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Company Spotlight

Bridgford FOODS CORPORATION

January 11, 1988

ADDRESS: 1308 N. Patt St., Anaheim. BUSINESS: The company makes and distributes refrigerated, frozen and snack food products. ASSETS: $13.3 million. NUMBER OF EMPLOYEES: 450.

TOP EXECUTIVES: Name H. William Bridgford Position Chairman Cash Compensation $89,700 Name Allan L. Bridgford Position President Cash Compensation 89,700 Name Hugh H. Bridgford Position Vice president Cash Compensation 89,700 Name Robert E. Schulze Position Vice president, treasurer, assistant secretary Cash Compensation 81,900 Name Salvatore F. DeGeorge Position Vice president Cash Compensation 75,814 Source: Bridgford proxy report dated March 9, 1987. BOARD OF DIRECTORS Name H. William Bridgford Age 55 Occupation Chairman of the company Shares owned NA % of total shares 10.31 Name Allan L. Bridgford Age 52 Occupation President of the company Shares owned NA % of total shares 18.45 Name Hugh H. Bridgford Age 78 Occupation Vice president of the company Shares owned NA % of total shares 21.59 Name Robert E. Schulze Age 52 Occupation Vice president and treasurer of the company Shares owned -- % of total shares -- Name W. Harold Lang Age 85 Occupation Former president, W. H. Lang Corp. Shares owned -- % of total shares -- Name Harlan J. Nissen Age 84 Occupation Former president, Terminal Refrigerating Co. Shares owned -- % of total shares -- Name William E. Wiley Jr. Age 64 Occupation Partner, FitzPatrick & Wiley Shares owned -- % of total shares -- Source: Bridgford proxy report dated March 9, 1987. FINANCIAL RESULTS Fiscal year ends Oct. 30. Earnings and revenue in millions of dollars.

1987 1986 1985 1984 Sales $56.5 $54.1 $50.6 $50.9 Earnings 1.6 0.6 0.2 0.4 Per share* 0.86 0.33 0.12 0.21

* Adjusted for 3-for-2 stock split paid Jan. 4. STOCK DATA Stock exchange, symbol NASDAQ, BRID Shares outstanding (Jan. 4) 1,879,089 52-week high 16 52-week low $3.875 Friday's closing price per share $14.75, up 25 cents Market value of common stock $27.7 million

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