange Securities under the securities laws or blue sky laws of
          such jurisdictions as are contemplated by Section 2(a) no later than
          the commencement of the Exchange Offer, (B) keep such registrations
          or qualifications in effect and comply with such laws so as to permit
          the continuance of offers, sales and dealings therein in such
          jurisdictions until the expiration of the Resale Period and (C) take
          any and all other actions as may be reasonably necessary or advisable
          to enable each broker-dealer holding Exchange Securities to
          consummate the disposition thereof in such jurisdictions; provided,
          however, that neither the Company nor the Guarantor shall be required
          for any such purpose to (1) qualify as a foreign corporation in any
          jurisdiction wherein it would not otherwise be required to qualify
          but for the

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          requirements of this Section 3(c)(vi), (2) consent to general service
          of process in any such jurisdiction or (3) make any changes to its
          certificate of incorporation or by-laws or any agreement between it
          and its stockholders;

               (vii) use its reasonable best efforts to obtain the consent or
          approval of each governmental agency or authority, whether federal,
          state or local, which may be required to effect the Exchange
          Registration, the Exchange Offer and the offering and sale of
          Exchange Securities by broker-dealers during the Resale Period;

               (viii) provide a CUSIP number for all Exchange Securities, not
          later than the applicable Effective Time;

               (ix) comply with all applicable rules and regulations of the
          Commission, and make generally available to its securityholders as
          soon as practicable but no later than eighteen months after the
          effective date of such Exchange Registration Statement, an earning
          statement of the Company and its subsidiaries complying with Section
          11(a) of the Securities Act (including, at the option of the Company,
          Rule 158 thereunder).

          (d) In connection with the Company's obligations with respect to the
     Shelf Registration, if applicable, the Company shall:

               (i) prepare and file with the Commission, within the time
          periods specified in Section 2(b), a Shelf Registration Statement on
          any form which may be utilized by the Company and which shall
          register all of the Registrable Securities for resale by the holders
          thereof in accordance with such method or methods of disposition as
          may be specified by such of the holders as, from time to time, may be
          Electing Holders and use its reasonable best efforts to cause such
          Shelf Registration Statement to become effective as soon as
          practicable but in any case within the time periods specified in
          Section 2(b);

               (ii) not less than 30 calendar days prior to the Effective Time
          of the Shelf Registration Statement, mail or cause to be mailed the
          Notice and Questionnaire to the holders of Registrable Securities; no
          holder shall be entitled to be named as a selling securityholder in
          the Shelf Registration Statement as of the Effective Time, and no
          holder shall be entitled to use the prospectus forming a part thereof
          for resales of Registrable Securities at any time, unless such holder
          has returned a completed and signed Notice and Questionnaire to the
          Company by the deadline for response set forth therein; provided,
          however, that holders of Registrable Securities shall have at least
          28 calendar days from the date on which the Notice and Questionnaire
          is first mailed to such holders to return a completed and signed
          Notice and Questionnaire to the Company;

               (iii) after the Effective Time of the Shelf Registration
          Statement, upon the request of any holder of Registrable Securities
          that is not then an Electing Holder, promptly send a Notice and
          Questionnaire to such holder; provided that the Company shall not be
          required to take any action to name such holder as a selling
          securityholder in the Shelf Registration Statement or to enable such
          holder to use the prospectus forming a part thereof for resales of
          Registrable Securities until such holder has returned a completed and
          signed Notice and Questionnaire to the Company;

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               (iv) as soon as practicable prepare and file with the Commission
          such amendments and supplements to such Shelf Registration Statement
          and the prospectus included therein as may be necessary to effect and
          maintain the effectiveness of such Shelf Registration Statement for
          the period specified in Section 2(b) hereof and as may be required by
          the applicable rules and regulations of the Commission and the
          instructions applicable to the form of such Shelf Registration
          Statement, and furnish to the Electing Holders copies of any such
          supplement or amendment simultaneously with or prior to its being
          used or filed with the Commission;

               (v) comply with the provisions of the Securities Act with
          respect to the disposition of all of the Registrable Securities
          covered by such Shelf Registration Statement in accordance with the
          intended methods of disposition by the Electing Holders provided for
          in such Shelf Registration Statement;

               (vi) provide (A) the Electing Holders, (B) the underwriters
          (which term, for purposes of this Exchange and Registration Rights
          Agreement, shall include a person deemed to be an underwriter within
          the meaning of Section 2(a)(11) of the Securities Act), if any,
          thereof, (C) any sales or placement agent therefor, (D) counsel for
          any such underwriter or agent and (E) not more than one counsel for
          all the Electing Holders the opportunity to participate in the
          preparation of such Shelf Registration Statement, each prospectus
          included therein or filed with the Commission and each amendment or
          supplement thereto;

               (vii) for a reasonable period prior to the filing of such Shelf
          Registration Statement, and throughout the period specified in
          Section 2(b), make available at reasonable times at the Company's
          principal place of business or such other reasonable place for
          inspection by the persons referred to in Section 3(d)(vi) who shall
          certify to the Company that they have a current intention to sell the
          Registrable Securities pursuant to the Shelf Registration such
          financial and other information and books and records of the Company,
          and cause the officers, employees, counsel and independent certified
          public accountants of the Company to respond to such inquiries, as
          shall be reasonably necessary, in the judgment of the respective
          counsel referred to in such Section, to conduct a reasonable
          investigation within the meaning of Section 11 of the Securities Act;
          provided, however, that each such party shall be required to maintain
          in confidence and not to disclose to any other person any information
          or records reasonably designated by the Company as being
          confidential, until such time as (A) such information becomes a
          matter of public record (whether by virtue of its inclusion in such
          registration statement or otherwise), or (B) such person shall be
          required so to disclose such information pursuant to a subpoena or
          order of any court or other governmental agency or body having
          jurisdiction over the matter (subject to the requirements of such
          order, and only after such person shall have given the Company prompt
          prior written notice of such requirement), or (C) such information is
          required to be set forth in such Shelf Registration Statement or the
          prospectus included therein or in an amendment to such Shelf
          Registration Statement or an amendment or supplement to such
          prospectus in order that such Shelf Registration Statement,
          prospectus, amendment or supplement, as the case may be, complies
          with applicable requirements of the federal securities laws and the
          rules and regulations of the Commission and does not contain an
          untrue statement of a material fact or omit to state therein a
          material

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          fact required to be stated therein or necessary to make the
          statements therein not misleading in light of the circumstances then
          existing;

               (viii) promptly notify each of the Electing Holders, any sales
          or placement agent therefor and any underwriter thereof (which
          notification may be made through any managing underwriter that is a
          representative of such underwriter for such purpose) (A) when such
          Shelf Registration Statement or the prospectus included therein or
          any prospectus amendment or supplement or post-effective amendment
          has been filed, and, with respect to such Shelf Registration
          Statement or any post-effective amendment, when the same has become
          effective, (B) of any comments by the Commission and by the blue sky
          or securities commissioner or regulator of any state with respect
          thereto or any request by the Commission for amendments or
          supplements to such Shelf Registration Statement or prospectus or for
          additional information, (C) of the issuance by the Commission of any
          stop order suspending the effectiveness of such Shelf Registration
          Statement or the initiation or threatening of any proceedings for
          that purpose, (D) if at any time the representations and warranties
          of the Company contemplated by Section 3(d)(xvii) or Section 5 cease
          to be true and correct in all material respects, (E) of the receipt
          by the Company of any notification with respect to the suspension of
          the qualification of the Registrable Securities for sale in any
          jurisdiction or the initiation or threatening of any proceeding for
          such purpose, or (F) if at any time when a prospectus is required to
          be delivered under the Securities Act, that such Shelf Registration
          Statement, prospectus, prospectus amendment or supplement or
          post-effective amendment does not conform in all material respects to
          the applicable requirements of the Securities Act and the Trust
          Indenture Act and the rules and regulations of the Commission
          thereunder or contains an untrue statement of a material fact or
          omits to state any material fact required to be stated therein or
          necessary to make the statements therein not misleading in light of
          the circumstances then existing;

               (ix) use its reasonable best efforts to obtain the withdrawal of
          any order suspending the effectiveness of such registration statement
          or any post-effective amendment thereto at the earliest practicable
          date;

               (x) if requested by any managing underwriter or underwriters,
          any placement or sales agent or any Electing Holder, promptly
          incorporate in a prospectus supplement or post-effective amendment
          such information as is required by the applicable rules and
          regulations of the Commission and as such managing underwriter or
          underwriters, such agent or such Electing Holder specifies should be
          included therein relating to the terms of the sale of such
          Registrable Securities, including information with respect to the
          principal amount of Registrable Securities being sold by such
          Electing Holder or agent or to any underwriters, the name and
          description of such Electing Holder, agent or underwriter, the
          offering price of such Registrable Securities and any discount,
          commission or other compensation payable in respect thereof, the
          purchase price being paid therefor by such underwriters and with
          respect to any other terms of the offering of the Registrable
          Securities to be sold by such Electing Holder or agent or to such
          underwriters; and make all required filings of such prospectus
          supplement or post-effective amendment promptly after notification of
          the matters to be incorporated in such prospectus supplement or
          post-effective amendment;

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               (xi) furnish to each Electing Holder, each placement or sales
          agent, if any, therefor, each underwriter, if any, thereof and the
          respective counsel referred to in Section 3(d)(vi) an executed copy
          (or, in the case of an Electing Holder, a conformed copy) of such
          Shelf Registration Statement, each such amendment and supplement
          thereto (in each case including all exhibits thereto (in the case of
          an Electing Holder of Registrable Securities, upon request) and
          documents incorporated by reference therein) and such number of
          copies of such Shelf Registration Statement (excluding exhibits
          thereto and documents incorporated by reference therein unless
          specifically so requested by such Electing Holder, agent or
          underwriter, as the case may be) and of the prospectus included in
          such Shelf Registration Statement (including each preliminary
          prospectus and any summary prospectus), in conformity in all material
          respects with the applicable requirements of the Securities Act and
          the Trust Indenture Act and the rules and regulations of the
          Commission thereunder, and such other documents, as such Electing
          Holder, agent, if any, and underwriter, if any, may reasonably
          request in order to facilitate the offering and disposition of the
          Registrable Securities owned by such Electing Holder, offered or sold
          by such agent or underwritten by such underwriter and to permit such
          Electing Holder, agent and underwriter to satisfy the prospectus
          delivery requirements of the Securities Act; and the Company hereby
          consents to the use of such prospectus (including such preliminary
          and summary prospectus) and any amendment or supplement thereto by
          each such Electing Holder and by any such agent and underwriter, in
          each case in the form most recently provided to such person by the
          Company, in connection with the offering and sale of the Registrable
          Securities covered by the prospectus (including such preliminary and
          summary prospectus) or any supplement or amendment thereto;

               (xii) use reasonable best efforts to (A) register or qualify the
          Registrable Securities to be included in such Shelf Registration
          Statement under such securities laws or blue sky laws of such
          jurisdictions as any Electing Holder and each placement or sales
          agent, if any, therefor and underwriter, if any, thereof shall
          reasonably request, (B) keep such registrations or qualifications in
          effect and comply with such laws so as to permit the continuance of
          offers, sales and dealings therein in such jurisdictions during the
          period the Shelf Registration is required to remain effective under
          Section 2(b) above and for so long as may be necessary to enable any
          such Electing Holder, agent or underwriter to complete its
          distribution of Securities pursuant to such Shelf Registration
          Statement and (C) take any and all other actions as may be reasonably
          necessary or advisable to enable each such Electing Holder, agent, if
          any, and underwriter, if any, to consummate the disposition in such
          jurisdictions of such Registrable Securities; provided, however, that
          neither the Company nor the Guarantor shall be required for any such
          purpose to (1) qualify as a foreign corporation in any jurisdiction
          wherein it would not otherwise be required to qualify but for the
          requirements of this Section 3(d)(xii), (2) consent to general
          service of process in any such jurisdiction or (3) make any changes
          to its certificate of incorporation or by-laws or any agreement
          between it and its stockholders;

               (xiii) use its reasonable best efforts to obtain the consent or
          approval of each governmental agency or authority, whether federal,
          state or local, which may be required to effect the Shelf
          Registration or the offering or sale in connection therewith or to
          enable the selling holder or holders to offer, or to consummate the
          disposition of, their Registrable Securities;

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               (xiv) Unless any Registrable Securities shall be in book-entry
          only form, cooperate with the Electing Holders and the managing
          underwriters, if any, to facilitate the timely preparation and
          delivery of certificates representing Registrable Securities to be
          sold, which certificates, if so required by any securities exchange
          upon which any Registrable Securities are listed, shall be penned,
          lithographed or engraved, or produced by any combination of such
          methods, on steel engraved borders, and which certificates shall not
          bear any restrictive legends; and, in the case of an underwritten
          offering, enable such Registrable Securities to be in such
          denominations and registered in such names as the managing
          underwriters may request at least two business days prior to any sale
          of the Registrable Securities;

               (xv) provide a CUSIP number for all Registrable Securities, not
          later than the applicable Effective Time;

               (xvi) enter into one or more underwriting agreements, engagement
          letters, agency agreements, "best efforts" underwriting agreements or
          similar agreements, as appropriate, including customary provisions
          relating to indemnification and contribution, and take such other
          actions in connection therewith as any Electing Holders aggregating
          at least 25% in aggregate principal amount of the Registrable
          Securities at the time outstanding shall request in order to expedite
          or facilitate the disposition of such Registrable Securities;

               (xvii) whether or not an agreement of the type referred to in
          Section 3(d)(xvi) hereof is entered into and whether or not any
          portion of the offering contemplated by the Shelf Registration is an
          underwritten offering or is made through a placement or sales agent
          or any other entity, (A) make such representations and warranties to
          the Electing Holders and the placement or sales agent, if any,
          therefor and the underwriters, if any, thereof in form, substance and
          scope as are customarily made in connection with an offering of debt
          securities pursuant to any appropriate agreement or to a registration
          statement filed on the form applicable to the Shelf Registration; (B)
          obtain an opinion of counsel to the Company in customary form and
          covering such matters, of the type customarily covered by such an
          opinion, as the managing underwriters, if any, or as any Electing
          Holders of at least 25% in aggregate principal amount of the
          Registrable Securities at the time outstanding may reasonably
          request, addressed to such Electing Holder or Electing Holders and
          the placement or sales agent, if any, therefor and the underwriters,
          if any, thereof and dated the effective date of such Shelf
          Registration Statement (and if such Shelf Registration Statement
          contemplates an underwritten offering of a part or all of the
          Registrable Securities, dated the date of the closing under the
          underwriting agreement relating thereto) (it being agreed that the
          matters to be covered by such opinion shall include the due
          incorporation and good standing of the Company and its subsidiaries;
          the qualification of the Company and its subsidiaries to transact
          business as foreign corporations; the due authorization, execution
          and delivery of the relevant agreement of the type referred to in
          Section 3(d)(xvi) hereof; the due authorization, execution,
          authentication and issuance, and the validity and enforceability, of
          the Securities; the absence of material legal or governmental
          proceedings involving the Company; the absence of a breach by the
          Company or any of its subsidiaries of, or a default under, material
          agreements binding upon the Company or any subsidiary of the Company;
          the absence of governmental approvals required to be obtained in
          connection with the Shelf Registration, the offering and sale of the
          Registrable Securities, this Exchange and Registration Rights
          Agreement

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          or any agreement of the type referred to in Section 3(d)(xvi) hereof,
          except such approvals as may be required under state securities or
          blue sky laws; the material compliance as to form of such Shelf
          Registration Statement and any documents incorporated by reference
          therein and of the Indenture with the requirements of the Securities
          Act and the Trust Indenture Act and the rules and regulations of the
          Commission thereunder, respectively; and, as of the date of the
          opinion and of the Shelf Registration Statement or most recent
          post-effective amendment thereto, as the case may be, the absence
          from such Shelf Registration Statement and the prospectus included
          therein, as then amended or supplemented, and from the documents
          incorporated by reference therein (in each case other than the
          financial statements and other financial information contained
          therein) of an untrue statement of a material fact or the omission to
          state therein a material fact necessary to make the statements
          therein not misleading (in the case of such documents, in the light
          of the circumstances existing at the time that such documents were
          filed with the Commission under the Exchange Act)); (C) obtain a
          "cold comfort" letter or letters from the independent certified
          public accountants of the Company addressed to the selling Electing
          Holders, the placement or sales agent, if any, therefor or the
          underwriters, if any, thereof, dated (i) the effective date of such
          Shelf Registration Statement and (ii) the effective date of any
          prospectus supplement to the prospectus included in such Shelf
          Registration Statement or post-effective amendment to such Shelf
          Registration Statement which includes unaudited or audited financial
          statements as of a date or for a period subsequent to that of the
          latest such statements included in such prospectus (and, if such
          Shelf Registration Statement contemplates an underwritten offering
          pursuant to any prospectus supplement to the prospectus included in
          such Shelf Registration Statement or post-effective amendment to such
          Shelf Registration Statement which includes unaudited or audited
          financial statements as of a date or for a period subsequent to that
          of the latest such statements included in such prospectus, dated the
          date of the closing under the underwriting agreement relating
          thereto), such letter or letters to be in customary form and covering
          such matters of the type customarily covered by letters of such type;
          (D) deliver such documents and certificates, including officers'
          certificates, as may be reasonably requested by any Electing Holders
          of at least 25% in aggregate principal amount of the Registrable
          Securities at the time outstanding or the placement or sales agent,
          if any, therefor and the managing underwriters, if any, thereof to
          evidence the accuracy of the representations and warranties made
          pursuant to clause (A) above or those contained in Section 5(a)
          hereof and the compliance with or satisfaction of any agreements or
          conditions contained in the underwriting agreement or other agreement
          entered into by the Company or the Guarantor; and (E) undertake such
          obligations relating to expense reimbursement, indemnification and
          contribution as are provided in Section 6 hereof;

               (xviii) notify in writing each holder of Registrable Securities
          of any proposal by the Company to amend or waive any provision of
          this Exchange and Registration Rights Agreement pursuant to Section
          9(h) hereof and of any amendment or waiver effected pursuant thereto,
          each of which notices shall contain the text of the amendment or
          waiver proposed or effected, as the case may be;

               (xix) in the event that any broker-dealer registered under the
          Exchange Act shall underwrite any Registrable Securities or
          participate as a member of an underwriting syndicate or selling group
          or "assist in the distribution" (within the meaning of the Conduct
          Rules (the "Conduct Rules) of the National Association of Securities

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          Dealers, Inc. ("NASD") or any successor thereto, as amended from time
          to time) thereof, whether as a holder of such Registrable Securities
          or as an underwriter, a placement or sales agent or a broker or
          dealer in respect thereof, or otherwise, assist such broker-dealer in
          complying with the requirements of such Conduct Rules, including by
          (A) if such Conduct Rules shall so require, engaging a "qualified
          independent underwriter" (as defined in such Conduct Rules) to
          participate in the preparation of the Shelf Registration Statement
          relating to such Registrable Securities, to exercise usual standards
          of due diligence in respect thereto and, if any portion of the
          offering contemplated by such Shelf Registration Statement is an
          underwritten offering or is made through a placement or sales agent,
          to recommend the yield of such Registrable Securities, (B)
          indemnifying any such qualified independent underwriter to the extent
          of the indemnification of underwriters provided in Section 6 hereof
          (or to such other customary extent as may be requested by such
          underwriter), and (C) providing such information to such
          broker-dealer as may be required in order for such broker-dealer to
          comply with the requirements of the Conduct Rules; and

               (xx) comply with all applicable rules and regulations of the
          Commission, and make generally available to its securityholders as
          soon as practicable but in any event not later than eighteen months
          after the effective date of such Shelf Registration Statement, an
          earning statement of the Company and its subsidiaries complying with
          Section 11(a) of the Securities Act (including, at the option of the
          Company, Rule 158 thereunder).

          (e) In the event that the Company would be required, pursuant to
     Section 3(d)(viii)(F) above, to notify the Electing Holders, the placement
     or sales agent, if any, therefor and the managing underwriters, if any,
     thereof, the Company shall without delay prepare and furnish to each of
     the Electing Holders, to each placement or sales agent, if any, and to
     each such underwriter, if any, a reasonable number of copies of a
     prospectus supplemented or amended so that, as thereafter delivered to
     purchasers of Registrable Securities, such prospectus shall conform in all
     material respects to the applicable requirements of the Securities Act and
     the Trust Indenture Act and the rules and regulations of the Commission
     thereunder and shall not contain an untrue statement of a material fact or
     omit to state a material fact required to be stated therein or necessary
     to make the statements therein not misleading in light of the
     circumstances then existing. Each Electing Holder agrees that upon receipt
     of any notice from the Company pursuant to Section 3(d)(viii)(F) hereof,
     such Electing Holder shall forthwith discontinue the disposition of
     Registrable Securities pursuant to the Shelf Registration Statement
     applicable to such Registrable Securities until such Electing Holder shall
     have received copies of such amended or supplemented prospectus, and if so
     directed by the Company, such Electing Holder shall deliver to the Company
     (at the Company's expense) all copies, other than permanent file copies,
     then in such Electing Holder's possession of the prospectus covering such
     Registrable Securities at the time of receipt of such notice.

          (f) In the event of a Shelf Registration, in addition to the
     information required to be provided by each Electing Holder in its Notice
     Questionnaire, the Company may require such Electing Holder to furnish to
     the Company such additional information regarding such Electing Holder and
     such Electing Holder's intended method of distribution of Registrable
     Securities as may be required in order to comply with the Securities Act.
     Each such Electing Holder agrees to notify the Company as promptly as
     practicable of any inaccuracy or change in information previously
     furnished by such Electing Holder to the Company or of the

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     occurrence of any event in either case as a result of which any prospectus
     relating to such Shelf Registration contains or would contain an untrue
     statement of a material fact regarding such Electing Holder or such
     Electing Holder's intended method of disposition of such Registrable
     Securities or omits to state any material fact regarding such Electing
     Holder or such Electing Holder's intended method of disposition of such
     Registrable Securities required to be stated therein or necessary to make
     the statements therein not misleading in light of the circumstances then
     existing, and promptly to furnish to the Company any additional
     information required to correct and update any previously furnished
     information or required so that such prospectus shall not contain, with
     respect to such Electing Holder or the disposition of such Registrable
     Securities, an untrue statement of a material fact or omit to state a
     material fact required to be stated therein or necessary to make the
     statements therein not misleading in light of the circumstances then
     existing.

          (g) Until the expiration of two years after the Closing Date, the
     Company will not, and will not permit any of its "affiliates" (as defined
     in Rule 144) to, resell any of the Securities that have been reacquired by
     any of them except pursuant to an effective registration statement under
     the Securities Act.

     4. Registration Expenses.

     The Company agrees to bear and to pay or cause to be paid promptly all
expenses incident to the Company's performance of or compliance with this
Exchange and Registration Rights Agreement, including (a) all Commission and
any NASD registration, filing and review fees and expenses including fees and
disbursements of counsel for the placement or sales agent or underwriters in
connection with such registration, filing and review, (b) all fees and expenses
in connection with the qualification of the Securities for offering and sale
under the State securities and blue sky laws referred to in Section 3(d)(xii)
hereof and determination of their eligibility for investment under the laws of
such jurisdictions as any managing underwriters or the Electing Holders may
designate, including any fees and disbursements of counsel for the Electing
Holders or underwriters in connection with such qualification and
determination, (c) all expenses relating to the preparation, printing,
production, distribution and reproduction of each registration statement
required to be filed hereunder, each prospectus included therein or prepared
for distribution pursuant hereto, each amendment or supplement to the
foregoing, the expenses of preparing the Securities for delivery and the
expenses of printing or producing any underwriting agreements, agreements among
underwriters, selling agreements and blue sky or legal investment memoranda and
all other documents in connection with the offering, sale or delivery of
Securities to be disposed of (including certificates representing the
Securities), (d) messenger, telephone and delivery expenses relating to the
offering, sale or delivery of Securities and the preparation of documents
referred in clause (c) above, (e) fees and expenses of the Trustee under the
Indenture, any agent of the Trustee and any counsel for the Trustee and of any
collateral agent or custodian, (f) internal expenses (including all salaries
and expenses of the Company's officers and employees performing legal or
accounting duties), (g) fees, disbursements and expenses of counsel and
independent certified public accountants of the Company (including the expenses
of any opinions or "cold comfort" letters required by or incident to such
performance and compliance), (h) fees, disbursements and expenses of any
"qualified independent underwriter" engaged pursuant to Section 3(d)(xix)
hereof, (i) fees, disbursements and expenses of one counsel for the Electing
Holders retained in connection with a Shelf Registration, as selected by the
Electing Holders of at least a majority in aggregate principal amount of the
Registrable Securities held by Electing Holders (which counsel shall be
reasonably satisfactory to the Company), (j) any fees charged by securities
rating services for rating the Securities, and (k) fees, expenses and
disbursements of any other persons, including

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special experts, retained by the Company in connection with such registration
(collectively, the "Registration Expenses"). To the extent that any
Registration Expenses are incurred, assumed or paid by any holder of
Registrable Securities or any placement or sales agent therefor or underwriter
thereof, the Company shall reimburse such person for the full amount of the
Registration Expenses so incurred, assumed or paid promptly after receipt of a
request therefor. Notwithstanding the foregoing, the holders of the Registrable
Securities being registered shall pay all agency fees and commissions and
underwriting discounts and commissions attributable to the sale of such
Registrable Securities and the fees and disbursements of any counsel or other
advisors or experts retained by such holders (severally or jointly), other than
the counsel and experts specifically referred to above.

     5. Representations and Warranties.

     Each of the Company and the Guarantor represents and warrants to, and
agrees with, each Purchaser that:

          (a) The compliance by the Company with all of the provisions of this
     Exchange and Registration Rights Agreement and the consummation of the
     transactions herein contemplated will not conflict with or result in a
     breach of any of the terms or provisions of, or constitute a default
     under, any indenture, mortgage, deed of trust, loan agreement or other
     agreement or instrument to which the Company or any subsidiary of the
     Company is a party or by which the Company or any subsidiary of the
     Company is bound or to which any of the property or assets of the Company
     or any subsidiary of the Company is subject, nor will such action result
     in any violation of the provisions of the certificate of incorporation, as
     amended, or the by-laws of the Company or the Guarantor or any statute or
     any order, rule or regulation of any court or governmental agency or body
     having jurisdiction over the Company or any subsidiary of the Company or
     any of their properties; and no consent, approval, authorization, order,
     registration or qualification of or with any such court or governmental
     agency or body is required for the consummation by the Company and the
     Guarantor of the transactions contemplated by this Exchange and
     Registration Rights Agreement, except the registration under the
     Securities Act of the Securities, qualification of the Indenture under the
     Trust Indenture Act and such consents, approvals, authorizations,
     registrations or qualifications as may be required under State securities
     or blue sky laws in connection with the offering and distribution of the
     Securities.

          (b) This Exchange and Registration Rights Agreement has been duly
     authorized, executed and delivered by the Company.

     6. Indemnification.

          (a) Indemnification by the Company and the Guarantor. The Company and
     the Guarantor, jointly and severally, will indemnify and hold harmless
     each of the holders of Registrable Securities included in an Exchange
     Registration Statement, each of the Electing Holders of Registrable
     Securities included in a Shelf Registration Statement and each person who
     participates as a placement or sales agent or as an underwriter in any
     offering or sale of such Registrable Securities against any losses,
     claims, damages or liabilities, joint or several, to which such holder,
     agent or underwriter may become subject under the Securities Act or
     otherwise, insofar as such losses, claims, damages or liabilities (or
     actions in respect thereof) arise out of or are based upon an untrue
     statement or alleged untrue statement of a material fact contained in any
     Exchange Registration Statement or Shelf Registration Statement, as the
     case may be, under which such Registrable Securities were registered under
     the Securities Act, or any preliminary, final or summary prospectus

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     contained therein or furnished by the Company to any such holder, Electing
     Holder, agent or underwriter, or any amendment or supplement thereto, or
     arise out of or are based upon the omission or alleged omission to state
     therein a material fact required to be stated therein or necessary to make
     the statements therein not misleading, and will reimburse such holder,
     such Electing Holder, such agent and such underwriter for any legal or
     other expenses reasonably incurred by them in connection with
     investigating or defending any such action or claim as such expenses are
     incurred; provided, however, that neither the Company nor the Guarantor
     shall be liable to any such person in any such case to the extent that any
     such loss, claim, damage or liability arises out of or is based upon an
     untrue statement or alleged untrue statement or omission or alleged
     omission made in such registration statement, or preliminary, final or
     summary prospectus, or amendment or supplement thereto, in reliance upon
     and in conformity with written information furnished to the Company by
     such person expressly for use therein.

          (b) Indemnification by the Holders and any Agents and Underwriters.
     The Company may require, as a condition to including any Registrable
     Securities in any registration statement filed pursuant to Section 2(b)
     hereof and to entering into any underwriting agreement with respect
     thereto, that the Company shall have received an undertaking reasonably
     satisfactory to it from the Electing Holder of such Registrable Securities
     and from each underwriter named in any such underwriting agreement,
     severally and not jointly, to (i) indemnify and hold harmless the Company,
     the Guarantor, and all other holders of Registrable Securities, against
     any losses, claims, damages or liabilities to which the Company, the
     Guarantor or such other holders of Registrable Securities may become
     subject, under the Securities Act or otherwise, insofar as such losses,
     claims, damages or liabilities (or actions in respect thereof) arise out
     of or are based upon an untrue statement or alleged untrue statement of a
     material fact contained in such registration statement, or any
     preliminary, final or summary prospectus contained therein or furnished by
     the Company to any such Electing Holder, agent or underwriter, or any
     amendment or supplement thereto, or arise out of or are based upon the
     omission or alleged omission to state therein a material fact required to
     be stated therein or necessary to make the statements therein not
     misleading, in each case to the extent, but only to the extent, that such
     untrue statement or alleged untrue statement or omission or alleged
     omission was made in reliance upon and in conformity with written
     information furnished to the Company by such Electing Holder or
     underwriter expressly for use therein, and (ii) reimburse the Company and
     the Guarantor for any legal or other expenses reasonably incurred by the
     Company and the Guarantor in connection with investigating or defending
     any such action or claim as such expenses are incurred.

          (c) Notices of Claims, Etc. Promptly after receipt by an indemnified
     party under subsection (a) or (b) above of notice of the commencement of
     any action, such indemnified party shall, if a claim in respect thereof is
     to be made against an indemnifying party pursuant to the indemnification
     provisions of or contemplated by this Section 6, notify such indemnifying
     party in writing of the commencement of such action; but the omission so
     to notify the indemnifying party shall not relieve it from any liability
     which it may have to any indemnified party otherwise than under the
     indemnification provisions of or contemplated by Section 6(a) or 6(b)
     hereof. In case any such action shall be brought against any indemnified
     party and it shall notify an indemnifying party of the commencement
     thereof, such indemnifying party shall be entitled to participate therein
     and, to the extent that it shall wish, jointly with any other indemnifying
     party similarly notified, to assume the defense thereof, with counsel
     reasonably satisfactory to such indemnified party (who shall not, except
     with the consent of the indemnified party, be counsel to the indemnifying
     party), and,

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     after notice from the indemnifying party to such indemnified party of its
     election so to assume the defense thereof, such indemnifying party shall
     not be liable to such indemnified party for any legal expenses of other
     counsel or any other expenses, in each case subsequently incurred by such
     indemnified party, in connection with the defense thereof other than
     reasonable costs of investigation. No indemnifying party shall, without
     the written consent of the indemnified party, effect the settlement or
     compromise of, or consent to the entry of any judgment with respect to,
     any pending or threatened action or claim in respect of which
     indemnification or contribution may be sought hereunder (whether or not
     the indemnified party is an actual or potential party to such action or
     claim) unless such settlement, compromise or judgment (i) includes an
     unconditional release of the indemnified party from all liability arising
     out of such action or claim and (ii) does not include a statement as to or
     an admission of fault, culpability or a failure to act by or on behalf of
     any indemnified party.

          (d) Contribution. If for any reason the indemnification provisions
     contemplated by Section 6(a) or Section 6(b) are unavailable to or
     insufficient to hold harmless an indemnified party in respect of any
     losses, claims, damages or liabilities (or actions in respect thereof)
     referred to therein, then each indemnifying party shall contribute to the
     amount paid or payable by such indemnified party as a result of such
     losses, claims, damages or liabilities (or actions in respect thereof) in
     such proportion as is appropriate to reflect (i) the relative benefits
     received by the indemnifying party and the indemnified party from the
     transactions herein contemplated or, if the allocation provided by the
     preceding clause (i) is not permitted under applicable law, not only the
     relative benefits referred to in the preceding clause (i), but also (ii)
     the relative fault of the indemnifying party and the indemnified party in
     connection with the statements or omissions which resulted in such losses,
     claims, damages or liabilities (or actions in respect thereof), as well as
     any other relevant equitable considerations. The relative fault of such
     indemnifying party and indemnified party shall be determined by reference
     to, among other things, whether the untrue or alleged untrue statement of
     a material fact or omission or alleged omission to state a material fact
     relates to information supplied by such indemnifying party or by such
     indemnified party, and the parties' relative intent, knowledge, access to
     information and opportunity to correct or prevent such statement or
     omission. The parties hereto agree that it would not be just and equitable
     if contributions pursuant to this Section 6(d) were determined by pro rata
     allocation (even if the holders or any agents or underwriters or all of
     them were treated as one entity for such purpose) or by any other method
     of allocation which does not take account of the equitable considerations
     referred to in this Section 6(d). The amount paid or payable by an
     indemnified party as a result of the losses, claims, damages, or
     liabilities (or actions in respect thereof) referred to above shall be
     deemed to include any legal or other fees or expenses reasonably incurred
     by such indemnified party in connection with investigating or defending
     any such action or claim. Notwithstanding the provisions of this Section
     6(d), no holder shall be required to contribute any amount in excess of
     the amount by which the dollar amount of the proceeds received by such
     holder from the sale of any Registrable Securities (after deducting any
     fees, discounts and commissions applicable thereto) exceeds the amount of
     any damages which such holder has otherwise been required to pay by reason
     of such untrue or alleged untrue statement or omission or alleged
     omission, and no underwriter shall be required to contribute any amount in
     excess of the amount by which the total price at which the Registrable
     Securities underwritten by it and distributed to the public were offered
     to the public exceeds the amount of any damages which such underwriter has
     otherwise been required to pay by reason of such untrue or alleged untrue
     statement or omission or alleged omission. No person guilty of fraudulent
     misrepresentation (within the meaning of Section 11(f) of the

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     Securities Act) shall be entitled to contribution from any person who was
     not guilty of such fraudulent misrepresentation. The holders' and any
     underwriters' obligations in this Section 6(d) to contribute shall be
     several in proportion to the principal amount of Registrable Securities
     registered or underwritten, as the case may be, by them and not joint.

          (e) The obligations of the Company and the Guarantor under this
     Section 6 shall be in addition to any liability which the Company or the
     Guarantor may otherwise have and shall extend, upon the same terms and
     conditions, to each officer, director and partner of each holder, agent
     and underwriter and each person, if any, who controls any holder, agent or
     underwriter within the meaning of the Securities Act; and the obligations
     of the holders and any agents or underwriters contemplated by this Section
     6 shall be in addition to any liability which the respective holder, agent
     or underwriter may otherwise have and shall extend, upon the same terms
     and conditions, to each officer and director of the Company or the
     Guarantor and to each person, if any, who controls the Company within the
     meaning of the Securities Act.

     7. Underwritten Offerings.

          (a) Selection of Underwriters. If any of the Registrable Securities
     covered by the Shelf Registration are to be sold pursuant to an
     underwritten offering, the managing underwriter or underwriters thereof
     shall be designated by Electing Holders holding at least a majority in
     aggregate principal amount of the Registrable Securities to be included in
     such offering, provided that such designated managing underwriter or
     underwriters is or are reasonably acceptable to the Company.

          (b) Participation by Holders. Each holder of Registrable Securities
     hereby agrees with each other such holder that no such holder may
     participate in any underwritten offering hereunder unless such holder (i)
     agrees to sell such holder's Registrable Securities on the basis provided
     in any underwriting arrangements approved by the persons entitled
     hereunder to approve such arrangements and (ii) completes and executes all
     questionnaires, powers of attorney, indemnities, underwriting agreements
     and other documents reasonably required under the terms of such
     underwriting arrangements.

     8. Rule 144.

     The Company covenants to the holders of Registrable Securities that, to
the extent it shall be required to do so under the Exchange Act, the Company
shall timely file the reports required to be filed by it under the Exchange Act
or the Securities Act (including the reports under Section 13 and 15(d) of the
Exchange Act referred to in subparagraph (c)(1) of Rule 144 adopted by the
Commission under the Securities Act) and the rules and regulations adopted by
the Commission thereunder, and shall take such further action as any holder of
Registrable Securities may reasonably request, all to the extent required from
time to time to enable such holder to sell Registrable Securities without
registration under the Securities Act within the limitations of the exemption
provided by Rule 144 under the Securities Act, as such Rule may be amended from
time to time, or any similar or successor rule or regulation hereafter adopted
by the Commission. Upon the request of any holder of Registrable Securities in
connection with that holder's sale pursuant to Rule 144, the Company shall
deliver to such holder a written statement as to whether it has complied with
such requirements.

     The Guarantor covenants to the holders of Registrable Securities that, to
the extent it shall be required to do so under the Exchange Act, the Guarantor
shall timely file the reports required to be filed by it under the Exchange Act
or the Securities Act (including the reports

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under Section 13 and 15(d) of the Exchange Act referred to in subparagraph
(c)(1) of Rule 144 adopted by the Commission under the Securities Act) and the
rules and regulations adopted by the Commission thereunder, and shall take such
further action as any holder of Registrable Securities may reasonably request,
all to the extent required from time to time to enable such holder to sell
Registrable Securities without registration under the Securities Act within the
limitations of the exemption provided by Rule 144 under the Securities Act, as
such Rule may be amended from time to time, or any similar or successor rule or
regulation hereafter adopted by the Commission.

     9. Miscellaneous.

          (a) No Inconsistent Agreements. The Company represents, warrants,
     covenants and agrees that it has not granted, and shall not grant,
     registration rights with respect to Registrable Securities or any other
     securities which would be inconsistent with the terms contained in this
     Exchange and Registration Rights Agreement.

          (b) Specific Performance. The parties hereto acknowledge that there
     would be no adequate remedy at law if the Company or the Guarantor fails
     to perform any of its obligations hereunder and that the several
     Purchasers and the holders from time to time of the Registrable Securities
     may be irreparably harmed by any such failure, and accordingly agree that
     the several Purchasers and such holders, in addition to any other remedy
     to which they may be entitled at law or in equity, shall be entitled to
     compel specific performance of the obligations of the Company under this
     Exchange and Registration Rights Agreement in accordance with the terms
     and conditions of this Exchange and Registration Rights Agreement, in any
     court of the United States or any State thereof having jurisdiction.

          (c) Notices. All notices, requests, claims, demands, waivers and
     other communications hereunder shall be in writing and shall be deemed to
     have been duly given when delivered by hand, if delivered personally or by
     courier, or three days after being deposited in the mail (registered or
     certified mail, postage prepaid, return receipt requested) as follows: If
     to the Company, to it at 600 Grant Street, 60th Floor, Pittsburgh, PA
     15219, Attention: President, and if to a holder, to the address of such
     holder set forth in the security register or other records of the Company,
     or to such other address as the Company or any such holder may have
     furnished to the other in writing in accordance herewith, except that
     notices of change of address shall be effective only upon receipt.

          (d) Parties in Interest. All the terms and provisions of this
     Exchange and Registration Rights Agreement shall be binding upon, shall
     inure to the benefit of and shall be enforceable by the parties hereto and
     the holders from time to time of the Registrable Securities and the
     respective successors and assigns of the parties hereto and such holders.
     In the event that any transferee of any holder of Registrable Securities
     shall acquire Registrable Securities, in any manner, whether by gift,
     bequest, purchase, operation of law or otherwise, such transferee shall,
     without any further writing or action of any kind, be deemed a beneficiary
     hereof for all purposes and such Registrable Securities shall be held
     subject to all of the terms of this Exchange and Registration Rights
     Agreement, and by taking and holding such Registrable Securities such
     transferee shall be entitled to receive the benefits of, and be
     conclusively deemed to have agreed to be bound by all of the applicable
     terms and provisions of this Exchange and Registration Rights Agreement.
     If the Company shall so request, any such successor, assign or transferee
     shall agree in writing to acquire and hold the Registrable Securities
     subject to all of the applicable terms hereof.

                                       20

<PAGE>

                                                                 Execution Copy

          (e) Survival. The respective indemnities, agreements,
     representations, warranties and each other provision set forth in this
     Exchange and Registration Rights Agreement or made pursuant hereto shall
     remain in full force and effect regardless of any investigation (or
     statement as to the results thereof) made by or on behalf of any holder of
     Registrable Securities, any director, officer or partner of such holder,
     any agent or underwriter or any director, officer or partner thereof, or
     any controlling person of any of the foregoing, and shall survive delivery
     of and payment for the Registrable Securities pursuant to the Purchase
     Agreement and the transfer and registration of Registrable Securities by
     such holder and the consummation of an Exchange Offer.

          (f) Governing Law. This Exchange and Registration Rights Agreement
     shall be governed by and construed in accordance with the laws of the
     State of New York.

          (g) Headings. The descriptive headings of the several Sections and
     paragraphs of this Exchange and Registration Rights Agreement are inserted
     for convenience only, do not constitute a part of this Exchange and
     Registration Rights Agreement and shall not affect in any way the meaning
     or interpretation of this Exchange and Registration Rights Agreement.

          (h) Entire Agreement; Amendments. This Exchange and Registration
     Rights Agreement and the other writings referred to herein (including the
     Indenture and the form of Securities) or delivered pursuant hereto which
     form a part hereof contain the entire understanding of the parties with
     respect to its subject matter. This Exchange and Registration Rights
     Agreement supersedes all prior agreements and understandings between the
     parties with respect to its subject matter. This Exchange and Registration
     Rights Agreement may be amended and the observance of any term of this
     Exchange and Registration Rights Agreement may be waived (either generally
     or in a particular instance and either retroactively or prospectively)
     only by a written instrument duly executed by the Company and the holders
     of at least a majority in aggregate principal amount of the Registrable
     Securities at the time outstanding. Each holder of any Registrable
     Securities at the time or thereafter outstanding shall be bound by any
     amendment or waiver effected pursuant to this Section 9(h), whether or not
     any notice, writing or marking indicating such amendment or waiver appears
     on such Registrable Securities or is delivered to such holder.

          (i) Inspection. For so long as this Exchange and Registration Rights
     Agreement shall be in effect, this Exchange and Registration Rights
     Agreement and a complete list of the names and addresses of all the
     holders of Registrable Securities shall be made available for inspection
     and copying on any business day by any holder of Registrable Securities
     for proper purposes only (which shall include any purpose related to the
     rights of the holders of Registrable Securities under the Securities, the
     Indenture and this Agreement) at the offices of the Company at the address
     thereof set forth in Section 9(c) above, upon reasonable notice to the
     Company, and at the office of the Trustee under the Indenture.

          (j) Counterparts. This agreement may be executed by the parties in
     counterparts, each of which shall be deemed to be an original, but all
     such respective counterparts shall together constitute one and the same
     instrument.

                                       21

<PAGE>

                                                                 Execution Copy

         If the foregoing is in accordance with your understanding, please sign
and return to us one for the Company, the Guarantor and each of the several
Purchasers, plus one for each counsel, counterparts hereof, and upon the
acceptance hereof by you, on behalf of each of the several Purchasers, this
letter and such acceptance hereof shall constitute a binding agreement between
each of the several Purchasers, the Company and the Guarantor. It is understood
that your acceptance of this letter on behalf of each of the several Purchasers
is pursuant to the authority set forth in an agreement among the several
Purchasers, the form of which shall be submitted to the Company for examination
upon request, but without warranty on your part as to the authority of the
signers thereof.

                                       Very truly yours,

                                       H. J. Heinz Finance Company

                                       By:    /s/ Leonard A. Cullo, Jr.
                                          ..................................
                                              Leonard A. Cullo, Jr.
                                              President

                                       H. J. Heinz Company

                                       By:    /s/ Leonard A. Cullo, Jr.
                                          ..................................
                                              Leonard A. Cullo, Jr.
                                              Treasurer

Accepted as of the date hereof:

   J.P. Morgan Securities Inc.

   On behalf of each of the several Purchasers

By: /s/ Maria Sramek
   .................................................
   Maria Sramek
   Vice President

                                       22

<PAGE>

                                                                      Exhibit A

                          H. J. Heinz Finance Company

                        INSTRUCTION TO DTC PARTICIPANTS

                               (Date of Mailing)

                     URGENT - IMMEDIATE ATTENTION REQUESTED

                        DEADLINE FOR RESPONSE: [DATE] *

The Depository Trust Company ("DTC") has identified you as a DTC Participant
through which beneficial interests in the H. J. Heinz Finance Company (the
"Company"), the 6.75% Guaranteed Notes due March 15, 2032 (the "Securities")
are held.

The Company is in the process of registering the Securities under the
Securities Act of 1933 for resale by the beneficial owners thereof. In order to
have their Securities included in the registration statement, beneficial owners
must complete and return the enclosed Notice of Registration Statement and
Selling Securityholder Questionnaire.

It is important that beneficial owners of the Securities receive a copy of the
------------------------------------------------------------------------------
enclosed materials as soon as possible as their rights to have the Securities
--------------------------------------
included in the registration statement depend upon their returning the Notice
and Questionnaire by [Deadline For Response]. Please forward a copy of the
enclosed documents to each beneficial owner that holds interests in the
Securities through you. If you require more copies of the enclosed materials or
have any questions pertaining to this matter, please contact H. J. Heinz
Finance Company, 600 Grant Street, 60th Floor, Pittsburgh, PA 15219; Attention:
President.

---------
* Not less than 28 calendar days from date of mailing.

                                       A-1

<PAGE>

                                                                 Execution Copy

                          H. J. Heinz Finance Company

                        Notice of Registration Statement
                                      and
                      Selling Securityholder Questionnaire
                      ------------------------------------

                                     (Date)

Reference is hereby made to the Exchange and Registration Rights Agreement (the
"Exchange and Registration Rights Agreement") between H. J. Heinz Finance
Company (the "Company"), H. J. Heinz Company (the "Guarantor") and the several
Purchasers named therein. Pursuant to the Exchange and Registration Rights
Agreement, the Company has filed with the United States Securities and Exchange
Commission (the "Commission") a registration statement on Form [S-_] (File No.
333-____) (the "Shelf Registration Statement") for the registration and resale
under Rule 415 of the Securities Act of 1933, as amended (the "Securities
Act"), of the Company's 6.75% Guaranteed Notes due March 15, 2032 (the
"Securities"). A copy of the Exchange and Registration Rights Agreement is
attached hereto. All capitalized terms not otherwise defined herein shall have
the meanings ascribed thereto in the Exchange and Registration Rights
Agreement.

Each beneficial owner of Registrable Securities (as defined below) is entitled
to have the Registrable Securities beneficially owned by it included in the
Shelf Registration Statement. In order to have Registrable Securities included
in the Shelf Registration Statement, this Notice of Registration Statement and
Selling Securityholder Questionnaire ("Notice and Questionnaire") must be
completed, executed and delivered to the Company's counsel at the address set
forth herein for receipt ON OR BEFORE [Deadline for Response]. Beneficial
owners of Registrable Securities who do not complete, execute and return this
Notice and Questionnaire by such date (i) will not be named as selling
securityholders in the Shelf Registration Statement and (ii) may not use the
Prospectus forming a part thereof for resales of Registrable Securities.

Certain legal consequences arise from being named as a selling securityholder
in the Shelf Registration Statement and related Prospectus. Accordingly,
holders and beneficial owners of Registrable Securities are advised to consult
their own securities law counsel regarding the consequences of being named or
not being named as a selling securityholder in the Shelf Registration Statement
and related Prospectus.

The term "Registrable Securities" is defined in the Exchange and Registration
          ----------------------
Rights Agreement.

                                       A-2

<PAGE>

                                                                 Execution Copy

                                    ELECTION

The undersigned holder (the "Selling Securityholder") of Registrable Securities
hereby elects to include in the Shelf Registration Statement the Registrable
Securities beneficially owned by it and listed below in Item (3). The
undersigned, by signing and returning this Notice and Questionnaire, agrees to
be bound with respect to such Registrable Securities by the terms and
conditions of this Notice and Questionnaire and the Exchange and Registration
Rights Agreement, including, without limitation, Section 6 of the Exchange and
Registration Rights Agreement, as if the undersigned Selling Securityholder
were an original party thereto.

Upon any sale of Registrable Securities pursuant to the Shelf Registration
Statement, the Selling Securityholder will be required to deliver to the
Company and Trustee the Notice of Transfer set forth in Appendix A to the
Prospectus and as Exhibit B to the Exchange and Registration Rights Agreement.

The Selling Securityholder hereby provides the following information to the
Company and represents and warrants that such information is accurate and
complete:

                                       A-3

<PAGE>

                                                                 Execution Copy

                                 QUESTIONNAIRE

(1)  (a)  Full Legal Name of Selling Securityholder:

          ---------------------------------------------------------------------

     (b)  Full Legal Name of Registered Holder (if not the same as in (a) above)
          of Registrable Securities Listed in Item (3) below:

          ---------------------------------------------------------------------

     (c)  Full Legal Name of DTC Participant (if applicable and if not the
          same as (b) above) Through Which Registrable Securities Listed in
          Item (3) below are Held:

          ---------------------------------------------------------------------

(2)       Address for Notices to Selling Securityholder:

                                ---------------------------------------

                                ---------------------------------------

                                ---------------------------------------
           Telephone:
                                ---------------------------------------
           Fax:
                                ---------------------------------------
           Contact Person:
                                ---------------------------------------

(3)  Beneficial Ownership of Securities:

     Except as set forth below in this Item (3), the undersigned does not
     beneficially own any Securities.

     (a)  Principal amount of Registrable Securities beneficially owned:_______
          CUSIP No(s). of such Registrable Securities:_________________________

     (b)  Principal amount of Securities other than Registrable Securities
          beneficially owned:__________________________________________________
          CUSIP No(s). of such other Securities:_______________________________

     (c)  Principal amount of Registrable Securities which the undersigned
          wishes to be included in the Shelf Registration Statement:___________
          CUSIP No(s). of such Registrable Securities to be included in the
          Shelf Registration Statement:________________________________________

(4)  Beneficial Ownership of Other Securities of the Company:

     Except as set forth below in this Item (4), the undersigned Selling
     Securityholder is not the beneficial or registered owner of any other
     securities of the Company, other than the Securities listed above in Item
     (3).

     State any exceptions here:

                                       A-4

<PAGE>

                                                                 Execution Copy

(5)  Relationships with the Company:

     Except as set forth below, neither the Selling Securityholder nor
     any of its affiliates, officers, directors or principal equity
     holders (5% or more) has held any position or office or has had any
     other material relationship with the Company (or its predecessors
     or affiliates) during the past three years.

     State any exceptions here:

(6)  Plan of Distribution:

     Except as set forth below, the undersigned Selling Securityholder
     intends to distribute the Registrable Securities listed above in
     Item (3) only as follows (if at all): Such Registrable Securities
     may be sold from time to time directly by the undersigned Selling
     Securityholder or, alternatively, through underwriters,
     broker-dealers or agents. Such Registrable Securities may be sold
     in one or more transactions at fixed prices, at prevailing market
     prices at the time of sale, at varying prices determined at the
     time of sale, or at negotiated prices. Such sales may be effected
     in transactions (which may involve crosses or block transactions)
     (i) on any national securities exchange or quotation service on
     which the Registered Securities may be listed or quoted at the time
     of sale, (ii) in the over-the-counter market, (iii) in transactions
     otherwise than on such exchanges or services or in the
     over-the-counter market, or (iv) through the writing of options. In
     connection with sales of the Registrable Securities or otherwise,
     the Selling Securityholder may enter into hedging transactions with
     broker-dealers, which may in turn engage in short sales of the
     Registrable Securities in the course of hedging the positions they
     assume. The Selling Securityholder may also sell Registrable
     Securities short and deliver Registrable Securities to close out
     such short positions, or loan or pledge Registrable Securities to
     broker-dealers that in turn may sell such securities.

     State any exceptions here:

By signing below, the Selling Securityholder acknowledges that it understands
its obligation to comply, and agrees that it will comply, with the provisions
of the Exchange Act and the rules and regulations thereunder, particularly
Regulation M.

In the event that the Selling Securityholder transfers all or any portion of
the Registrable Securities listed in Item (3) above after the date on which
such information is provided to the Company, the Selling Securityholder agrees
to notify the transferee(s) at the time of the transfer of its rights and
obligations under this Notice and Questionnaire and the Exchange and
Registration Rights Agreement.

By signing below, the Selling Securityholder consents to the disclosure of the
information contained herein in its answers to Items (1) through (6) above and
the inclusion of such information in the Shelf Registration Statement and
related Prospectus. The Selling Securityholder understands that such
information will be relied upon by the Company in connection with the
preparation of the Shelf Registration Statement and related Prospectus.

                                       A-5

<PAGE>

                                                                 Execution Copy

In accordance with the Selling Securityholder's obligation under Section 3(d)
of the Exchange and Registration Rights Agreement to provide such information
as may be required by law for inclusion in the Shelf Registration Statement,
the Selling Securityholder agrees to promptly notify the Company of any
inaccuracies or changes in the information provided herein which may occur
subsequent to the date hereof at any time while the Shelf Registration
Statement remains in effect. All notices hereunder and pursuant to the Exchange
and Registration Rights Agreement shall be made in writing, by hand-delivery,
first-class mail, or air courier guaranteeing overnight delivery as follows:

           (i)  To the Company:

                                     -------------------------

                                     -------------------------

                                     -------------------------

                                     -------------------------

                                     -------------------------

           (ii) With a copy to:

                                     -------------------------

                                     -------------------------

                                     -------------------------

                                     -------------------------

                                     -------------------------

Once this Notice and Questionnaire is executed by the Selling Securityholder
and received by the Company's counsel, the terms of this Notice and
Questionnaire, and the representations and warranties contained herein, shall
be binding on, shall inure to the benefit of and shall be enforceable by the
respective successors, heirs, personal representatives, and assigns of the
Company and the Selling Securityholder (with respect to the Registrable
Securities beneficially owned by such Selling Securityholder and listed in Item
(3) above. This Agreement shall be governed in all respects by the laws of the
State of New York.

                                       A-6

<PAGE>

                                                                 Execution Copy

IN WITNESS WHEREOF, the undersigned, by authority duly given, has caused this
Notice and Questionnaire to be executed and delivered either in person or by
its duly authorized agent.

Dated:
        ----------------------------

                  -------------------------------------------------------------
                  Selling Securityholder
                  (Print/type full legal name of beneficial owner of
                  Registrable Securities)

                  By:----------------------------------------------------------
                  Name:
                  Title:

PLEASE RETURN THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE FOR RECEIPT
ON OR BEFORE [DEADLINE FOR RESPONSE] TO THE COMPANY'S COUNSEL AT:

                                    -------------------------

                                    -------------------------

                                    -------------------------

                                    -------------------------

                                    -------------------------

                                       A-7

<PAGE>

                                                                 Execution Copy

                                                                       Exhibit B

             NOTICE OF TRANSFER PURSUANT TO REGISTRATION STATEMENT

Bank One, National Association
H. J. Heinz Finance Company
c/o Bank One, National Association
1111 Polaris Parkway
Suite 1K - Mail Code OH1-0181
Columbus, OH  43240

Attention:  Trust Officer

         Re:      H. J. Heinz Finance Company (the "Company")
                  6.75% Guaranteed Notes due March 15, 2032

Dear Sirs:

Please be advised that __________________________ has transferred $__________
aggregate principal amount of the above-referenced Notes pursuant to an
effective Registration Statement on Form [S-___] (File No. 333-_______) filed
by the Company.

We hereby certify that the prospectus delivery requirements, if any, of the
Securities Act of 1933, as amended, have been satisfied and that the
above-named beneficial owner of the Notes is named as a "Selling Holder" in the
Prospectus dated [date] or in supplements thereto, and that the aggregate
principal amount of the Notes transferred are the Notes listed in such
Prospectus opposite such owner's name.

Dated:

                                      Very truly yours,

                                             ----------------------------------
                                             (Name)

                                      By:    ----------------------------------
                                             (Authorized Signature)

                                      B-1

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