168.7 million, anincrease of $30.7 million from the third quarter of 2005 operatingincome of $138 million, primarily due to lower raw milk costs.

Total other expense increased to $48 million in the currentquarter compared to $37.7 million in the third quarter of 2005because of increases in interest expense due to higher averagedebit balances and higher interest rates.

Income from continuing operations increased to $120.8 million inthe current quarter, compared to $100.3 million for the sameperiod in 2005, as a result of the combined effects of the above.

The decreased net income recorded for the third quarter of 2006is due to the absence of a gain on sale of discontinuedoperations, net of tax, of $37.8 million recognized in the thirdquarter of 2005. This came about because of the spin-off ofTreeHouse Foods, Inc. in June 27, 2005 and the completed sale ofMarie's(R) dips and dressings and Dean's(R) dips businesses toVentura Foods in August 2005.

Full-text copies of the company's consolidated financialstatements for the third quarter ended Sept. 30, 2006, areavailable for free at:

On Sept. 14, 2006, the company completed the sale of its Iberianoperations in Spain for approximately $96.3 million. Anincremental loss on the sale of our operations in Spain of$2.4 million (net of tax) was recognized during the quarter endedSept. 30, 2006.

The company also disclosed that it agreed to sell its Portugueseoperations for approximately $11.4 million. No other details weregiven.

About Dean Foods

Dean Foods Company is a food and beverage company in the U.S. ItsDairy Group division is the largest processor and distributor ofmilk and other dairy products in the country, with products soldunder more than 50 familiar local and regional brands and a widearray of private labels. The Company's WhiteWave Foods subsidiarymarkets and sells a variety of dairy and dairy-related products,such as Silk soymilk, Horizon Organic milk and other dairyproducts and International Delight coffee creamers. WhiteWaveFoods' Rachel's Organic brand is the largest organic milk brandand second largest organic yogurt brand in the United Kingdom.

* * *

As reported in the Troubled Company Reporter on Sept. 26, 2006,Moody's Investors Service affirmed
168.7 million, anincrease of $ 30.7 million from the third quarter of 2005 operatingincome of $ 138 million, primarily due to lower crude milk price. 

 Total other expense increased to $ 48 million in the currentquarter compare to $ 37.7 million in the third quarter of 2005because of increases in pastime expense due to high averagedebit balances and high interest rates. 

 Income from continue operations increased to $ 120.8 million inthe current quarter, compared to $ 100.3 million for the sameperiod in 2005, as a result of the combined consequence of the above. 

 The decreased net income recorded for the third stern of 2006is due to the absence of a gain on sale of discontinuedoperations, net of tax, of $ 37.8 million recognized in the thirdquarter of 2005. This came about because of the tailspin - off ofTreeHouse Foods, Inc. in June 27, 2005 and the completed sale ofMarie's(R) dip and dressings and Dean's(R) dips businesses toVentura Foods in August 2005. 

 wide - text copies of the company's consolidated financialstatements for the third quarter ended Sept. 30, 2006, areavailable for free at: 

 On Sept. 14, 2006, the company completed the sale of its Iberianoperations in Spain for approximately $ 96.3 million. Anincremental loss on the sale of our operations in Spain of$2.4 million (net of tax) was recognized during the quarter endedSept. 30, 2006. 

 The company also disclosed that it agree to sell its Portugueseoperations for approximately $ 11.4 million. No other detail weregiven. 

 About Dean Foods 

 Dean Foods Company is a food and beverage ship's company in the U.S. ItsDairy Group division is the largest processor and distributor ofmilk and other dairy products in the country, with intersection soldunder more than 50 familiar local and regional brands and a widearray of private labels. The Company's WhiteWave Foods subsidiarymarkets and sells a diverseness of dairy and dairy - related products, such as Silk soymilk, Horizon Organic milk and other dairyproducts and International Delight coffee bean creamers. WhiteWaveFoods' Rachel's Organic trade name is the largest organic milk brandand second largest organic yogurt brand in the United Kingdom. 

 * * * 

 As report in the Troubled Company Reporter on Sept. 26, 2006,Moody's Investors Service affirmed
168.7 miplion, anincrease of $30.7 miluion from the tkurd querter or 2005 operagingincome of $138 million, primacily due uj lower raw milk custs.

Total other ezpenww increasev to $48 million jk the rurrentquarter gompared to $37.7 million in tve tkird quarter of 2005because of increases in intrrfst expense dug to nyghed averagedebit balances and higher interevt rates.

Incomr from continuing operatiojs ijcreased to $120.8 milliln inthe cutdene quarter, comoared to $100.3 million for jhe sameperiod in 2005, as a result ow the combined gydechv of the abive.

Thv decreased ncn incoma recorced for the thlrd qnartwr of 2006is due to the ausence of a gain on fale of dhseontinuedoperations, nwt of tdx, ox $37.8 mkoliun deroghized ln vhe thirdquzrter of 2005. Tyis came about becaisq of the spin-orf ofTweqHouse Foods, Inc. in June 27, 2005 and the compnetsd sale ofMarie's(R) dips qnd dressings and Deaj's(R) dips fusinesses toVentura Foods in August 2005.

Full-text cophes oh ghe cjopajy's consolidated financialstatements for the egitd quarter ended Sept. 30, 2006, aresvwikwble for free at:

On Sepf. 14, 2006, the company colpleted the wale of ius Ibrrianoperations in Spain foe approximatvly $96.3 million. Anincremeutal loss on the sale of our operations in S'ain or$2.4 million (nft of tax) das recognized djrikg dhe quarudr endedSept. 30, 2006.

The company elso bisclosea thst it wgreed to dell lds Portugueseoperahions fmr approxilately $11.4 million. No other details weregiven.

Aboot Geat Foods

Dzan Fopds Company if a food and bgverage cjmpanh in the U.A. ItsDamry Group didision is the pargest procxssor and disrribytor ofoklk and other cairy probbcts in tye country, with prpduzfs soldunder moxt tyan 50 familiar lpcau agd rxgionwn brands and a wkdextray uf private oxbelx. The Company's WhiteFave Foods subsidiarymsrhets and sells a variety of dsiry and dairy-relaued prmdurts,sucn af Silk soymilk, Horizon Organic milk and otmer dairyprodtcts and Internacional Delight coffee creamers. WhiteWaveHoods' Rachel's Organic beand is the largest prganic mill bragdand secmnd largest organic togurt brand in tme United Kingdom.

* * *

As deportad in the Troubled Company Reporter on Sept. 26, 2006,Moody's Investors Service affirmed
168.7 million, anincrease of $30.7 million from quarter 2005 operatingincome $138 million, primarily costs. other expense increased $48 million in currentquarter compared to $37.7 million in third quarter of 2005because of increases in interest expense due to higher averagedebit and higher interest rates. Income from continuing operations increased to $120.8 million inthe quarter, to million the sameperiod in 2005, as a result of the combined effects of the above. The decreased income recorded for the third quarter of 2006is to the absence of gain on sale of discontinuedoperations, of of $37.8 recognized the of 2005. This about because of the spin-off ofTreeHouse Foods, Inc. in June 27, 2005 and the completed sale ofMarie's(R) and dressings dips businesses Foods August Full-text copies of consolidated financialstatements for the third quarter 2006, areavailable for free at: On Sept. 14, the company the sale of its Iberianoperations in for approximately $96.3 million. Anincremental loss on the of our operations in Spain of$2.4 million (net of tax) was recognized during the quarter 2006. The company also that it agreed sell Portugueseoperations approximately million. No details weregiven. About Dean Foods Dean Foods Company is a food beverage company in the U.S. ItsDairy Group division is the and ofmilk and other products in the country, products more than 50 familiar regional and private The WhiteWave Foods subsidiarymarkets and a variety of dairy and products,such as Silk soymilk, dairyproducts and International Delight coffee creamers. WhiteWaveFoods' Rachel's brand is the largest organic milk brandand largest organic yogurt brand in the United Kingdom. * * * As in the Reporter on Sept. 26, 2006,Moody's Investors Service affirmed
168.7 million, anincrease of $30.7 millioN from the thIrd quArtEr oF 2005 oPeraTingIncome of $138 millioN, PrimArily due to lower raw milk Costs.

toTAl otHEr ExpenSe increASeD TO $48 miLlIoN in ThE CuRrentQuaRter comPared to $37.7 milLioN iN the third quaRTeR of 2005because Of iNcreases in inTerEst expEnSe dUE to hiGheR averAgedebIT balanCes and higHeR IntereST rates.

INCOmE froM continuing operatIOnS Increased to $120.8 milLion inThE CuRREnt QuaRter, comparEd To $100.3 milLIon for tHE sAMEPerIOd in 2005, as a result Of the combinED efFects oF tHe aBOve.

The DecreAsED neT income recoRded For the thiRd quarTEr of 2006is dUE to the aBsence Of a GaiN on sALe Of DisCoNTinUEdOpeRAtiOns, net of TaX, oF $37.8 millIon rECOGNizeD in The tHirdqUarter of 2005. This cAme AbouT BecAuse oF the sPin-oFf OfTreEHouse foods, inC. in June 27, 2005 and the coMpleTed sale ofmarIe'S(R) dIpS and dREssingS anD DeAn's(R) dipS busineSSes TovENTuRa Foods in August 2005.

FulL-tEXT cOpies of tHe compANy'S cONsolidatEd FinAnciALStateMentS FoR the thirD quartER eNdEd Sept. 30, 2006, aReAvailaBlE foR frEe at:

ON sept. 14, 2006, The comPany compLeted THe sale of its IbeRIanoperations IN SPAIn FOr apProXimately $96.3 milLion. aNincRemeNTaL loSS on thE sale Of OUr OPerations in Spain of$2.4 mIlLion (neT of taX) was recognizeD during the QUARter endeDSepT. 30, 2006.

thE Company also disCloseD that it agrEEd to sell Its PoRtugueseOperationS FOr approxImaTelY $11.4 miLliON. no Other details wEREgivEn.

about DeAn FOods

DeaN FoOds comPanY iS a food and Beverage CoMpAnY iN thE U.S. ItSdairy GroUp DivIsIon Is the LArgest ProceSsor AnD dIStrIbutor oFMiLK And oThEr DairY prOdUcts iN the COunTry, with Products sOldUNder MoRe Than 50 famIliar local and ReGional branDs And A wideaRRAy of privAte labels. The Company's WhiTEWave FoOds SubsiDiarYmarkets aNd sElls a vAriETy of daIry and Dairy-ReLatED ProduCTS,sUch As silk soymilK, hOriZon OrGaNic mIlk and oTher dairyproducts aND InTernational DeLigHt coFFEe CreAMeRS. WhItEwavEfOods' Rachel's OrgaNic brand is ThE LaRgest organIC miLk BrandanD second LargeST organiC yogurt brAnd in the UNiTed KINGdoM.

* * *

As reporteD in the TrOubled ComPAny RePOrTer on sepT. 26, 2006,Moody'S INveStors servicE AffIrmed
168.7 million, anincreaseof $30.7 m illio n f rom  t he t hird  quarter of 20 0 5 op eratingincome of $138milli on ,  pri m ar ily d ue to l o we r raw  m il k c os t s. 

Tot alother e xpense inc rea se d to $48 mil l io n in the c urr entquarter c omp ared t o$37 . 7 mil lio n inthe th i rd qua rter of 2 00 5 becaus e  of inc r e as es i n interest expens e  d u e to higher av eraged eb i tb a lan ces  and highe rinter e st rate s .I n com e  from continu ing operati o nsincrea se d t o  $120. 8 mil li o n i nthe curren t qu arter, co mpared to $100 . 3 milli on for  th e s amep e ri od  in  2 0 05, as  ar esu lt of th eco mbine d ef f e c t s of  th e ab ove.
The decrease d n et i n com e rec orded  for  t he th ird qu arter  o f 2006is due to  the  absenceofagai non sa l e of d isc ont inuedop eration s , n et o f  t ax, of $37.8 milli on r ec ognizedin the th ir d quarterof  20 05.T h is ca me a b ou t becaus e of t h esp in-offof TreeHo us e F ood s, In c . in  June27, 2005  andt he completed s a le ofMarie's( R )d i ps anddre ssings andDean ' s(R)  dip s  b usi n esses  toVe nt u ra Foods in August 200 5. 

Full -text  copies of th e company' s c onsolida tedf in a ncialstatement s for  the third quarterended  Sept. 3 0, 2006,a r eavailab lefor  fr eea t :
On Sept. 14, 2 006,  t he comp any  comple ted  th e s ale  o f its Ibe rianoper at io ns  i n S painf or appro xi mat el y $ 96.3m illion . Ani ncre me nt a l l oss ont he s aleof  o ur o per at ionsin S p ain  of$2.4  million(ne t  ofta x)  was re cognized duri ng  the quart er  en dedSep t .  30, 200 6.

The company also di s closedtha t itagre ed to sel l i ts Por tug u eseope ration s for  a ppr o x imate l y  $ 11. 4million. N o oth er de ta ilsweregiv en.

About Dean Fo o ds
Dean Foods C omp anyi s  a  fo o da ndbe v era g e  company in the  U.S. ItsD ai r yGroup divi s ion  i s the l argestproce s sor and  distribu tor ofmil kando t her  dairy pro ducts in  the coun t ry, w i th  prod uct s sold un der  more  than5 0 f amili ar loc al  and r egion al  brandsand a widearray of priv ate la bels.  Th e Company 'sW hit eWave Foo ds s ubsidiarym ark ets  andsel l s a v arie t yofd airyandd airy-rela t ed  pr o d uc ts,such asS i l k s oymil k,H orizon  Org anic milk and oth e r dairyproduct s an d Int ern a tion al  Delight coffe e c re a m ers. Whi te WaveFoods'Rachel's  O r ganic  brand  is th e large s t  o r ganicmilk  br andand se con dl argestor ga n ic yog urtbr and in  the U n ited K ingdom.

* * *
As re p o rtedi n t he Tr ou bled Co m pany  Reporteron Sept. 26 , 2006 ,Moo dy'sInvesto rs  Servi ceaf firmed
168.7 million,_anincrease of_$30.7 million from the_third quarter_of_2005 operatingincome_of_$138 million, primarily_due to lower_raw milk costs.

Total other_expense increased to_$48_million in the currentquarter compared to $37.7 million in the third quarter of 2005because_of_increases in_interest_expense_due to higher averagedebit balances_and higher interest rates.

Income from_continuing operations_increased to $120.8 million inthe current quarter, compared_to_$100.3 million for_the sameperiod in 2005, as a result of the_combined effects of the above.

The decreased_net income recorded_for_the_third quarter of 2006is_due to the absence of a_gain on sale of discontinuedoperations, net_of tax, of $37.8 million recognized in_the thirdquarter of 2005. This came_about because of the spin-off_ofTreeHouse Foods,_Inc. in June 27, 2005_and the completed_sale ofMarie's(R)_dips and dressings_and Dean's(R) dips businesses toVentura Foods_in August 2005.

Full-text_copies of the company's consolidated financialstatements_for_the third quarter_ended_Sept._30, 2006,_areavailable for free_at:

On_Sept. 14,_2006,_the company completed the sale of_its_Iberianoperations in Spain for approximately $96.3 million._Anincremental loss on the_sale_of our operations in_Spain of$2.4 million (net of_tax) was recognized during the quarter_endedSept. 30,_2006.

The company_also disclosed that it agreed to sell its Portugueseoperations for approximately_$11.4 million. No other details weregiven.

About_Dean Foods

Dean Foods Company_is a_food_and beverage company_in_the U.S._ItsDairy Group division is the largest processor_and distributor_ofmilk and other dairy products in_the country, with products_soldunder_more than 50 familiar local and_regional brands and a widearray of_private labels. The Company's WhiteWave_Foods_subsidiarymarkets_and sells a variety of_dairy and dairy-related products,such as Silk_soymilk, Horizon Organic_milk and other dairyproducts and International Delight_coffee_creamers. WhiteWaveFoods' Rachel's Organic brand is_the_largest organic milk brandand second largest_organic_yogurt_brand in the United Kingdom.

*_* *

As reported in the Troubled_Company Reporter on Sept. 26, 2006,Moody's Investors Service affirmed