Rule 8.3 - HERSHEY COMPANY

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              HERSHEY COMPANY
Class of relevant security    COM USD1
to which the dealings being
disclosed relate (Note 2)
Date of dealing               24 November 2009

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant       9,545,265     5.72%              0     0.00%
securities
(2) Derivatives      102,205     0.06%        102,205     0.06%
(other than
options
(3) Options and      135,500     0.08%        291,500     0.17%
agreements to
purchase/sell
Total              9,782,970     5.86%        393,705     0.24%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      1,200                36.61333333
Purchase      100                  36.5099
Purchase      39                   36.47
Purchase      1,822                36.52682217
Purchase      300                  36.66
Purchase      600                  36.655
Purchase      100                  36.51
Purchase      400                  36.624975
Purchase      207                  36.6600 USD
Purchase      34                   36.6600 USD
Purchase      990                  36.51271717
Purchase      25,168               36.53922026
Purchase      532                  36.5467
Purchase      88                   36.6055 USD
Purchase      103                  36.6600 USD
Purchase      136                  36.6600 USD
Purchase      172                  36.6600 USD
Purchase      175                  36.6600 USD
Purchase      2,000                36.5975
Purchase      15                   36.5467
Purchase      1,177                36.48986406
Purchase      1,800                36.42722222
Purchase      25,100               36.5392
Purchase      5                    36.46
Purchase      400                  36.575
Purchase      200                  36.695
Purchase      939                  36.38
Purchase      1,100                36.64427273
Purchase      1,900                36.5399
Purchase      500                  36.595
Purchase      68                   36.5467
Purchase      1,800                36.62027778
Purchase      300                  36.68333333
Purchase      300                  36.36333333
Purchase      1,600                36.366875
Purchase      410                  36.22
Purchase      400                  36.6425
Purchase      2,000                36.61492
Purchase      898                  36.358619
Purchase      400                  36.64995
Purchase      200                  36.57
Purchase      200                  36.62
Purchase      15                   36.5467
Purchase      102,205              36.3900 USD
Purchase      43                   36.6600 USD
Purchase      85,310               36.6600 USD
Purchase      400                  36.65
Purchase      521                  36.64616123
Purchase      900                  36.64666667
Purchase      60,570               36.6600 USD
Purchase      532                  36.5467
Purchase      5,362                36.6055 USD
Purchase      3,733                36.6600 USD
Purchase      2,998                36.6055 USD
Purchase      400                  36.3900 USD
Purchase      532                  36.6055 USD
Purchase      658                  36.6600 USD
Purchase      100                  36.63
Purchase      2,112                36.6600 USD
Purchase      424                  36.6600 USD
Purchase      946                  36.66
Purchase      685                  36.6055 USD
Purchase      1,272                36.6600 USD
Purchase      1,492                36.6055 USD
Purchase      1,727                36.6055 USD
Purchase      1,996                36.6055 USD
Sale          2,256                36.49996454
Sale          300                  36.363333
Sale          68                   36.5467
Sale          1,600                36.366875
Sale          531                  36.5467
Sale          2,726                36.5790609
Sale          2,800                36.6275
Sale          1,696                36.40261792
Sale          410                  36.22
Sale          15                   36.5467
Sale          532                  36.5467
Sale          287                  36.63393728
Sale          300                  36.62333333
Sale          300                  36.66666667
Sale          200                  36.645
Sale          400                  36.593
Sale          39                   36.47
Sale          1,900                36.53992105
Sale          346                  36.66
Sale          25,100               36.5392
Sale          400                  36.593125
Sale          500                  36.64596
Sale          400                  36.335
Sale          498                  36.37759036
Sale          300                  36.6833
Sale          34                   36.66
Sale          379                  36.61986807
Sale          7,944                36.6600 USD
Sale          532                  36.5467
Sale          4,800                36.56125
Sale          1,900                36.57578947
Sale          1,900                36.57631579
Sale          40                   36.6600 USD
Sale          80                   36.6600 USD
Sale          84                   36.6600 USD
Sale          224                  36.5433 USD
Sale          368                  36.6600 USD
Sale          880                  36.6600 USD
Sale          100                  36.65
Sale          3,733                36.6600 USD
Sale          100                  36.59
Sale          60,570               36.6600 USD
Sale          85,310               36.6600 USD
Sale          102,205              36.3900 USD
Sale          48                   36.55
Sale          8,700                36.56402299
Sale          3,000                36.55266667
Sale          200                  36.63
Sale          200                  36.67
Sale          200                  36.62
Sale          200                  36.57
Sale          1,200                36.33833333
Sale          1,375                36.6600 USD
Sale          82                   36.5
Sale          13,400               36.51552239
Sale          700                  36.63142857
Sale          685                  36.61908029
Sale          200                  36.635
Sale          700                  36.63428571
Sale          300                  36.67666667
Sale          100                  36.4
Sale          100                  36.5099
Sale          200                  36.695
Sale          939                  36.38
Sale          300                  36.66
Sale          946                  36.66
Sale          691                  36.62
Sale          300                  36.51
Sale          400                  36.6425
Sale          800                  36.62375
Sale          400                  36.6125
Sale          100                  36.62
Sale          350                  36.61857143
Sale          100                  36.625
Sale          50                   36.63
Sale          60                   36.66
Sale          40                   36.66
Sale          100                  36.62
Sale          1                    36.5467

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)


(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)
Call            Purchasing        100                35        AMER        19/12/2009   1.85
Call            Purchasing        100                40        AMER        22/05/2010   1.1
Call            Purchasing        200                40        AMER        22/05/2010   1.05
Call            Purchasing        500                35        AMER        16/01/2010   2
Call            Purchasing        500                40        AMER        20/02/2010   0.55
Call            Selling           100                35        AMER        22/05/2010   3.3
Call            Selling           100                40        AMER        16/01/2010   0.3
Call            Selling           100                40        AMER        16/01/2010   0.4
Call            Selling           200                35        AMER        20/02/2010   2.7
Call            Selling           200                40        AMER        16/01/2010   0.35
Call            Selling           200                40        AMER        21/01/2012   3.3
Call            Selling           200                50        AMER        21/01/2012   1.1
Call            Selling           500                35        AMER        20/02/2010   2.65
Call            Selling           500                35        AMER        22/05/2010   3.3
Call            Selling           600                40        AMER        20/02/2010   0.65
Call            Selling           1100               40        AMER        20/02/2010   0.65
Call            Selling           1300               45        AMER        16/01/2010   0.1
Put             Purchasing        100                40        AMER        19/12/2009   3.8
Put             Purchasing        200                40        AMER        19/12/2009   3.81481532
Put             Purchasing        500                40        AMER        19/12/2009   3.8
Put             Purchasing        700                40        AMER        20/02/2010   4.1
Put             Purchasing        800                40        AMER        19/12/2009   3.8
Put             Purchasing        1000               40        AMER        20/02/2010   4.2
Put             Purchasing        2000               40        AMER        19/12/2009   3.8
Put             Purchasing        2800               40        AMER        16/01/2010   3.9
Put             Purchasing        3300               40        AMER        19/12/2009   3.7
Put             Selling           100                30        AMER        16/01/2010   0.05
Put             Selling           100                35        AMER        16/01/2010   0.75
Put             Selling           200                40        AMER        19/12/2009   3.81481532
Put             Selling           900                35        AMER        20/02/2010   1.15

(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         25 November 2009
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk

SUPPLEMENTAL FORM 8

DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

OPEN POSITIONS (Note 1)
Product  Written    Number of    Exercise  Type,      Expiry Date
name,    or         Securities   Price     e.g.
e.g.     Purchased  to which     (Note 2)  American,
call                the option             European
option              or                     etc.
                    derivative
                    relates
Option   Purchased  -3,000       50        AMER       22/01/2011
Option   Purchased  -100         50        AMER       19/12/2009
Option   Purchased  -100         30        AMER       20/02/2010
Option   Purchased  -100         25        AMER       20/02/2010
Option   Purchased  -200         60        AMER       22/01/2011
Option   Purchased  -200         30        AMER       21/01/2012
Option   Purchased  -300         30        AMER       22/01/2011
Option   Purchased  -300         30        AMER       21/01/2012
Option   Purchased  -400         30        AMER       16/01/2010
Option   Purchased  -500         50        AMER       20/02/2010
Option   Purchased  -600         60        AMER       16/01/2010
Option   Purchased  -1,000       25        AMER       16/01/2010
Option   Purchased  -1,700       40        AMER       21/01/2012
Option   Purchased  -102,000     35        AMER       19/12/2009
Option   Purchased  -2,900       50        AMER       16/01/2010
Option   Purchased  100          40        AMER       16/01/2010
Option   Purchased  -3,800       20        AMER       20/02/2010
Option   Purchased  -3,900       30        AMER       16/01/2010
Option   Purchased  -5,100       35        AMER       20/02/2010
Option   Purchased  -6,200       35        AMER       22/05/2010
Option   Purchased  -7,500       40        AMER       19/12/2009
Option   Purchased  -8,100       45        AMER       22/05/2010
Option   Purchased  -8,100       40        AMER       22/05/2010
Option   Purchased  -8,100       35        AMER       22/05/2010
Option   Purchased  -10,700      40        AMER       16/01/2010
Option   Purchased  -17,400      40        AMER       22/01/2011
Option   Purchased  -23,700      45        AMER       16/01/2010
Option   Purchased  -35,000      45        AMER       19/12/2009
Option   Purchased  -38,400      40        AMER       19/12/2009
Option   Purchased  -1,900       25        AMER       22/01/2011
Option   Purchased  1,200        20        AMER       20/02/2010
Option   Purchased  11,000       40        AMER       20/02/2010
Option   Purchased  10,000       45        AMER       22/01/2011
Option   Purchased  9,200        40        AMER       20/02/2010
Option   Purchased  8,800        35        AMER       16/01/2010
Option   Purchased  7,200        50        AMER       16/01/2010
Option   Purchased  6,400        50        AMER       20/02/2010
Option   Purchased  5,600        35        AMER       22/01/2011
Option   Purchased  4,900        40        AMER       22/05/2010
Option   Purchased  3,700        45        AMER       20/02/2010
Option   Purchased  3,600        35        AMER       16/01/2010
Option   Purchased  2,800        45        AMER       16/01/2010
Option   Purchased  2,500        50        AMER       22/05/2010
Option   Purchased  -100         55        AMER       20/02/2010
Option   Purchased  500          50        AMER       22/01/2011
Option   Purchased  36,300       45        AMER       16/01/2010
Option   Purchased  100          40        AMER       21/01/2012
Option   Purchased  100          55        AMER       19/12/2009
Option   Purchased  300          35        AMER       22/01/2011
Option   Purchased  400          30        AMER       22/01/2011
Option   Purchased  2,500        40        AMER       22/01/2011
Option   Purchased  500          50        AMER       21/01/2012
Option   Purchased  2,300        45        AMER       19/12/2009
Option   Purchased  600          30        AMER       22/05/2010
Option   Purchased  600          35        AMER       19/12/2009
Option   Purchased  600          50        AMER       21/01/2012
Option   Purchased  700          20        AMER       22/01/2011
Option   Purchased  900          45        AMER       22/01/2011
Option   Purchased  -100         70        AMER       16/01/2010
Option   Purchased  500          45        AMER       20/02/2010

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given.
Full details of any  existing agreements to purchase or to sell  should also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.

For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover
Panel's website at www.thetakeoverpanel.org.uk