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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Slow ketchup is good. Slow purchasing of goods and services is not. That's why Heinz has signed a contract with Pittsburgh-based FreeMarkets, a leading provider of Internet-based business-to-business services, to help it procure goods and services online for its worldwide operations.

"FreeMarkets is a key piece of our e-sourcing strategy, and we look forward to leveraging the company's technology, information, and services to enhance the efficiency of our procurement process and create benefits for our organization and its shareholders," said Heinz Vice President and Chief Procurement Officer R. Scott Allen.

FreeMarkets uses the Internet to conduct reverse auctions, in which suppliers bid for contracts from companies like Heinz. More than 5,600 suppliers from more than 50 countries have participated in FreeMarkets' eMarketplace.

"We are very pleased that Heinz is choosing our B2B eMarketplace as part of its e-sourcing strategy to deliver savings and reduced sourcing process time to Heinz's operations around the globe,'' said Jason Reneau, FreeMarkets' Director of Consumer Business.