Press Release

As part of a continuous effort to create winning flavors for its customers, International Flavors & Fragrances Inc. (IFF) will begin construction on a new state-of-the-art Culinary & Bakery Center in the first quarter of 2004.

New York, New York (January 7, 2004)—As part of a continuous effort to create winning flavors for its customers, International Flavors & Fragrances Inc. (IFF) will begin construction on a new state-of-the-art Culinary & Bakery Center in the first quarter of 2004. The facility will be built at the existing North America Regional Creative Center in South Brunswick, New Jersey. Construction is expected to be completed by the end of 2004.

The new facility will enable IFF to better support customers' product development programs in the retail and foodservice markets. It will also expand the Company's capabilities in the savory and bakery categories. With an efficient design, the professional grade commercial kitchen will provide hands-on training and product demonstrations for customers.

“IFF is committed to developing the highest quality flavors that create marketplace success for its customers,” said IFF's Jim Dunsdon, Senior Vice President, Global Business Development, Flavors and Fragrances. “The value of the Culinary & Bakery Center is significant in that it will affect current and future growth in the savory and bakery categories, particularly with our increased focus on foodservice.”

The Culinary & Bakery Center will serve as the North American headquarters for the execution of IFF's global Culinessence™ program, which teams chefs from around the world to deliver authentic culinary taste through cutting-edge flavor technology. Trained experts, including flavorists, applications and R&D scientists, will work closely with the Center's executive and research chefs to execute the vision of the Culinary & Bakery Center.

Like CoolTek™, CapLock™, and other technological innovations announced earlier this year, the Culinary & Bakery Center is part of IFF's ongoing efforts to enhance its capabilities in the flavors business.

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About IFF

IFF is a leading creator and manufacturer of flavors and fragrances used in a wide variety of consumer products—from fine fragrances and toiletries, to soaps, detergents and other household products, to beverages and food products. IFF is dedicated to The Pursuit of Excellence in every area of its business, using knowledge, creativity, innovation and technology to continually provide customers with the highest quality products and service and superior consumer understanding.

IFF has sales, manufacturing and creative facilities in 34 countries worldwide and annual sales exceeding $1.8 billion. For more information, please visit our Web site at www.iff.com.


Contact:
Jan Little
IFF
(212) 708-7278
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