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Jennifer Thatcher News Release

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					                                                                 News Release

FOR IMMEDIATE RELEASE                             For further information, contact:
                                                     Lani Jordan                 Leslie Shuler
                                                     lani.jordan@chsinc.com leslie.shuler@chsinc.com
                                                     651-355-4946                (651) 355-4918


                       THATCHER NAMED CHS FOUNDATION MANAGER

ST. PAUL, Minn. (May 15, 2006) – The CHS Foundation has named Jennifer Thatcher as the new
manager of the CHS Foundation, an independent, private foundation affiliated with CHS Inc., actively
supporting the future of rural America, agriculture and cooperative business through education and
leadership development.

“Jennifer brings a strong financial management background, as well as a strong interest in community
development,” said William Nelson, CHS Foundation president. “She will be a great addition to the staff
that works with the CHS Foundation.”

In this role, Thatcher will work closely with Nelson to manage the business operations for the CHS
Foundation, with responsibility for financial management, as well as involvement with program
development. Thatcher will also play similar roles with the corporate giving area for CHS Inc. and for The
Cooperative Foundation, a private foundation managed by CHS staff through a lease agreement.

“I strongly value education. It is a significant piece in a prosperous future,” Thatcher said. “The CHS
Foundation provides education grants, scholarships and other funding to agricultural-related programs.
Being a part of the CHS Foundation is a great honor.”

Previously Thatcher served in accounting roles within CHS and Ag States Group, an insurance-based
subsidiary of CHS, in Inver Grove Heights, Minn. For nearly nine years she managed the organization’s
financial logistics and a broad range of projects and business relationship assignments. In addition, she
has been actively involved in CHS community relations projects including serving as co-chair of the 2005
United Way Campaign.

She earned a bachelor’s degree in organizational leadership from Bethel University and an associate’s
degree in accounting from Wisconsin Indianhead Technical College.

The CHS Foundation (www.chsfoundation.org) is committed to investing in the future of rural America,
agriculture and cooperative business through education and leadership development. The CHS
Foundation has endowed assets of more than $26 million, with more than $1.8 million distributed
annually through grants, scholarships and educational support. Its program focuses include
scholarships, rural youth leadership development, returning value to rural communities, cooperative
education, farm and agricultural safety, and emergency assistance and disaster relief.

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