Hillshire Brands Announces Spin-off; $3 Special Dividend

The Hillshire Brands Company HSH, formerly Sara Lee Corporation, today completed the previously announced separation of its international coffee & tea business. The separation was effected as follows: * A distribution of all of the common stock of the U.S. subsidiary that held Sara Lee's international coffee and tea business (“CoffeeCo”) was made to an exchange agent on behalf of the Sara Lee shareholders of record as of the close of business on June 14, 2012 (the “record date”). * Immediately after the distribution of the CoffeeCo common stock, CoffeeCo paid a $3.00 per share special dividend. The dividend was paid to CoffeeCo's shareholders of record as of the time immediately after the distribution of the CoffeeCo common stock, which were the Sara Lee shareholders of record as of the close of business on the record date.