B&G Foods Joins Russell Microcap Index

  
    
  
  
    
      B&G Foods, Inc. (NYSE: BGS, BGF), a manufacturer and distributor of 
      high-quality, shelf-stable branded food products, announced today it was 
      added to the Russell Microcap™ Index under the 
      symbol “BGS” when 
      Russell Investment Group reconstituted its family of U.S. indexes on 
      June 22, according to the official membership list posted on www.russell.com.
    
    
      Membership in the Russell Microcap Index, which remains in place for one 
      year, means automatic inclusion in the appropriate growth and value 
      style indexes. Russell indexes are widely used by investment managers 
      and institutional investors for index funds and as benchmarks for both 
      passive and active investment strategies. An industry-leading $4 
      trillion in assets currently are benchmarked to them.
    
    
      Annual reconstitution of Russell’s U.S. 
      indexes captures the 4,000 largest U.S. stocks as of the end of May, 
      ranking them by total market capitalization to create the Russell 3000® 
      Index and Russell Microcap Index.
    
    
      Russell determines membership for its equity indexes primarily by 
      objective, market-capitalization rankings and style attributes. For 
      purposes of determining B&G Foods’ total 
      market capitalization, Russell included only those shares of B&G Foods’ 
      Class A Common Stock that trade separately under the symbol “BGS.” 
      The shares of the Company’s Class A Common 
      Stock that trade as part of the Company’s 
      Enhanced Income Securities, or EISs, under the symbol “BGF” 
      were excluded from the calculation. As a result, B&G Foods, which had 
      been included on a preliminary list of additions to the Russell 3000 
      Index, was not included on the final list of additions.
    
    
      B&G Foods has 36,778,988 shares of Class A Common Stock issued and 
      outstanding. As of the end of May, 16,778,988 shares of Class A Common 
      Stock traded separately under the symbol “BGS” 
      and 20,000,000 shares of Class A Common Stock traded as part of EISs 
      under the symbol “BGF.” 
      Each EIS consists of one share of Class A Common Stock and $7.15 
      principal amount of senior subordinated notes due 2016.
    
    
      About Russell
    
    
      Russell Investment Group aims to improve financial security for people 
      by providing strategic advice, world-class implementation, 
      state-of-the-art performance benchmarks, and a range of 
      institutional-quality investment products. With more than $200 billion 
      in assets under management, Russell serves individual, institutional and 
      advisor clients in more than 40 countries. Russell provides access to 
      some of the world’s best money managers. It 
      helps investors put this access to work in corporate defined benefit and 
      defined contribution plans, and in the life savings of individual 
      investors.
    
    
      Founded in 1936, Russell is a subsidiary of Northwestern Mutual Life 
      Insurance Company. Headquartered in Tacoma, Wash., U.S., Russell has 
      principal offices in Amsterdam, Auckland, Hong Kong, Johannesburg, 
      London, Melbourne, New York, Paris, San Francisco, Singapore, Sydney, 
      Tokyo and Toronto.
    
    
      Russell’s indexes are unmanaged and cannot be 
      invested in directly. For more information on Russell indexes, go to www.russell.com.
    
    
      About B&G Foods, Inc.
    
    
      B&G Foods and its subsidiaries manufacture, sell and distribute a 
      diversified portfolio of high-quality, shelf-stable foods across the 
      United States, Canada and Puerto Rico. B&G Foods’ 
      products include hot cereals, jams, jellies and fruit spreads, canned 
      meats and beans, spices, seasonings, marinades, hot sauces, wine 
      vinegar, maple syrup, molasses, salad dressings, Mexican-style sauces, 
      taco shells and kits, salsas, pickles and peppers and other specialty 
      food products. B&G Foods competes in the retail grocery, food service, 
      specialty store, private label, club and mass merchandiser channels of 
      distribution. Based in Parsippany, New Jersey, B&G Foods’ 
      products are marketed under many recognized brands, including Ac’cent, 
      B&G, B&M, Brer Rabbit, Cream of Rice, Cream of Wheat, Emeril’s, 
      Grandma’s Molasses, Joan of Arc, Las Palmas, 
      Maple Grove Farms of Vermont, Ortega, Polaner, Red Devil, Regina, San 
      Del, Sa-són Ac’cent, 
      Trappey’s, Underwood, Vermont Maid and 
      Wright’s.
    
    
      Forward-Looking Statements
    
    
      Statements in this press release that are not statements of 
      historical or current fact constitute “forward-looking 
      statements.” Such forward-looking 
      statements involve known and unknown risks, uncertainties and other 
      unknown factors that could cause the actual results of B&G Foods to be 
      materially different from the historical results or from any future 
      results expressed or implied by such forward-looking statements. In 
      addition to statements that explicitly describe such risks and 
      uncertainties readers are urged to consider statements labeled with the 
      terms “believes,” “belief,” 
      “expects,” “intends,” 
      “anticipates” or “plans” 
      to be uncertain and forward-looking. The forward-looking statements 
      contained herein are also subject generally to other risks and 
      uncertainties that are described from time to time in B&G Foods’ 
      filings with the Securities and Exchange Commission.