Chiquita Provides Update to Shareholders; Postpones Special Meeting Of Chiquita Shareholders

Chiquita Brands International, Inc.

("Chiquita") today announced that it has postponed the Special Meeting of Shareholders to vote on the proposed transaction with Fyffes plc

("Fyffes") to October 3, 2014. The meeting had been scheduled for September 17, 2014. In addition, Fyffes proposes to seek adjournments of the Court Meeting and EGM convened for September 17, 2014 and, subject to any direction of the Irish High Court, to reconvene such meetings for October 3, 2014. The Company also announced Fyffes has granted Chiquita a waiver that permits Chiquita to engage in discussions with the Cutrale Group and the Safra Group ("Cutrale / Safra"). Accordingly, Chiquita has sent a letter to Cutrale / Safra indicating its willingness to offer to Cutrale / Safra the opportunity to conduct focused due diligence and present its final and best offer. Chiquita does not expect to update the market with any further information unless and until the Board has reached a decision on a definitive course of action. In the interim, Chiquita continues to recommend that its shareholders vote "FOR" the Fyffes transaction and the other proposals on the WHITE proxy card. A copy of the waiver letter provided by Fyffes will be filed with the SEC as an exhibit to a Current Report on Form 8-K.