Three Months Ended		October 2, 2004			September 27, 2003
Net Sales		$	1,486,454		$	709,471
Costs and Expenses
Cost of sales			1,296,959			660,085
Cost of sales - restructuring			8,178			--
Non-recurring recoveries			(23,815	)		(10,477	)
Selling, general and administrative			73,960			34,141
			1,355,282			683,749
Operating Income			131,172			25,722
Other Expense (Income):
Interest expense, net			11,471			9,146
Foreign exchange (gain) loss			(123	)		107
Miscellaneous, net			3,225			(457	)
Total other expenses, net			14,573			8,796
Income before income taxes			116,599			16,926
Income tax expense (benefit)			44,269			(8,148	)
Net Income		$	72,330		$	25,074
Net income per common share
-basic and diluted		$	1.09		$	0.61
Dividends declared per common share		$	0.015		$	0.015
Weighted average shares outstanding			66,555,733			41,112,679

Fiscal Year Ended		October 2, 2004			September 27, 2003
Net Sales		$	5,363,723		$	2,619,345
Costs and Expenses
Cost of sales			4,813,353			2,465,341
Cost of sales - restructuring			64,160			--
Non-recurring recoveries			(23,891	)		(46,479	)
Selling, general and administrative			241,570			136,870
Other restructuring charges			7,923			--
			5,103,115			2,555,732
Operating Income			260,608			63,613
Other Expense [Income]:
Interest expense, net			52,129			37,981
Foreign exchange loss (gain)			205			(359	)
Miscellaneous, net			4,445			(37,244	)
Total other expenses, net			56,779			378
Income before income taxes			203,829			63,235
Income tax expense			78,448			7,199
Net Income		$	125,381		$	56,036
Net income per common share
-basic and diluted		$	2.00		$	1.36
Dividends declared per common share		$	0.06		$	0.06
Weighted average shares outstanding			62,646,692			41,112,679

		October 2, 2004			September 27, 2003
ASSETS
Cash		$	38,165		$	16,606
Other current assets			992,545			474,102
Total current assets			1,030,710			490,708
Other Assets			50,086			31,302
Property, Plant and Equipment, net			1,178,675			735,474
Total Assets		$	2,259,471		$	1,257,484
LIABILITIES AND STOCKHOLDERS' EQUITY
Current maturities of long-term debt		$	8,428		$	2,680
Other current liabilities			624,997			276,909
Total Current Liabilities			633,425			279,589
Long-Term Debt, Less Current Maturities			535,866			415,965
Deferred Income Taxes			168,974			113,988
Minority Interest in Subsidiary			1,210			1,246
Total Stockholders' Equity			919,996			446,696
Total Liabilities and Stockholders’ Equity		$	2,259,471		$	1,257,484

(a)	Included in the three month period ended October 2, 2004, EBITDA results were Cost of sales-restructuring related amounts of $8.2 million associated with the
	previously announced sale of the Company’s Hinton, Virginia, turkey operations.
(b)	Included in the fiscal year ended October 2, 2004, EBITDA results were Cost of sales-restructuring related amounts and Other restructuring charges of  $64.2 million
	and $7.9 million, respectively, associated with the previously announced sale of the Company’s Hinton, Virginia, turkey operations.

Pilgrim’s Pride Corporation Pro forma Financial Information (in thousands except per share amounts) (Unaudited) The unaudited pro forma financial information has been presented as if the acquisition of the ConAgra chicken division had occurred as of the beginning of each period presented. For the three month and annual periods ended September 27, 2003, the ConAgra Chicken division information has been included with a one-month lag to the Pilgrim’s Pride reporting period in order to maintain their existing quarterly periods.
Three Months Ended		October 2, 2004						September 27, 2003
Net sales					$	1,486,454					$	1,317,612
Depreciation and amortization					$	25,487					$	30,640
Cost of sales-restructuring					$	8,178					$	--
Operating income					$	131,172					$	32,128
Interest expense, net					$	11,471					$	17,313
Income tax expense (benefit)					$	44,269					$	(11,172	)
Net income					$	72,330					$	26,231
Net income per common share					$	1.09					$	0.39
Capital Expenditures					$	23,805					$	25,834
Fiscal Year Ended		October 2, 2004						September 27, 2003
Net sales					$	5,824,515					$	4,968,356
Depreciation and amortization					$	120,833					$	116,854
Cost of sales-restructuring					$	64,160					$	--
Other restructuring charges					$	7,923					$	--
Operating income					$	285,897					$	60,572
Interest expense, net					$	56,500					$	70,813
Income tax expense (benefit)					$	87,222					$	(5,963	)
Net income					$	139,665					$	34,731
Net income per common share					$	2.08					$	0.52
Capital Expenditures					$	83,571					$	89,874

Three Months Ended		October 2, 2004			September 27,2003
Net Income		$	72.3		$	25.1
Less: Non-recurring recoveries (net of tax)			14.8			6.3
Net income excluding non-recurring recoveries			57.5			18.8
Plus: Turkey restructuring and related charges (net of tax)			5.1			--
Less: Mexico tax adjustment			--			16.9
Net income adjusted for unusual items		$	62.6		$	1.9
		Per Share Amount
Net Income		$	1.09		$	0.61
Less: Non-recurring recoveries (net of tax)			0.22			0.15
Net income excluding non-recurring recoveries			0.87			0.46
Plus: Turkey restructuring and related charges (net of tax)			0.08			--
Less: Mexico tax adjustment			--			0.41
Net income adjusted for unusual items		$	0.95		$	0.05

Fiscal Year Ended		October 2, 2004			September 27,2003
Net Income		$	125.4		$	56.0
Less: Non-recurring recoveries (net of tax)			15.4			46.6
Net income excluding non-recurring recoveries			110.0			9.4
Plus: Turkey restructuring and related charges (net of tax)			44.3			--
Less: Mexico tax adjustment			--			16.9
Net income adjusted for unusual items		$	154.3		$	(7.5	)
		Per Share Amount
Net Income		$	2.00		$	1.36
Less: Non-recurring recoveries (net of tax)			0.25			1.13
Net income excluding non-recurring recoveries			1.75			0.23
Plus: Turkey restructuring and related charges (net of tax)			0.71			--
Less: Mexico tax adjustment			--			0.41
Net income adjusted for unusual items		$	2.46		$	(0.18	)