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DuPont Pledges $1 Million to World Food Prize

Contribution Helps Establish Norman E. Borlaug Hall of Laureates

DES MOINES, Iowa, Feb. 7 /PRNewswire-FirstCall/ -- DuPont (NYSE: DD) today announced a $1 million contingent donation to fund the establishment of a permanent home for the World Food Prize in Des Moines. The donation will support the transformation of the former Des Moines Public Library into the Norman E. Borlaug Hall of Laureates and will be administered through DuPont business Pioneer Hi-Bred.

"The World Food Prize brings much-deserved recognition to those who are saving and improving millions of lives around the globe," said Paul Schickler, Pioneer president and DuPont vice president and general manager. "As a long- time major supporter of the Prize, we are pleased to help establish a permanent home honoring those who have dedicated their lives to saving others."

DuPont and its Pioneer business have been a major sponsor of the World Food Prize since 1996 through financial grants, hosting of the World Food Prize Youth Symposium and annual sponsorships including a sponsor program for two students in the Borlaug-Ruan International Intern program.

"Pioneer Hi-Bred has been a strong friend and consistent supporter of World Food Prize programs, including our Youth Institute and international internships," said Ambassador Kenneth Quinn, president of the World Food Prize Foundation. "On behalf of all of us at the foundation, I want to express our profound appreciation for this very special contribution as well as for all of their past support."

When completed, the Norman E. Borlaug Hall of Laureates will serve as a historical center to recognize the achievements of Nobel Peace Prize laureate and Iowa native Norman Borlaug as well as past World Food Prize laureates. It will host the annual World Food Prize International Symposium, which brings together dignitaries, scientists, nutritionists and other food and nutrition experts from around the world to discuss and share ideas about food and agricultural issues. It also will be the new home for the World Food Prize Global Youth Institute. The stately building sits on the bank of the Des Moines River in downtown Des Moines. It served as the Des Moines Public Library from 1903 until 2006.

The World Food Prize is the foremost international award recognizing -- without regard to race, religion, nationality, or political beliefs -- the achievements of individuals who have advanced human development by improving the quality, quantity or availability of food in the world.

The contingent donation will be paid in $250,000 increments as the World Food Prize meets certain fundraising milestones during the next four years.

Pioneer Hi-Bred, a DuPont business, is the world's leading source of customized solutions for farmers, livestock producers and grain and oilseed processors. With headquarters in Des Moines, Iowa, Pioneer provides access to advanced plant genetics in nearly 70 countries.

DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

The DuPont Oval Logo, DuPont(TM), The miracles of science(TM), and Pioneer(R) are registered trademarks or trademarks of DuPont or its affiliates.

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Caption: DuPont has pledged $1 million to the World Food Prize to assist with the transformation of the former Des Moines Public Library to the Norman E. Borlaug Hall of Laureates.

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