EX-99.1 2 ex99-1.txt PRESS RELEASE OF SEABOARD CORPORATION Exhibit 99.1 PRESS RELEASE REPORT OF EARNINGS May 10, 2010 Shawnee Mission, Kansas The following is a report of earnings for Seaboard Corporation (NYSE AMEX symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the three months ended April 3, 2010 and April 4, 2009, in thousands of dollars except share and per share amounts. Three Months Ended April 3, April 4, 2010 2009 Net sales $1,020,276 $ 917,568 Net earnings attributable to Seaboard $ 62,778 $ 15,973 Net earnings per common share $ 50.84 $ 12.89 Average number of shares outstanding 1,234,710 1,239,207 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 the Quarterly Report on Form 10-Q on its website at http://www.seaboardcorp.com/investor-sec.aspx.