EX-99.1 2 ex99-1.txt PRESS RELEASE OF SEABOARD CORPORATION Exhibit 99.1 PRESS RELEASE REPORT OF EARNINGS September 27, 2008 Shawnee Mission, Kansas The following is a report of earnings for Seaboard Corporation (AMEX symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the quarters ended September 27, 2008 and September 29, 2007, in thousands of dollars except per share amounts. Three Months Ended Nine Months Ended September 27, September 29, September 27, September 29, 2008 2007 2008 2007 Net sales $1,131,691 $ 801,328 $3,125,310 $2,272,695 Net earnings $ 32,905 $ 52,572 $ 123,895 $ 144,584 Net earnings per common share $ 26.47 $ 41.75 $ 99.62 $ 114.69 Average number of shares outstanding 1,243,015 1,259,091 1,243,706 1,260,605 Notes to Report of Earnings: Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard has provided access to this Quarterly Report on Form 10-Q on its website at http://www.seaboardcorp.com/investors/Annual.aspx.