Tender Offer Relating to Technology Flavors & Fragrances, Inc. Common Stock Completed

Tender Offer Relating to Technology Flavors & Fragrances, Inc.
Common Stock Completed 


UPPLE SADDLE RIVER, N.J., June 22  /PRNewswire-FirstCall/ -- A cash tender
offer to acquire the outstanding shares of Technology Flavors & Fragrances,
Inc. ("TFF") (AMEX:TFF) for $1.55 net per share, without interest, has been
completed by FFG Industries, Inc. ("FFG"), through its wholly owned subsidiary
FFG Merger Corporation.  Approximately 12,298,956 shares of TFF common stock,
representing approximately 95.82% of TFF's outstanding common stock, were
tendered in the offer.  FFG has accepted for payment all validly tendered
shares.  Payments for accepted shares will be made through Mellon Investor
Services LLC, the depositary for the offer.

FFG intends to complete its acquisition of TFF through a merger as promptly as
practicable.  As a result of the merger, all remaining publicly held shares of
TFF common stock that were not validly tendered and purchased in the tender
offer, except those shares for which appraisal rights under applicable law are
properly exercised, will be converted into the right to receive $1.55 net per
share in cash, without interest, subject to applicable withholding.

Following the merger, TFF will become a wholly owned subsidiary of FFG. 

DATASOURCE: FFG Industries, Inc.



CONTACT:  Mellon Investor Services LLC, 1-888-509-7935



Web site:  http://www.chasemellon.com/ 

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