Grainnet

Decatur, IL—Archer Daniels Midland Company (NYSE: ADM) announced Feb. 2 that Alan Boeckmann, retired chairman and chief executive officer of Fluor Corporation, has been appointed to its Board of Directors and will serve on the Board’s Nominating/Corporate Governance and Compensation/Succession Committees.

His appointment, which increases the Board’s size to 11, is effective immediately.

Boeckmann served as the chief executive officer of Fluor Corporation from 2002-2011 and as non-executive chairman of its board of directors from 2011-2012. He is currently a director of Sempra Energy.

He previously served on ADM’s Board of Directors from 2004-2008.

He resigned from the ADM Board in 2008 because the bylaws of Fluor Corporation limited his participation to two external corporate boards at one time.

“We are pleased to welcome Alan back to ADM’s board,” said ADM Chairman and CEO Patricia Woertz.

“His expertise in emerging markets, leadership experience and proven ability to drive profitable growth make him an excellent addition, and I am certain we will benefit from his strategic counsel.”

Cash Dividend Declared

ADM’s Board of Directors also declared a cash dividend of 17.5 cents per share on the company’s common stock payable March 8, 2012, to Stockholders of record Feb. 16, 2012.

This is ADM’s 321st consecutive quarterly payment, a record of 80 years of uninterrupted dividends.

As of Dec. 31, 2011, there were 661,546,590 shares of ADM common stock outstanding.

For mroe information, call 217-424-5413.

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