MENLO PARK, Calif. – June 10, 2008 – Landec Corporation (Nasdaq: LNDC), a developer and marketer of technology-based polymer products for food, agricultural and licensed partner applications and Monsanto Company (NYSE: MON) announced today that Monsanto’s vegetable seed company, Seminis Vegetable Seeds, Inc., and Landec’s food subsidiary, Apio, Inc., have entered into a collaboration agreement to develop novel broccoli and cauliflower products for the exclusive sale by Apio in defined market segments and channels.

As part of the agreement, Apio and Seminis will work together to identify and develop unique varieties of broccoli and cauliflower for the North American market for use in Apio’s proprietary value-added packaged bags and trays for retail grocery chains, club stores and the food service industry. The companies will focus on developing and commercializing broccoli and cauliflower varieties that possess unique, desirable consumer traits such as improved nutrition, flavor, color, texture, taste, and/or aroma to improve the value of these vegetable offerings in Apio’s products.

Seminis will apply its expertise to breed broccoli and cauliflower qualities using proven techniques that improve the speed and accuracy of new and beneficial trait identification and selection. Apio will apply its expertise in sourcing, manufacturing, packaging and marketing of vegetable products to provide definition and guidance of market needs, packaging solutions and commercialization strategies for these novel consumer trait products. All products that reach commercialization will be packaged using Apio’s proprietary Intelimer® BreatheWay® packaging.

“We are very pleased that Seminis has chosen Apio as a partner for the development and commercialization of its broccoli and cauliflower varieties containing traits of added consumer value,” stated Ron Midyett, Apio’s CEO. “By having the rights to market and sell unique varieties exclusively in defined market segments and channels, Apio has the ability to expand its leadership position in packaged produce with truly differentiated products that fulfill the needs of today’s consumers. By meeting these needs, we believe we can profitably accelerate our growth in the packaged vegetable category. We expect field trials for the initial target varieties to begin this fall.”

“With Apio’s guidance on packaged vegetables, this collaboration offers us the opportunity to more effectively utilize our extensive breeding capabilities to identify new vegetable varieties and apply the depth and breadth of our technology pipeline to provide real benefits to consumers as they look for more ways to incorporate healthy eating habits into their lifestyle,” said Ibrahim El Menschawi, Seminis marketing lead.

About Seminis Vegetable Seeds, Inc.

Seminis is the world's leading developer, producer and marketer of vegetable seeds. Its products are designed to reduce the need for agricultural chemicals, increase crop yield, reduce spoilage, offer longer shelf life, and create better-tasting foods and foods with higher nutritional content. Seminis has established a worldwide presence and global sales and distribution network that spans 150 countries and territories.

About Monsanto Company

Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. For more information on Monsanto, see www.monsanto.com.

About Landec Corporation

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 the Company visit Landec’s website at www.landec.com.

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially. These risk factors are listed in Landec’s Form 10-K for the fiscal year ended May 27, 2007 (See item 1A: Risk Factors). As a result of these and other factors, Landec expects to continue to experience fluctuations in quarterly operating results and there can be no assurance that it will remain consistently profitable. Landec undertakes no obligation to update or revise any forward-looking statements whether as a result of new developments or otherwise.