ADM Announces Early Results of Private Exchange Offers and Extension of Early Participation Period

Archer Daniels Midland Company (NYSE:ADM) announced today the results as
of 5:00 p.m. New York City time on September 21, 2011 (the 'Original
Early Participation Date?) of its private offers to exchange any and all
of its outstanding debentures listed below (collectively, the 'Old
Debentures?) for new senior Debentures due 2042 (the 'New Debentures?)
and, for some series of Old Debentures, New Debentures and cash (the
'Exchange Offers?), in accordance with ADM′s offering memorandum dated
September 8, 2011 (the 'Offering Memorandum?) and the related letter of
transmittal. As of the Original Early Participation Date, a sufficient
principal amount of Old Debentures have been validly tendered and not
validly withdrawn such that a minimum of $250,000,000 aggregate
principal amount of New Debentures will be issuable in exchange for such
Old Debentures on the Early Settlement Date, which is expected to be
September 26, 2011, unless extended by ADM.

ADM also announced today that the expiration of the early participation
period has been extended from the Original Early Participation Date to
5:00 p.m. New York City time on September 23, 2011 (the 'Revised Early
Participation Date?). All other terms of the Exchange Offers remain
unchanged, including the Withdrawal Deadline, Early Settlement Date,
Expiration Date and Final Settlement Date, each as set forth in the
Offering Memorandum. Eligible Holders (as defined below) who validly
tender their Old Debentures at or prior to the Revised Early
Participation Date will be eligible to receive consideration equal to
the Total Exchange Price, as described in the Offering Memorandum, which
includes an Early Participation Premium equal to $30 per $1,000
principal amount of Old Debentures accepted in the Exchange Offers.

In the Exchange Offers, according to information provided by D.F. King &
Co., Inc., the exchange agent for the Exchange Offers, $403,087,000 in
aggregate principal amount of ADM′s Old Debentures were validly tendered
and not validly withdrawn at or prior to the Original Early
Participation Date, as detailed below.

The table below indicates, among other things, the outstanding principal
amount of each series of Old Debentures prior to the Original Early
Participation Date and the principal amount of each series of Old
Debentures validly tendered for exchange as of the Original Early
Participation Date pursuant to the Exchange Offers:

The Exchange Offers will expire at 11:59 p.m., New York City time, on
October 5, 2011, unless extended by ADM (the 'Expiration Date?). In
accordance with the Offering Memorandum, tenders of Old Debentures in
the Exchange Offers may no longer be withdrawn, except in certain
limited circumstances where additional withdrawal rights are required by
law.

The Exchange Offers are being conducted by ADM upon the terms and
subject to the conditions set forth in the Offering Memorandum and
related letter of transmittal. The Exchange Offers are only extended,
and copies of the offering documents will only be made available, to any
holder of the Old Debentures that has certified its status as (1) a
'qualified institutional buyer? as defined in Rule 144A under the
Securities Act of 1933, as amended ('Securities Act?) or (2) a person
who is not a 'U.S. person? as defined in Regulation S under the
Securities Act (each, an 'Eligible Holder?).

The New Debentures have not been registered under the Securities Act or
any state securities laws. Therefore, the New Debentures may not be
offered or sold in the United States absent registration or an
applicable exemption from the registration requirements of the
Securities Act and any applicable state securities laws. ADM will enter
into a registration rights agreement with respect to the New Debentures.

Documents relating to the Exchange Offers will only be distributed to
holders of the Old Debentures that complete and return a certification
of eligibility confirming that they are Eligible Holders. Holders of the
Old Debentures that desire access to the electronic eligibility form
should contact D.F. King & Co., Inc., the information agent for the
Exchange Offers, at (800) 431-9645 (U.S. Toll-free) or (212) 269-5550
(Collect). Holders that wish to receive the offering documents can
certify their eligibility at http://www.dfking.com/adm.

This press release is not an offer to sell or a solicitation of an offer
to buy any security. The Exchange Offers are being made solely by the
offering memorandum and related letter of transmittal and only to such
persons and in such jurisdictions as is permitted under applicable law.

Forward-looking Information

This press release includes forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995, that
are subject to risks, uncertainties and other factors, including the
current market demand for these types of securities and the securities
of ADM and the negotiations between ADM and the dealer managers. These
risks, uncertainties and other factors could cause actual results to
differ materially from those referred to in the forward-looking
statements. The reader is cautioned not to rely on these forward-looking
statements. Other risks that could impact the offering are described in
detail in the ADM Annual Report on Form 10-K for the fiscal year ended
June 30, 2011 as filed with the U.S. Securities and Exchange Commission.
All forward-looking statements are based on information currently
available to ADM and ADM assumes no obligation to update any such
forward-looking statements.

Archer Daniels Midland Company

Media:

David
Weintraub, 217-424-5413

Director, External Communications

Investors:

Dwight
Grimestad, 217-424-4586

Vice President, Investor Relations