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Diamond Foods' Kettle Brand(R) Baked Potato Chips Take Top Honors in Summer Snacking Taste Tests

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All Natural Baked Chips Made from Real Potatoes Win Accolades from Food Editors

SAN FRANCISCO, Jun 3, 2010 (GlobeNewswire via COMTEX) --Diamond Foods, Inc. (Nasdaq:DMND), is pleased to learn that its Kettle Brand(R)Baked Potato Chips not only received top ranking in a recent San Francisco Chronicle taste test, but also earned a spot in the Taster's Choice Hall of Fame. It was the only brand to earn this recognition, by scoring 98 out of a possible 100 points. The blind taste test, conducted by San Francisco Chronicle Staff Writer, Amanda Gold, consisted of a panel of food writers and chefs who tasted 6 brands of lightly salted baked potato chips.

Kettle Brand(R)Baked Potato Chips, the first and only brand of baked chips on the market made from whole slices of real potatoes, are a new acquisition for Diamond Foods. Consistently recognized for great taste and hearty crunch, with 65 percent less fat than regular potato chips and only 120 calories per one ounce serving, the Kettle Brand(R) Baked Potato Chip line is often recommended in health-focused magazines and websites such as Health, Fitness, Diabetic Living, PREVENTION and SELF as a smart snack choice.

"In a category crowded with puffs, pops, flakes and fluff, Kettle Brand(R) Baked Potato Chips stand out as the only baked chips made from whole slices of real potato," said Julie Dunmire, Brand Director. "Kettle Brand(R) fans expect delicious, all natural flavor and big, satisfying crunch from our potato chips, and they've learned to hold our Baked line to the same high standard."

Available in five all natural flavors, Hickory Honey Barbeque, Aged White Cheddar, Sea Salt & Vinegar, Salt & Fresh Ground Pepper and Sea Salt, Kettle Brand(R) Baked Potato Chips are sold in grocery and natural food stores nationwide.

About Kettle Brand(R)

Kettle Brand(R) is one of the leaders in the premium potato chip category and is growing at a strong pace according to SPINS and ACNielsen. With manufacturing sites in Salem, Ore., Beloit, Wis. and Norwich, United Kingdom, Kettle Brand(R) is distributed throughout North America, Japan, Guam and Western Europe. Kettle Brand(R) products include more than 20 flavors and four varieties of potato chips as well as tortilla chips, nut butters and trail mixes. Visit www.kettlefoods.com for more information.

About Diamond Foods

Diamond Foods is an innovative packaged food company focused on building, acquiring and energizing brands including Kettle Brand(R) Chips, Emerald(R) snack nuts, Pop Secret(R) popcorn, and Diamond of California(R) culinary and snack nuts. The Company's products are distributed in a wide range of stores where snacks and culinary nuts are sold.

Corporate Web Site: www.diamondfoods.com

Consumer Web Sites: www.kettlefoods.com, www.kettlefoods.co.uk, www.emeraldnuts.com, www.popsecret.com, www.diamondnuts.com, www.feedyourfingers.com.

The Diamond Foods, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6112

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

SOURCE: Diamond Foods, Inc.

CONTACT: Diamond Foods, Inc.
Investor Contact:
Bob Philipps, VP, Treasury & Investor Relations
(415) 445-7426
bphilipps@diamondfoods.com

Edelman Media Contact:
Michael Altfest
(415) 486-3244
michael.altfest@edelman.com