Exhibit 99.3

                      Chiquita Brands International, Inc.
             Certain Projected Results for the Years 2001 to 2005

The following projections of certain annual Consolidated Income Statement
results ("Projected Information") for the years 2001 through 2005 (the
"Projection Period") were prepared in March 2001 and updated in May 2001 to
reflect estimated cost reductions expected to result from the European
Union/United States agreement in April 2001 to reform the EU's banana import
regime. The Projected Information was based on assumptions made at the time it
was prepared and does not necessarily reflect the Company's current estimates of
future operating results.

The Projected Information is based upon estimates and hypothetical assumptions
made by the Company's management. These include, but are not limited to,
estimates and assumptions with respect to product sales volume and pricing by
market, product sourcing, foreign exchange rates, production costs, logistics
costs, and capital spending. These estimates and assumptions are subject to
uncertainties and contingencies, and were based on factors such as industry
performance, general business, economic, competitive, regulatory and market and
financial conditions prevailing at the time, all of which are difficult to
predict and generally beyond the Company's control. They do not, except as
reflected in the footnote to the table below, take into account the effect of
any events or changed circumstances subsequent to May 2001, including the
potential direct or indirect effects of the terrorist actions in the United
States on September 11, 2001. Because subsequent events and circumstances may
have been or may be different from those assumed, it is expected that there will
be differences between actual and projected results and actual results may be
materially greater or less than those contained in the Projected Information.
Therefore, the Projected Information may not be relied upon as a guaranty or
other assurance of the actual results that will occur. The inclusion of the
Projected Information herein should not be regarded as an indication that the
Company considered or considers the Projected Information to be a reliable
prediction of future events.

The Projected Information was not prepared with a view toward compliance with
the guidelines established by the American Institute of Certified Public
Accountants or the rules and regulations of the Securities and Exchange
Commission regarding projections. Furthermore, neither the Company's independent
certified public accountants nor any other independent accountants have audited,
reviewed, compiled, examined or performed any other procedures with respect to
the Projected Information, including to determine the reasonableness of the
Projected Information or the assumptions underlying it, nor have they expressed
any opinion or any other form of assurance on the results reflected in the
Projected Information or their achievability, and they assume no responsibility
for the Projected Information.

The Projected Information should be read in conjunction with the Company's
historical consolidated financial information (including the notes and schedules
thereto) and the other information set forth in the Company's Annual Report on
Form 10-K for the year ended December 31, 2000 and Quarterly Reports on Form 10-
Q for the quarters ended March 31 and June 30, 2001 as well as the Quarterly
Report on Form 10-Q for the quarter ended September 30, 2001, when it is filed.

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     ($ million)    Projected    Projected    Projected    Projected    Projected
                       2001        2002          2003         2004         2005
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     Net Sales        $2,192      $2,388        $2,481       $2,583       $2,661
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     EBITDA*             165         230           246          257          265
     ----------------------------------------------------------------------------


          *Amounts represent earnings before taxes, net interest expense,
          depreciation and amortization, and before restructuring costs and
          other unusual items. EBITDA should not be considered an alternative to
          Net Income as a measure of the Company's operating results. Although
          the Company has not updated the Projected Information, it believes
          that, as a result of current business, economic, competitive,
          regulatory, market and financial conditions, EBITDA before
          restructuring costs and other unusual items for 2001 may be in the
          range of $155-$165 million (compared to the Company's EBITDA for 2000
          of $145 million).

In April 2001, the United States and the European Commission entered into an
agreement which contemplates a partial redistribution of licenses for the
importation of Latin American bananas under a tariff rate quota system for
historical operators. That agreement took effect on July 1, 2001 and is
scheduled to continue throughout the Projection Period. As a result, the
Projected Information assumes that during that period the Company would be
required to purchase fewer import licenses in the European market in order to
meet its current customer demand. This reduction in purchased licenses results
in significant cost savings in the Projected Information from 2002-2005.

The Projected Information includes "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. All Projected
Information that forecasts or addresses events, developments or financial
results that the Company expects, believes or estimates will or may occur in the
future are forward-looking statements that are intended to be covered by the
safe harbor provisions of that Act. The Projected Information is based on the
Company's assumptions and estimates made in light of its experience and analysis
of historical trends, current conditions, expected future developments and other
factors it believed appropriate under the circumstances at the time prepared.
They are subject to a number of assumptions, risks and uncertainties, many of
which are beyond the control of Chiquita, including the implementation of a
restructuring of the Company's parent company debt, the implementation of the
U.S.-EU agreement, described above, regarding the EU's banana import regime, the
continuing availability of sufficient borrowing capacity or other financing to
fund operations, capital spending and working capital requirements, the prices
at which the Company can sell its products, the costs at which it can purchase
or grow (and availability of) fresh produce and other raw materials, currency
exchange rate fluctuations, natural disasters and unusual weather conditions,
operating efficiencies and ability to implement planned actions, labor
relations, actions of governmental bodies, and other market and competitive
conditions. Investors are cautioned that the forward-looking statements speak as
of the date made and are not guarantees of future performance. Actual results or
developments may differ materially from the expectations expressed or implied in
the forward-looking statements, and the Company undertakes no obligation to
update any such statements.

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