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Application has been made to the Stock Exchange of Singapore Limited (the ``SES'' or the ``Stock Exchange'') for permission to deal in, and for quotation of, all the ordinary shares of par value US$0.01 each (each a ``Share'') in the capital of Del Monte Pacific Limited (the ``Company'') already issued (the ``Existing Shares'') as well as 142,857,143 new Shares to be issued (the ``New Shares''). Such permission will be granted when the Company has been admitted to the Official List of the SES. Acceptance of applications for Shares will be conditional upon permission being granted to deal in, and for quotation of, all the Existing Shares as well as the New Shares. Quotation of, and dealing in, the Shares will be in US dollars. Moneys paid in respect of any application accepted will be returned without interest or any share of revenue or other benefit arising therefrom and at the applicant's own risk, if the said permission is not granted. The SES assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this Prospectus. Admission to the Official List of the SES is not to be taken as an indication of the merits of the Invitation (as defined herein), the Company or its subsidiaries, the Existing Shares or the New Shares. A copy of this Prospectus has been lodged with, and registered by, the Registrar of Companies and Businesses in Singapore who takes no responsibility for its contents. Offer Shares and Placement Shares (each as defined herein) will be offered and sold outside the United States to non-US persons in reliance on Regulation S under the United States Securities Act of 1933, as amended (the ``Securities Act''), and Placement Shares will also be offered and sold to qualified institutional buyers as defined in, and in reliance on, Rule 144A under the Securities Act. See ``Risk Factors'' for a discussion of certain factors that should be carefully considered by prospective investors.

DEL MONTE PACIFIC LIMITED(Incorporated in the British Virgin Islands with limited liability on 27th May, 1999)

Invitation in respect of 142,857,143 New Shares and 142,858,000 Existing Shares of US$0.01 each comprising:(1) 57,142,000 Offer Shares, comprising: (i) (ii) 28,571,000 Offer Shares at S$1.071 each by way of public offer; and 28,571,000 Offer Shares at US$0.63 each reserved for employees of the Group (as defined herein) and others whom the Company believes have contributed to the success of the Group (the ``Reserved Shares''); and

(2)

228,573,143 Placement Shares at US$0.63 each by way of placement,

payable in full on application (subject to the Over-Allotment Option (as defined herein)) GLOBAL COORDINATOR AND BOOKRUNNER FOR THE INVITATION

ABN AMRO ROTHSCHILDJoint-Lead Managers of the Offer

ABN AMRO ROTHSCHILD

THE DEVELOPMENT BANK OF SINGAPORE LTD

Lead Manager of the Placement

ABN AMRO ROTHSCHILDCo-Lead Managers of the Placement

THE DEVELOPMENT BANK OF SINGAPORE LTD

MORGAN STANLEY DEAN WITTER

Co-Managers of the Placement

DEUTSCHE BANK ING BARINGS SG SECURITIES (SINGAPORE) PTE LTDThis Prospectus is dated 24th July, 1999

TABLE OF CONTENTS Page CORPORATE INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Companies within the Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PURCHASE BY THE COMPANY OF ITS OWN SHARES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . TAKE-OVERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELLING RESTRICTIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OVER-ALLOTMENT AND STABILISATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS . . . . . . . . . . . . . DETAILS OF THE INVITATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Listing on the Stock Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Indicative Timetable for Listing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PROSPECTUS SUMMARY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INVITATION STATISTICS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED PRO FORMA CONSOLIDATED FINANCIAL DATA . . . . . . . . . . . . . . . . . . . . . . . . RISK FACTORS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . USE OF PROCEEDS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SHARE CAPITAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OWNERSHIP STRUCTURE AND PRINCIPAL SHAREHOLDERS . . . . . . . . . . . . . . . . . . . . . . . RESTRUCTURING EXERCISE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BUSINESS OF THE GROUP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . History . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Del Monte Brand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Corporate Objectives and Strategy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Philippine Market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . International Markets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Marketing and Promotion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Competition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Competitive Strengths . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land Tenure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Environmental Compliance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 4 4 5 11 11 12 12 12 14 14 15 16 21 23 25 35 36 37 43 45 45 46 47 47 49 51 53 55 56 57 59 64 65 65

i

Research and Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Information System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Year 2000 Compliance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Intellectual Property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS . . . . . . . . . . . . DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES . . . . . . . . . . . . . . . . . . . . . . . . . . . . DIRECTORS' REPORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LETTER FROM THE AUDITORS AND REPORTING ACCOUNTANTS IN RELATION TO THE PRO FORMA CONSOLIDATED PROFIT FORECAST FOR THE YEAR ENDING 31ST DECEMBER, 1999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LETTER FROM THE AUDITORS AND REPORTING ACCOUNTANTS IN RELATION TO THE UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL STATEMENTS FOR THE FOUR MONTHS ENDED 30TH APRIL, 1998 AND 1999 . . . . . . UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL STATEMENTS OF THE GROUP FOR THE FOUR MONTHS ENDED 30TH APRIL, 1998 AND 1999 . . . . . . . . . . . . ACCOUNTANTS' REPORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . GENERAL AND STATUTORY INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . APPENDIX I APPENDIX II APPENDIX III APPENDIX IV APPENDIX V APPENDIX VI TERMS, CONDITIONS AND PROCEDURES FOR APPLICATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SUMMARY OF THE CONSTITUTION OF THE COMPANY AND BVI COMPANY LAW . . . . . . . . . . . . . . . . . . . . . .