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Chairman and Chief Executive Officer Steve Davis said the Company's recent debt pay down, dividend increase and repurchase authorization are indicative of the Company's efforts to utilize its strong balance sheet to build stockholder value. "Increasing our dividend at the same time that we are repurchasing shares demonstrates our ongoing commitment to our stockholders," Davis said. "In addition, we have paid down $66 million of debt in the past 12 months on the strength of our cash flows. The solid overall financial position of our Company gives us the confidence to implement these financial strategic initiatives."

About Bob Evans Farms, Inc.

Bob Evans Farms, Inc. owns and operates full-service restaurants under the Bob Evans and Mimi's Cafe brand names. At the end of the second fiscal quarter (Oct. 23, 2009), Bob Evans owned and operated 569 family restaurants in 18 states, primarily in the Midwest, mid-Atlantic and Southeast regions of the United States, while Mimi's Cafe owned and operated 145 casual restaurants located in 24 states, primarily in California and other western states. Bob Evans Farms, Inc. is also a leading producer and distributor of pork sausage and a variety of complementary homestyle convenience food items under the Bob Evans and Owens brand names. For more information about Bob Evans Farms, Inc., visit the company's Web site at www.bobevans.com.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Bob Evans Farms, Inc.

CONTACT:  Bob Evans Farms, Inc.
David D. Poplar
(614) 492-4954

Expected next dividend:
Dividend Announcement Date: 8/19/2009
Dividend Record Date: 9/4/2009
Dividend Pay Date: 9/15/2009
Dividend Amount: 0.16

Each package comes with two, six-ounce microwavable containers, which serve as a great on-the-go lunch, after-school snack or dorm room staple. Starting at $3.79 per package and at less than two minutes of preparation, these hearty homestyle sides will please even the most budget-conscious consumer.

"They're the same homestyle favorites customers know and love, now in a convenient, individual-sized container to enjoy at home," said Elaine Burchfield, marketing manager for Bob Evans foods products. "These mouth-watering sides are made for an on-the-go lifestyle."

Busy customers looking to maximize their time can visit www.bobevansfoods.com to find a list of available Bob Evans grocery products sold at the nearest grocery store. The product description also highlights the nutritional information and featured recipes for that item.

"We want Bob Evans products to encourage customers to prepare a home-cooked meal, allowing them to enjoy the company of friends and family without spending hours in the kitchen," said Burchfield.

Bobevans.com features money-saving offers on select grocery products. Coupons can be found at http://www.bobevans.com/products/coupons.aspx.

About Bob Evans Farms, Inc.

Bob Evans Farms, Inc. owns and operates full-service restaurants under the Bob Evans and Mimi's Cafe brand names. At the end of the second fiscal quarter (Oct. 23, 2009), Bob Evans owned and operated 569 family restaurants in 18 states, primarily in the Midwest, mid-Atlantic and Southeast regions of the United States, while Mimi's Cafe owned and operated 145 casual restaurants located in 24 states, primarily in California and other western states. Bob Evans Farms, Inc. is also a leading producer and distributor of pork sausage and a variety of complementary homestyle convenience food items under the Bob Evans and Owens brand names. For more information about Bob Evans Farms, Inc., visit the company's Web site at www.bobevans.com.

Contact:
Ashley Sanders
SBC Public Relations
614-255-3270
Email Contact

Elaine Burchfield
Bob Evans
614-492-7463
Email Contact

SOURCE: Bob Evans Farms

http://www2.marketwire.com/mw/emailprcntct?id=3D87F71C90D14558
http://www2.marketwire.com/mw/emailprcntct?id=117E33A7F1786343