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IMPORTANT TAX INFORMATION
                                REGARDING
                         1998 CASH DISTRIBUTIONS
                                   ON
                         DOLE FOOD COMPANY, INC.
                             COMMON SHARES


In 1998, Dole Food Company, Inc. paid four quarterly cash distributions of $.10

per share per quarter. In the Company's estimation, all four cash distributions are

returns of capital and are not taxable to Dole's shareholders. No foreign taxes

were paid.

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  • 1. IMPORTANT TAX INFORMATION REGARDING 1998 CASH DISTRIBUTIONS ON DOLE FOOD COMPANY, INC. COMMON SHARES In 1998, Dole Food Company, Inc. paid four quarterly cash distributions of $.10 per share per quarter. In the Company's estimation, all four cash distributions are returns of capital and are not taxable to Dole's shareholders. No foreign taxes were paid.