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Table of Contents

Innovation Drives Global Growth at Heinz

To Our Shareholders

Selected Financial Highlights

Heinz Acquires Premium Frozen Dessert Manufacturer

StarKist Rides Innovation Wave

Driving Excitement for Heinz

Heinz Venezuela Harvesting Success for 40 Years

Heinz Partners With Pittsburgh's FreeMarkets for E-fficiency

Heinz Packages Another Big Award

Magnificent Marketers Recognized by Industry Leaders

Heinz Tomatosphere Has Out-of-This-World Benefits

Eat Your Vegetables from Wattie's

Heinz Is a "Natural"

Procter & Gamble Makes Smooth Choice

Wattie's Goes Fruity!

Canada is 'Full of Beans'

It Pays To Be First in 2001


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  2001 Second Quarter
Procter & Gamble Makes Smooth Choice
WITH HEINZ PORTION PAC



The favorite peanut butter of choosy moms, Procter & Gamble's Jif, recently chose Heinz's Portion Pac Inc. to package and distribute portion control sizes of Jif and Jif Smooth Sensations® for foodservice.

Portion Pac's license with Procter & Gamble includes Jif creamy peanut butter as well as all three varieties of Jif Smooth Sensations: Chocolate Silk, Berry Blend
and Apple Cinnamon.

The partnership will make the strongest name in peanut butter portable and accessible to Portion Pac's growing roster of food-service clients while extending Portion Pac's market-leading product portfolio.