THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Tyson Foods, Inc. (TSN)

12/30/2005 Proxy Information

John Tyson is the son of Don Tyson. Barbara A. Tyson is a sister-in-law to Don Tyson and aunt of John Tyson.

Leland E. Tollett served as Chairman and Chief Executive Officer of Tyson Foods, Inc. from 1995 to 1998, when he retired and became a consultant to Tyson. He has been Tyson Foods employee since 1959, he also served as President and Chief Executive Officer from 1991 to 1995.

Barbara A. Tyson is a consultant to Tyson Foods, Inc. (Tyson). She served as Vice President of Tyson until October 1, 2002, when she retired and served in related capacities since 1988.

The following list is a summary of transactions during fiscal 2005 between the Company and its executive officers, directors, nominees, principal shareholders and other related parties involving amounts in excess of $60,000 or which the Company has chosen to voluntarily disclose. Most of the farm leases are for specialized swine farrowing and rearing facilities. These facilities are generally leased for terms not exceeding five years with renewal options in favor of the Company. The Company anticipates that it will continue certain leases under terms of the respective renewal options. All related party transactions described below (with the exceptions of numbers 8 and 9) have been reviewed by the Governance Committee to ensure the transactions are fair to the Company. Such review typically entails the receipt of appraisals or other information from independent third parties. The transactions described in 8 and 9 below, and any new related party transactions, will be reviewed by the Governance Committee.

1. During fiscal 2005, the Company leased certain farms from the following with aggregate lease payments as follows: (i) a partnership of which John Tyson and the Randal W. Tyson Testamentary Trust are the partners, $191,160; (ii) an entity in which the children of Don Tyson, including John Tyson, are owners, $191,160; (iii) the Tyson Children Partnership, in which the children of Don Tyson, including John Tyson, are partners, $450,000; (iv) JHT, LLC, of which Don Tyson and the Randal W. Tyson Testamentary Trust are the members and John Tyson is the manager, $30,000; and (v) the Leland E. Tollett Annuity Trust, $9,480.

2. The Company has an aircraft lease agreement with Tyson Family Aviation, LLC, of which Don Tyson, John Tyson and the Randal W. Tyson Testamentary Trust are members, with aggregate lease payments to Tyson Family Aviation, LLC during fiscal 2005 of $2,043,552.

3. A subsidiary of the Company, Cobb-Vantress, Inc., leases a breeder hen research and development farm from the Leland E. Tollett Annuity Trust and an entity in which the daughter of Leland E. Tollett is an owner, with aggregate payments of $624,077 during fiscal 2005.

4. The Company has an agreement with entities of which Don Tyson is a principal, with respect to the operation of a wastewater treatment plant which is located adjacent to and services the Company’s chicken processing facility in Nashville, Arkansas, with aggregate payments by the Company of $3,251,321 for fiscal 2005 pursuant to such agreement. Additionally, the Company has an agreement with the Tyson Limited Partnership and another entity in which Don Tyson is a principal, with respect to the operation of a wastewater treatment plant which is located adjacent to and services a chicken processing facility in Springdale, Arkansas, with aggregate payments by the Company of $1,803,007 for fiscal 2005 pursuant to such agreement. In the operation of each wastewater treatment plant, the entity which contracts with the Company is responsible for and pays substantially all of the operating costs of said plant.

5. During fiscal 2005, the Company leased office and warehouse space from entities in which the children of Don Tyson, including John Tyson, are partners or owners, with aggregate lease payments of $186,000.

6. On August 29, 2005, the Company purchased a 12.77 acre parcel of land adjacent to the Company’s Corporate Center for the sale price of $596,000 from JHT, LLC. The land is to be used for expansion of the Corporate Office Complex.

7. On September 30, 2005, entities owned by Don Tyson and John Tyson paid the Company $4,289,389 to purchase from the Company certain properties that were utilized for entertainment of and meetings with customers of the Company.

8. The Company made reimbursements totaling $59,906 to certain officers for their membership fees, company golf outings and business meals at The Blessings, a golf club, the majority of which is owned by Don Tyson, John Tyson, Barbara Tyson and one other child of Don Tyson.

9. During fiscal 2005 the Company paid Alltel Corporation $1,225,673 for cellular phone services. Scott T. Ford, a director of the Company, is the President and Chief Executive Officer of Alltel Corporation.

12/30/2004 Proxy Information

John Tyson is the son of Don Tyson. Barbara A. Tyson is the widow of Randal W. Tyson, who was the brother of Don Tyson and uncle of John Tyson.

1. During fiscal 2004, the Company leased certain farms from the following with aggregate lease payments as follows: (i) a partnership of which John Tyson and the Randal W. Tyson Testamentary Trust are the partners, $218,696; (ii) an entity in which the children of Don Tyson, including John Tyson, are owners, $286,596; (iii) the Tyson Children Partnership, in which the children of Don Tyson, including John Tyson are partners, $450,000; (iv) JHT, LLC, of which Don Tyson and the Randal W. Tyson Testamentary Trust are the members and John Tyson is the manager, $30,000; and (v) the Leland E. Tollett Annuity Trust, $10,270.

2. The Company has an aircraft lease agreement with Tyson Family Aviation, LLC, of which Don Tyson, John Tyson and the Randal W. Tyson Testamentary Trust are members, with aggregate lease payments to Tyson Family Aviation, LLC during fiscal 2004 of $2,043,551.

3. A subsidiary of the Company, Cobb-Vantress, Inc., leases a breeder hen research and development farm from the Leland E. Tollett Annuity Trust and an entity in which the daughter of Leland Tollett is an owner, with aggregate payments of $676,084 during fiscal 2004.

4. The Company previously entered into an agreement, which was amended effective October 1, 1997, with entities of which Don Tyson is a principal, with respect to the operation of a wastewater treatment plant which is located adjacent to and services the Company’s chicken processing facility in Nashville, Arkansas, with aggregate payments by the Company of $3,196,523 for fiscal 2004 pursuant to such agreement. Additionally, the Company has entered into an agreement with the Tyson Limited Partnership and another entity in which Don Tyson is a principal, with respect to the operation of a wastewater treatment plant which is located adjacent to and services a processing facility in Springdale, Arkansas, with aggregate payments by the Company of $2,012,542 for fiscal 2004 pursuant to such agreement.

5. During fiscal 2004, the Company leased office and warehouse space from entities in which the children of Don Tyson, including John Tyson, are partners or owners, with aggregate lease payments of $201,500.

6. On May 21, 2004, the Company purchased a 7.47 acre parcel of land adjacent to the Company’s Corporate Center for $355,668 (purchase price and closing costs) from JHT, LLC. The land is to be used for construction of facilities that will house expanded product development kitchens, a new pilot production plant, provide space for the consumer insights group and make provisions for team member development activities.

7. On January 29, 2004, after the Company made its quarterly earnings release on January 26, 2004, the Governance Committee approved the purchase by the Company of 1,028,577 shares of Class A Common Stock from Don Tyson. The stock purchase price was $15.11 per share, the closing price on January 29, 2004.

8. During fiscal 2004, the Company received payments from Don Tyson totalling $1,516,471 as reimbursement for certain perquisites and personal benefits received during fiscal years 1997 through 2003.

12/31/2003 Proxy Information

John Tyson is the son of Don Tyson. Barbara A. Tyson is the widow of Randal W. Tyson, who was the brother of Don Tyson and uncle of John Tyson.

1. During fiscal 2003, the Company leased certain farms from the following with aggregate lease payments as follows: (i) a partnership of which John Tyson and the Randal W. Tyson Testamentary Trust are partners, $211,056; (ii) entities in which Joe F. Starr and the children of Don Tyson, including John Tyson, are partners or owners, $327,456; (iii) the Tyson Children Partnership, of which John Tyson is a partner, $450,000; (iv) JHT, LLC, of which Don Tyson and the Randal W. Tyson Testamentary Trust are the members, $30,000; (v) Leland E. Tollett, $9,480; and (vi) Gerald M. Johnston, $218,177. Also during fiscal 2003, the Company leased certain farms under leases which terminated during fiscal 2003 from the following with aggregate lease payments as follows: (i) Don Tyson, $229,047; (ii) entities in which Joe F. Starr and the children of Don Tyson, including John Tyson, are partners or owners, $202,769; (iii) the Randal W. Tyson Testamentary Trust, $50,504; (iv) certain entities controlled by Joe F. Starr, $37,548; and (v) Leland E. Tollett, $76,530.

2. The Company has an aircraft lease agreement with Tyson Family Aviation, LLC, of which Don Tyson, John Tyson, the Randal W. Tyson Testamentary Trust and Joe F. Starr are members, with aggregate lease payments during fiscal 2003 of $2,043,552.

3. During fiscal 2003, the Company had a contract for swine growout services with a partnership in which Gerald M. Johnston and Donald E. Wray are among the partners with aggregate payments of $73,967. These swine growout services were discontinued during fiscal 2003.

4. A subsidiary of the Company, Cobb-Vantress, Inc., has a contract for a breeder hen research and development farm with Leland E. Tollett with aggregate payments of $624,077 during fiscal 2003.

5. Certain persons, including some executive officers and directors, are engaged in poultry growout operations whereby these persons purchase from the Company baby chicks, feed, veterinary and technical services, supplies and other related items necessary to grow these livestock to market age, at which time they are sold either to the Company or to unrelated parties. For fiscal 2003, the sales to the Company of the above-enumerated items, which were at fair market value, by such persons were: Don Tyson, $6,518,566; Joe F. Starr, $1,588,308; John Tyson, $1,595,169; Carla Tyson, daughter of Don Tyson and sister of John Tyson, $88,432, Cheryl Tyson, daughter of Don Tyson and sister of John Tyson, $66,311, entities in which Joe F. Starr and the children of Don Tyson, including John Tyson are partners or owners, $485,153, and a partnership in which children of Joe F. Starr are partners, $458,859. These poultry growout operations were discontinued during fiscal 2003.

6. During fiscal 2003, the Company had a contract for poultry growout services with an entity owned by Gerald M. Johnston with aggregate payments of $79,888. Also during fiscal 2003, the Company had a contract for poultry growout services with a partnership in which Gerald M. Johnston and Donald E. Wray are among the partners with aggregate payments of $58,809, which was discontinued during fiscal 2003.

7. The Company previously entered into an agreement, which was amended effective October 1, 1997, with entities of which Don Tyson is a principal, with respect to the operation of a waste water treatment plant which is located adjacent to and services the Company’s chicken processing facility in Nashville, Arkansas, with aggregate payments by the Company of $3,534,455 for fiscal 2003 pursuant to such agreement. Additionally, the Company has entered into an agreement with the Tyson Limited Partnership and another entity in which Don Tyson is a principal, with respect to the operation of a wastewater treatment plant which is located adjacent to and services a processing facility in Springdale, Arkansas, with aggregate payments by the Company of $1,824,448 for fiscal 2003 pursuant to such agreement.

8. During fiscal 2003, the Company leased office and warehouse space from entities in which Joe F. Starr and the children of Don Tyson, including John Tyson, are partners or owners, with aggregate lease payments of $186,000.

9. During fiscal 2003, Shelby Massey Farms, which is owned by Shelby Massey, received proceeds of $10,155,849 for cattle owned by Shelby Massey Farms, which cattle were fed at custom feedyards and sold to a subsidiary of the Company.