26.06.2007 13:00:00

Landec Corporation Added to the Russell 3000 Index

Landec Corporation (Nasdaq: LNDC), a developer and marketer of patented polymer products for food, agriculture and licensed partner applications, announced today that its stock has been added to the Russell 3000® Index, effective June 25, 2007. The annual reorganization process for the Russell U.S. indexes identifies the largest 3,000 U.S. stocks, ranking them by total market capitalization as of the end of May, and these companies become the Russell 3000. The largest 1,000 companies in this index comprise the Russell 1000® and the next 2,000 companies comprise the Russell 2000®. The Russell 3000 serves as the U.S. component to the Russell Global Index, which Russell launched earlier this year. Membership in the Russell 3000 remains in place for one year. Landec’s addition to the Russell 3000 means inclusion in the Russell 2000 as well as in the appropriate growth and investment style indexes. "We are pleased that Landec has been added to the Russell 3000, which reflects Landec’s continuing progress in operating results and in market value, while increasing our exposure to a broader investment community,” commented Gary Steele, President and Chief Executive Officer of Landec. About Russell Investment Group Russell Investment Group provides strategic advice, world-class implementation, state-of-the-art performance benchmarks, and a range of institutional-quality investment products. With more than $200 billion in assets under management, Russell serves individual, institutional and advisor clients in more than 40 countries. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. Founded in 1936, Russell is a subsidiary of Northwestern Mutual Life Insurance Company. For more information on Russell indexes, go to www.russell.com. About Landec Landec Corporation designs, develops, manufactures and sells temperature-activated and other specialty polymer products for a variety of food, agricultural and licensed partner applications. The Company's temperature-activated polymer products are based on its proprietary Intelimer® polymers which differ from other polymers in that they can be customized to abruptly change their physical characteristics when heated or cooled through a pre-set temperature switch. For more information about Landec, visit Landec’s website at www.landec.com.

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