Meat Industry INSIGHTS Newsletter

980652 GoodMark Foods Declares Cash Dividend

June 19, 1998

Raleigh, NC - Ron E. Doggett, Chairman and Chief Executive Officer of GoodMark Foods, Inc., announced that the Board of Directors has declared a regular quarterly cash dividend of $.06 per share. The dividend, which represents an annualized payout of $.24 per share, is payable July 31, 1998, to shareholders of record on July 15, 1998.

GoodMark Foods is the nation's leading producer and marketer of meat snacks. Its principal brands include Slim Jim, Penrose, and Pemmican meat snacks; and Andy Capp's grain snacks. The Company's common stock is traded on the Nasdaq Stock Market (National Market) under the symbol GDMK.

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