Press Release

IFF Declares Dividend for Fourth Quarter 2008

NEW YORK--(BUSINESS WIRE)--Dec. 9, 2008--International Flavors & Fragrances Inc. (NYSE: IFF), a leading global creator of flavors and fragrances for the consumer staples and products industry, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per share on the common stock of the corporation, payable on January 6, 2009 to shareholders of record on December 19, 2008.

About IFF:

IFF is a leading global creator of flavors and fragrances used in a wide variety of consumer products and packaged goods. Consumers experience these unique scents and tastes in fine fragrances and beauty care, detergents and household goods, as well as beverages, confectionery and food products. The Company leverages its competitive advantages of brand understanding and consumer insight combined with its focus on R&D and innovation, to provide customers with differentiated product offerings. A member of the S&P 500 Index, IFF has sales, manufacturing and creative facilities in 31 countries worldwide. For more information, please visit our Web site at

    CONTACT: International Flavors & Fragrances Inc.
             Richard O'Leary, 212-708-7291
             Interim Chief Financial Officer
             Melissa Sachs, 212-708-7278
             Manager, Corporate Communications

    Source: International Flavors & Fragrances Inc.