Kellogg: Announces 2010 Share Repurchase Program

Battle Creek / MG. (kc) Kellogg Company announced that its Board of Directors declared a dividend of 0,375 USD per share on the common stock of the Company, payable on December 15, 2009, to shareowners of record at the close of business on December 02, 2009. The ex-dividend date is November 30, 2009. This is the 340th consecutive quarter since 1925 that Kellogg Company has paid a dividend to owners of common stock. The Company also announced that its Board of Directors authorized the repurchase of up to 650 million USD of common stock during 2010. Furthermore, the Board of Directors approved the rollover into 2010 of any portion of the 2009 650 million USD share repurchase authorization that remains unused by the end of the 2009 fiscal year. «We recognize the importance of returning cash flow to shareowners and are pleased to continue our consistent history of share repurchases and dividends despite the challenging economic environment», said David Mackay, Kellogg´s chief executive officer.