PRESS RELEASE
Published on
[LOGO OMITTED] [GRAPHIC OMITTED]
FOR IMMEDIATE RELEASE
Midwest Grain Board Declares Dividend
ATCHISON, Kan., August 27, 2002 - The Board of Directors of Midwest Grain
Products, Inc. (MWGP/Nasdaq) has declared an annual dividend of 15 cents per
share on the company's common stock. The dividend is payable on Nov. 5, 2002 to
stockholders of record as of Oct. 10, 2002.
"We are deeply grateful for the support of our stockholders and very
pleased that we are able to provide this dividend," said Board Chairman Cloud L.
"Bud" Cray. "Our decision to declare a dividend at this time is based on the
company's positive performance this past fiscal year," he added.
In business since 1941, Midwest Grain Products, Inc. is a recognized
pioneer in the development and production of natural grain-based products. The
company has facilities in Atchison, Kan., Pekin, Ill., and Kansas City, Kan.
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