Unilever Completes Sale of Wish-Bone and Western brands to Pinnacle Foods

  Unilever Completes Sale of Wish-Bone and Western brands to Pinnacle Foods

Business Wire

LONDON & ROTTERDAM, Netherlands -- October 1, 2013

Unilever today announced that it has completed the sale of its Wish-Bone and
Western dressings brands to Pinnacle Foods Inc.

On August 12^th, the two companies announced the agreement for a total cash
consideration of approximately $580 million, including the Wish-Bone and
Western dressing’s trademarks.

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This announcement may contain forward-looking statements, including
'forward-looking statements' within the meaning of the United States Private
Securities Litigation Reform Act of 1995. Words such as 'will', 'aim',
'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision' or the
negative of these terms and other similar expressions of future performance or
results, and their negatives, are intended to identify such forward-looking
statements. These forward-looking statements are based upon current
expectations and assumptions regarding anticipated developments and other
factors affecting the Unilever group (the "Group"). They are not historical
facts, nor are they guarantees of future performance.

Because these forward-looking statements involve risks and uncertainties,
there are important factors that could cause actual results to differ
materially from those expressed or implied by these forward-looking
statements. Among other risks and uncertainties, the material or principal
factors which could cause actual results to differ materially are: Unilever's
global brands not meeting consumer preferences; increasing competitive
pressures; Unilever's investment choices in its portfolio management;
inability to find sustainable solutions to support long-term growth; customer
relationships; the recruitment and retention of talented employees;
disruptions in our supply chain; the cost of raw materials and commodities;
secure and reliable IT infrastructure; successful execution of acquisitions,
divestitures and business transformation projects; economic and political
risks and natural disasters; the debt crisis in Europe; financial risks;
failure to meet high product safety and ethical standards; and managing
regulatory, tax and legal matters. Further details of potential risks and
uncertainties affecting the Group are described in the Group's filings with
the London Stock Exchange, NYSE Euronext in Amsterdam and the US Securities
and Exchange Commission, including the Group's Annual Report on Form 20-F for
the year ended 31 December 2012 and Annual Report and Accounts 2012. These
forward-looking statements speak only as of the date of this announcement.
Except as required by any applicable law or regulation, the Group expressly
disclaims any obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to reflect any
change in the Group's expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is based.

About Unilever

Unilever is one of the world’s leading suppliers of Food, Home and Personal
Care products with sales in over 190 countries. Our products are present in 7
out of 10 homes globally and are used by over 2 billion people on a daily
basis. We work with 173,000 colleagues around the world and generated annual
sales of over €50 billion in 2012. Over half of our company’s footprint is in
the faster growing developing and emerging markets (57% in Q1 2013). Working
to create a better future every day, we help people feel good, look good and
get more out of life. Our portfolio includes some of the world’s best known
brands such as Knorr, Persil / Omo, Dove, Sunsilk, Hellmann’s, Lipton, Rexona
/ Sure, Wall’s, Lux, Rama, Ponds and Axe, 14 of which now generate a turnover
of €1 billion or more.

Our ambition is to double the size of our business, whilst reducing our
overall environmental footprint (including sourcing, consumer use and
disposal) and increasing our positive social impact. We are committed to
helping more than a billion people take action to improve their health and
well-being, sourcing all our agricultural raw materials sustainably by 2020,
and decoupling our growth from our environmental impact. Supporting our three
big goals, we have defined seven pillars, underpinned by targets encompassing
social, environmental and economic areas. See more on the Unilever Sustainable
Living Plan at www.unilever.com/sustainable-living/.

Unilever has been recognised in the Dow Jones Sustainability World Indexes for
14 consecutive years. We are included in the FTSE4Good Index Series and
attained a top environmental score of 5, leading to inclusion in the FTSE4Good
Environmental Leaders Europe 40 Index. In 2012 Unilever led the Climate Counts
Company Scorecard and the list of Global Corporate Sustainability Leaders in
the GlobeScan /Sustainability latest annual survey - both for the third year
running. The company is an employer of choice in many of the countries in
which it operates and is seen as a symbol for innovation and leadership

For more information about Unilever and its brands, please visit

About Pinnacle Foods

In more than 85% of American households, consumers reach for Pinnacle Foods
brands. Pinnacle Foods is a Top 1000 Company as ranked by Fortune Magazine. We
are a leading producer, marketer and distributor of high-quality branded food
products, which have been trusted household names for decades. Headquartered
in Parsippany, NJ, our business employs an average of 4,400 employees. We are
a leader in the shelf stable and frozen foods segments and our brands hold the
#1 or #2 market position in 10 of the 12 major categories in which they
compete. Our Duncan Hines Grocery Division manages brands such as Duncan
Hines® baking mixes and frostings, Vlasic® shelf-stable pickles, Mrs.
Butterworth's® and Log Cabin® table syrups, Armour® canned meats, Brooks® and
Nalley® chili and chili ingredients, Duncan Hines® Comstock® and Wilderness®
pie and pastry fruit fillings and Open Pit® barbecue sauces. Our Birds Eye
Frozen Division manages brands such as Birds Eye®, Birds Eye Steamfresh®,
C&W®, McKenzie's®, and Freshlike® frozen vegetables, Birds Eye Voila!®
complete bagged frozen meals, Van de Kamp's® and Mrs. Paul's® frozen prepared
seafood, Hungry-Man® frozen dinners and entrées, Aunt Jemima® frozen
breakfasts, Lender's® frozen and refrigerated bagels, and Celeste® frozen
pizza. Our Specialty Foods Division manages Tim's Cascade Snacks®, Hawaiian®
kettle style potato chips, Erin's® popcorn, Snyder of Berlin® and Husman's®
snacks in addition to our food service and private label businesses. Further
information is available at www.pinnaclefoods.com.



Unilever PLC (London):
Trevor Gorin, +44 207 822 6010
Unilever NV (Rotterdam):
Flip Dötsch, +31 (0) 10 2174844
Unilever North America (Englewood Cliffs, NJ):
Anita Larsen, +1-201-894-7760
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