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Miguel Veiga-PestanaVP Global External Affairs, UnileverNovember 2007

Unilever – Adding Vitality to Life:Doing Well by Doing Good

This presentation may contain forward-looking statements, including ‘forward-looking statements’within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting 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. Further details of potential risks and uncertainties affecting the Group are described in the Group’s filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including the Annual Report & Accounts on Form 20-F. These forward-looking statements speak only as of the date of this presentation.

Introduction

• Unilever’s footprint as a business

• Our Vitality Mission

• Four pillars of Vitality

• Conclusion - The business rationale

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Unilever is an Anglo-Dutch company

with operations in over 100 countries

Our 12 €1bn+ brands

World Number 1

World Number 2

Local strength

Savoury & Dressings

Spreads

Meal replacement

Tea

Ice Cream

Laundry

Household Care

Daily Hair Care

Skin

Deodorants

Oral Care

Foods Home & Personal Care

With strong brand and category leadership positions around the world

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and are present in half the households on the planet

Our brands are sold in nearly every country

We have deep roots in the developing world

1903 South Africa

1933 Indonesia1910 Congo

1930 Brazil

1918 Nigeria

1888 India

1911 China

1918 Ghana 1929 Kenya

1918 Cote d’Ivoire

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….which today accounts for 44% of our sales

Western Europe

38%

D&E36%

As % of Unilever total turnover

2004

Otherdeveloped

26%

2007

Western Europe

32%

D&E44%

Otherdeveloped

24%

2007 – based on YTD turnover

With a depth of distribution

from the favelas of Sao Paolo to the villages of India

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We sell to the well-off

and to those living on very low incomes

… with trusted brands …

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…that suit different pockets and lifestyles

Have lots

Haves

Have nots

…through a differentiated brand portfolio

Laundry, India Hair, Indonesia

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Vitality has been central to our way of doing business

Founded in 1884 by William Lever – a leading British philanthropist

since we started out making soap in 1884

Lever’s success in making low-cost soap widely available to the urban poor

helped to combat disease in Victorian Britain

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It has always been part of Unilever’s corporate purpose

“To make cleanliness commonplace, to lessen the work for women; to

foster health and contribute to personal attractiveness that life may be more enjoyable and rewarding for

the people who use our products”.

Our Mission in 1890 Our Mission in 2007

“Unilever's mission is to add Vitality to life. We meet everyday needs for nutrition, hygiene and

personal care with brands that help people feel good, look good and

get more out of life”.

Today our approach is built on 4 pillars

Nutrition and Health

Sustainable development Community engagement

Hygiene

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Nutrition and Health covers four main areas

Physical activity and healthier lifestyles

Nutrition enhancement Innovation

Information to consumers -responsible marketing

practices

In 2005 and 2006, reformulation changes eliminated

15,000 tons of trans-fats 10,000 tons of saturated fats

2,000 tons of sodium and10,000 tons of sugars from our

portfolio

Saturated fats being reduced

by up to 40%

in Heart brand ice creams

in Europe

Family Goodness spreads

to be virtually free of

trans fats by 2007

Ketchup sugar levels reduced by 10%

Soups sodium

levels reduced

by 10% (Europe)

20-25% reduction in sugar levels in US RTD teas completed.

Sodium in (US) Ragu Old World Style Sauce reduced by 25%

Many US vegetable oil spreads reformulated to 0 g trans fat per serving

Our nutrition enhancement programme (NEP) is about improving the nutritional profile of our product range

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Not only have we eliminated “baddies”…

Trans fat-free Up to 25% less sugar Up to 30% less salt

Promise spreads US

Lipton Ice TeaUS

Knorr soupsEurope

Improved natural ingredients: • More vegetables and herbs• Extra virgin olive oil• Organic variants

…we have upgraded the profile of core ranges

Ragu sauces Knorr bouillon

Now with a full serving of vegetables in every half cup

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We are also committed to a fortified foods programme that…

Iodised salt in Ghana and Nigeria

Combating Iodine DeficiencyComplementary Feeding

Low-cost foods for infants in Latin America

Partnership for Child Nutrition

Reducing child malnutrition in India

spans three regions and three age groups

Our innovation programme is targeting five key benefit areas

BeautyHeart Health

Immunity and

StrengthWeight

ManagementBrain

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Heart Health – Flora/Becel

Omega 3 plusPacked with more omega 3

than any other spread or minidrink

pro.activSpreads, milk, yoghurt and mini-drinks clinically proven to lower

cholesterol

A nutrient mix scientifically shown to improve learning and memory in school-aged children

Mental development - Amaze

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We are focusing on five natural ingredients…

Oils

Tea

Fruit and vegetables

Soy

Milk

…where we have long-standing expertise

Our brands’ heritage in tea dates back over a century

We have been researching the dietary impact of

vegetable oils since the 1960sSoy-based AdeS

drinks were first launched in Argentina 20

years ago

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Vegetables – Knorr “fresh” soups

Healthy, premium ingredients

Delicious recipes

New packaging for a fresher taste

Celebrating the unique combination of health benefits of tea, with antioxidants to fight free radicals

Tea – Lipton

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Oils – Family Goodness spreads

“Goodness of margarine”Communication on healthy oils and fats in

Europe and Africa

Milk - Moo

+ +

Delicious ice cream for kids with as much calcium as two glasses of milk

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We are using our brands to promote physical activity and healthier lifestyles

We work in partnership with the world Heart Foundation to promote healthy lifestyles

We use our brands to promote physical activity – such as the Flora London

Marathon – one of the world’s biggest participatory events

• A simple consumer-friendly logo

• Works across companies and categories

• Products must meet benchmarks forsaturated fat, trans fat, sodium, sugar

• Now launched in 35 countries

We are committed to improving the information we provide our consumers

Healthy choices made easy – My Choice

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In the UK GDAs are becoming standard on front of pack

Responsible advertising and marketing practices

• Our guiding principles– We sympathise with societal concerns about the advertising of food

(especially to children)– We are working with regulators to find a proportionate response– We have adopted a our code of Marketing Principles that sets out

limitations on advertising to children below 12yrs of age.

• For example– In the UK we were one (of only two) manufacturers

to support the FSA’s proposal to ban the advertising of foods high in sugar, fat and salt in children’s programmes.

– In the USA we will participate in the “Advertising Pledge” programme –where 50% of adverts targeted at children under 12 must include a healthy lifestyle message.

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Hygiene is our second key global pillar

Hand washing

Laundry hygiene Home hygiene

Oral hygiene

Our hand washing education programmes are broad

We are reaching over 250 million people

Lifebuoy’s hand washing programme in India is reaching 20% of the population

The programme has been launched in sub-Saharan Africa in 2007

The second biggest killer of children in the world is diarrhoea.Hand-washing can cut diarrhoeal diseases by 48%

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Our partnership with FDI World Dental Federation involves 700,000 dentists in a global

campaign – Live, Learn, Laugh

In Nigeria our Schools Campaign will educate 2 million people about oral

health over 5 years

Dental disease is the No.1 disease affecting children and a key cause of children missing school, especially those on low-incomes

Our oral care programmes also reach millions

80% of food poisoning happens in the home

Our household products improve domestic hygiene

Domestos works with the Red Cross in many countries to promote home hygiene

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Sustainability is our third pillar…

Agriculture

Water

Eco-efficiency

Greenhouse Gases

Eco-efficiency is integral to our business performance

We have measured the impacts of our activities since 1995

Since then we have halved the water we use

reduced our energy use by 25%

and reduced waste by over 50%

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We have cut CO2 emissions by a third

17% of our energy is from renewable sources

We’ve developed solar ice cream cabinets with

Greenpeace

We’re ranked as an industry leader

but we still have a way to go to

With 2/3rds of our raw materials from agriculture

we have set sustainability targets for all key crops

We are founder members of the Round Table on Sustainable Palm Oil – a multi-stakeholder initiative to ensure that palm

forests are farmed sustainably

Drip irrigation trials by our tomato growers in Brazil have cut water use

by 30%

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Our decision to source all our tea sustainably is a big one…..

It will improve the crops, income and livelihoods of >1million people

Our water footprint is large

Our focus is on helping consumers

50% 5% 45%

in agriculture in manufacturing in washing, cooking and cleaning

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… through brand development

Pureit provides potable water that is free of viruses, parasites, bacteria and pesticides without the need for mains electricity. It’s

cheaper than boiling tap water and easy to use.

In India, Surf Excel has been reformulated with a low lather to save two buckets of water per wash. Sales have doubled in dry southern

states where water costs more than detergent.

and product innovation

For those without access to water

we co-founded WSUP (Water and Sanitation for the Urban Poor)

The first projects from Water & Sanitation for the Urban Poor (WSUP) are in Bangalore, India and Naivasha, Kenya

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Community engagement

HIV/AIDS

Economic impacts Local projects

Self esteem

Our approach to HIV/AIDS

In 2005 40.3 million people carried HIV/AIDS – nearly two-thirds of them in sub-Saharan Africa

In South Africa, working with SABCOHA and UNAIDS, our employee programmes have

become the template for local businesses. In Africa we’ve helped set up 9 national

HIV/AIDS business coalitions.

is to leverage our business prominence

We are now applying our experience in Africa to other regions. In Brazil our employees distribute thousands of

condoms to tourists on Brazil’s beaches every summer.

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We contribute to economic development

through our worldwide operations

In 2005-6 we collaborated with Oxfam to research the links between international business and poverty reduction. We’re now working with INSEAD

and African NGOs to measure our impacts in Africa

These include projects to create incomes…

for poor farmers and unemployed people

In Kenya, we are leaders members of the Business Alliance for Chronic

Hunger (BAACH) helping increase farmer incomes and develop local

capacity building. We provide a guaranteed market for herbs and

spices for manufacture of our local brands.

In Indonesia we are working with rice farmers to help them develop a

second income by growing black soy beans needed for our Kecap Bango

brand. We provide them with a guaranteed market, technical

assistance and access to finance.

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To reach new consumers in rural India

Most generate profit of US$15-22 a month –typically doubling household incomes. Financial independence has resulted in

increased self-esteem, greater empowerment - and more daughters being

educated.

To reach 70 million new consumers in rural villages our Indian business has recruited

40,000 women as door-to-door sales distributors. The women are trained in

business and marketing skills and obtain micro-credit from local banks and self-help

groups.

we’ve trained 40,000 women entrepreneurs

Our community activities involve 40,000 employees

In 2005 we contributed c. €79 million to community projects – equivalent to 1.7% of pre-tax profits – benefiting 12,000 community organisations

and benefit 140 million people

Environmental projects include cleaning up the River Brantasin Indonesia and planting java

noni trees whose fruit generate incomes for local

people

Social projects include the Lifebuoy Friendship floating

hospital in Bangladesh which provides free healthcare to 30,000 river people a year

HIV/AIDS projects include buying houses in South Africa where children orphaned by

AIDS can stay in their communities with trained

foster mothers

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Our work with WFP focuses on:• School Feeding Programmes

• Cause-related marketing led by our Family Goodness brand

Our work with UNICEF focuses on: • Latin America – Complementary Feeding• Africa: Fortification with micro-nutrients &

promoting hand washing with children• India: Providing safe drinking water in schools &

Partnership for Child Nutrition

Where possible we work in partnership with others….

Unilever’s strategic partnerships include UNICEF, WFP, WWF, WHO, the World Heart Foundation, FDI World Dental Federation, WSUP & World Bank: Global

Public-Private Partnership for Hand washing with Soap

focusing on nutrition & hygiene programmes

Conclusion: Business Rationale

We believe Our Vitality Mission and integration of social and environmental issues into our brands and business will:

1. Fuel innovation

2. Help us win with customers

3. Help us win in D&E markets

4. Address consumers’ needs as citizens

5. Differentiate and build the Unilever brand