28 January 2010
Cadbury plc - Clarification in Relation to the Special Dividend
In response to investor inquiries, Cadbury plc ("Cadbury") would like to
clarify that the special dividend of 10 pence (net) per Cadbury Share (the
"Special Dividend") will be paid to all Cadbury Shareholders on the register at
the close of business on the date on which the recommended final offer (the
"Final Offer") by Kraft Foods Inc. ("Kraft Foods") becomes or is declared
wholly unconditional (the "Existing Shareholders Record Date"). This is
currently expected to be 2 February 2010. The Special Dividend will be paid to
both Cadbury Shareholders who have accepted the Final Offer prior to the time
at which the Final Offer becomes or is declared wholly unconditional and
Cadbury Shareholders who have not accepted the Final Offer by that time
(regardless of whether or not such Cadbury Shareholders subsequently accept the
Final Offer).
As announced on 27 January 2010, the ex dividend date for the Special Dividend
will be two business days following announcement by Kraft Foods of the Final
Offer becoming wholly unconditional if announced before 8.00 a.m. (London
time), or three business days if announced after 8.00 a.m. (London time). It is
currently expected that the ex dividend date will be Friday 5 February 2010.
Accordingly, Cadbury Shareholders on the register at the close of business on
the Existing Shareholders Record Date will receive the Special Dividend from
Cadbury. However if those Cadbury Shareholders sell their Cadbury Shares in the
market prior to the ex dividend date, then the purchaser of those shares will
have a market claim against the relevant Cadbury Shareholder for the value of
the Special Dividend.
Ends
For Further Information:
Cadbury plc +44 1895 615000
http://www.cadbury.com
Capital Market Enquiries +44 1895 615124
John Dawson, Michelle Rees and Basak Kotler
Media Enquiries
Cadbury +44 1895 615011
Trevor Datson
Finsbury +44 20 7251 3801
Rollo Head
Finsbury US +1 212 303 7600
Andy Merrill and Jeremy Fielding
About Cadbury
Cadbury is one of the world's largest confectionery businesses with number one
or number two positions in over 20 of the world's 50 biggest confectionery
markets. It also has the largest and most broadly spread emerging markets
business of any confectionery company. With origins stretching back nearly 200
years, Cadbury's brands include many global, regional and local favourites
including Cadbury Dairy Milk, Flake, Creme Egg and Green & Black's in
chocolate; Trident, Dentyne, Hollywood and Bubbaloo in gum; and Halls, Cadbury
Eclairs, Bassett's and The Natural Confectionery Co. in candy.
Forward Looking Statements
Except for historical information and discussions contained herein, statements
contained in these materials may constitute "forward looking statements" within
the meaning of Section 27A of the US Securities Act of 1933, as amended, and
Section 21E of the US Securities Exchange Act of 1934, as amended. Forward
looking statements are generally identifiable by the fact that they do not
relate only to historical or current facts or by the use of the words "may",
"will", "should", "plan", "expect", "anticipate", "estimate", "believe",
"intend", "project", "goal" or "target" or the negative of these words or other
variations on these words or comparable terminology. Forward looking statements
involve a number of known and unknown risks, uncertainties and other factors
that could cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or implied by such
forward looking statements. These forward looking statements are based on
numerous assumptions regarding the present and future strategies of each
business and the environment in which they will operate in the future. In
evaluating forward looking statements, you should consider general economic
conditions in the markets in which we operate, as well as the risk factors
outlined in our Form 20-F filed with the US Securities and Exchange Commission
and posted on Cadbury plc's website www.cadbury.com. These materials should be
viewed in conjunction with our periodic half yearly and annual reports and
other filings filed with or furnished to the Securities and Exchange
Commission, copies of which are available from Cadbury plc, Cadbury House,
Uxbridge Business Park, Sanderson Road, Uxbridge UB8 1DH, UK and from the
Securities and Exchange Commission's website at www.sec.gov. Cadbury plc does
not undertake publicly to update or revise any forward looking statement that
may be made in these materials, whether as a result of new information, future
events or otherwise. All subsequent oral or written forward-looking statements
attributable to Cadbury plc or any person acting on their behalf are expressly
qualified in their entirety by the cautionary statements above.
Publication on Cadbury Website
A copy of this announcement will be made available for inspection on Cadbury's
website (www.cadbury.com) free of charge.
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