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               20 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       9,704,331     5.81%              0     0.00%
securities
(2) Derivatives            0     0.00%
(other than
options
(3) Options and      453,800     0.27%        389,100     0.23%
agreements to
purchase/sell
Total             10,158,131     6.08%        389,100     0.23%


(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      300                  37.05833333
Purchase      773                  37.1347 USD
Purchase      200                  37.2115
Purchase      93                   37.2115
Purchase      700                  37.24
Purchase      700                  37.14571429
Purchase      43                   37.14
Purchase      10,710               37.11598329
Purchase      200                  37.19
Purchase      2,900                37.101
Purchase      5,000                40
Purchase      100                  37.48
Purchase      100                  37.05
Purchase      200                  37.29
Purchase      200                  37.07
Purchase      100                  37.071
Purchase      2,900                37.13206897
Purchase      343                  37.1347 USD
Purchase      370                  37.1347 USD
Purchase      400                  37.1347 USD
Purchase      500                  37.1200 USD
Purchase      611                  37.1400 USD
Purchase      692                  37.2023 USD
Purchase      712                  37.1347 USD
Purchase      1,600                45
Purchase      100                  37.12
Purchase      300                  37.08663333
Purchase      400                  37.125
Purchase      900                  37.10444444
Purchase      400                  37.125
Purchase      900                  37.15777778
Purchase      400                  37.43
Purchase      670                  37.3537313
Purchase      1,000                37.48
Purchase      107                  37.2115
Purchase      1,293                37.18197989
Purchase      59                   37.22
Purchase      100                  37.07
Purchase      5,900                37.20779661
Purchase      3,900                37.18
Purchase      1,900                37.23315789
Purchase      900                  37.13222222
Purchase      2,574                37.14888112
Purchase      5,790                37.13688256
Purchase      1,221                37.188362
Purchase      710                  37.10235352
Purchase      400                  37.33
Purchase      100                  37.2
Purchase      100                  37.05
Purchase      100                  37.49
Purchase      100                  37.18
Purchase      55                   37.23
Purchase      1,536                37.2115
Purchase      1,700                37.219
Purchase      29,266               37.1347 USD
Purchase      2,878                37.1347 USD
Purchase      3,926                37.1347 USD
Purchase      4,857                37.0918 USD
Purchase      5,166                37.0918 USD
Purchase      200                  37.2115
Purchase      2,734                37.1347 USD
Purchase      416                  37.08355769
Purchase      1,900                37.42
Purchase      84                   37.1
Purchase      2,577                37.0918 USD
Purchase      1,749                37.3957 USD
Purchase      1,683                37.3957 USD
Purchase      400                  37.095
Purchase      1,254                37.2023 USD
Purchase      1,206                37.1487 USD
Purchase      1,202                37.1487 USD
Purchase      998                  37.1347 USD
Purchase      4,496                37.2967
Sale          200                  37.2115
Sale          3,493                37.17298025
Sale          114                  37.12
Sale          300                  37.29
Sale          1,900                37.42
Sale          600                  37.18833333
Sale          500                  37.06
Sale          100                  37.34
Sale          500                  37.242
Sale          100                  37.39
Sale          15,742                37.12063524
Sale          200                  37.29
Sale          100                  37.05
Sale          400                  37.36755
Sale          1,600                37.13080625
Sale          100                  37.19
Sale          500                  37.114
Sale          400                  37.125
Sale          300                  37.32
Sale          1,000                37.48
Sale          2,962                37.21580452
Sale          370                  37.38108108
Sale          400                  37.125
Sale          900                  37.15777778
Sale          1,700                37.219
Sale          2,300                37.29695652
Sale          533                  37.15998124
Sale          700                  37.31285714
Sale          5,201                37.42328014
Sale          300                  37.33666667
Sale          500                  37.296
Sale          596                  37.2652349
Sale          100                  37.25
Sale          274                  37.2115
Sale          439                  37.14505695
Sale          1,300                37.20461508
Sale          400                  37.0875
Sale          6,900                37.10443478
Sale          30                   37.18
Sale          600                  37.18
Sale          900                  37.42
Sale          55                   37.23
Sale          2,900                37.13206897
Sale          6,200                37.20056613
Sale          300                  37.42
Sale          100                  37.15
Sale          1,300                37.26538462
Sale          100                  37.13
Sale          400                  37.1275
Sale          3,711                37.14754514
Sale          200                  37.19
Sale          40                   37.1800 USD
Sale          160                  37.1800 USD
Sale          204                  37.1800 USD
Sale          225                  37.1800 USD
Sale          320                  37.1800 USD
Sale          1,350                37.1800 USD
Sale          1,258                37.11402226
Sale          300                  37.10333333
Sale          159                  37.3835
Sale          900                  37.14
Sale          200                  37.2115
Sale          2,500                37.4016
Sale          1,536                37.2115
Sale          100                  37.071
Sale          400                  37.3375
Sale          846                  37.1800 USD
Sale          100                  37.1
Sale          4,100                37.10170732
Sale          1,595                37.12984326
Sale          400                  37.085025
Sale          2,600                37.09269231
Sale          100                  37.18
Sale          1,200                37.11625
Sale          300                  37.18
Sale          3,100                37.14774194
Sale          900                  37.1
Sale          710                  37.10235352
Sale          100                  37.18
Sale          100                  37.18

(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        1300               40        AMER         22/01/2011   2.35
Call            Purchasing        100                30        AMER         22/01/2011   7.6
Call            Purchasing        100                35        AMER         16/01/2010   2.4
Call            Purchasing        100                40        AMER         16/01/2010   0.4
Call            Purchasing        300                40        AMER         21/01/2012   3.3
Call            Purchasing        500                40        AMER         16/01/2010   0.4
Call            Purchasing        600                35        AMER         16/01/2010   2.4
Call            Purchasing        600                40        AMER         22/01/2011   2.25
Call            Purchasing        1100               35        AMER         16/01/2010   2.525
Call            Purchasing        1200               40        AMER         16/01/2010   0.4
Call            Purchasing        1600               35        AMER         20/02/2010   2.8
Call            Purchasing        2200               45        AMER         16/01/2010   0.075
Call            Purchasing        3600               45        AMER         16/01/2010   0.05
Call            Seliing           100                40        AMER         16/01/2010   0.4
Call            Selling           100                35        AMER         16/01/2010   2.525
Call            Selling           100                35        AMER         20/02/2010   3.1
Call            Selling           100                40        AMER         16/01/2010   0.4
Call            Selling           100                40        AMER         20/02/2010   0.75
Call            Selling           400                40        AMER         19/12/2009   0.225
Call            Selling           500                40        AMER         16/01/2010   0.4
Call            Selling           1100               35        AMER         16/01/2010   2.525
Call            Selling           1200               40        AMER         16/01/2010   0.4
Call            Selling           2200               45        AMER         16/01/2010   0.075
Call            Selling           2600               40        AMER         19/12/2009   0.25
Call            Selling           4700               40        AMER         19/12/2009   0.25
Call            Selling           4900               40        AMER         19/12/2009   0.25
Put             Purchasing        100                35        AMER         19/12/2009   0.3
Put             Purchasing        100                35        AMER         20/02/2010   1.04999999
Put             Purchasing        200                35        AMER         19/12/2009   0.375
Put             Purchasing        500                35        AMER         20/02/2010   1.04999999
Put             Purchasing        500                40        AMER         21/11/2009   2.875
Put             Purchasing        500                40        AMER         21/11/2009   2.93932850
Put             Purchasing        600                35        AMER         19/12/2009   0.30134625
Put             Purchasing        1000               35        AMER         20/02/2010   0.9
Put             Purchasing        1600               45        AMER         21/11/2009   7.94412790
Put             Purchasing        2700               35        AMER         19/12/2009   0.3
Put             Purchasing        11300              40        AMER         21/11/2009   2.94390805
Put             Selling           100                35        AMER         20/02/2010   1.04999999
Put             Selling           200                35        AMER         19/12/2009   0.375
Put             Selling           500                35        AMER         20/02/2010   1.04999999
Put             Selling           500                40        AMER         21/11/2009   2.875
Put             Selling           500                40        AMER         21/11/2009   2.93932850
Put             Selling           600                35        AMER         19/12/2009   0.30134625
Put             Selling           6300               40        AMER         21/11/2009   2.94390805

(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                         23 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 name,     Written or  Number of securities   Exercise price   Type, e.g.     Expiry date
e.g. call option  purchased   to which the option    (Note 2)         American,
                              or derivative relates                   European etc.
Option            Selling     -500                   50               AMER           20/02/2010
Option            Selling     -3,000                 50               AMER           22/01/2011
Option            Selling     -2,900                 50               AMER           16/01/2010
Option            Selling     -2,700                 45               AMER           21/11/2009
Option            Selling     -1,900                 25               AMER           22/01/2011
Option            Selling     -1,800                 30               AMER           16/01/2010
Option            Selling     -1,100                 40               AMER           21/01/2012
Option            Selling     -1,000                 25               AMER           16/01/2010
Option            Selling     -89,800                35               AMER           19/12/2009
Option            Selling     -600                   60               AMER           16/01/2010
Option            Selling     -4,000                 35               AMER           20/02/2010
Option            Selling     -400                   40               AMER           21/11/2009
Option            Selling     -300                   30               AMER           22/01/2011
Option            Selling     -300                   30               AMER           21/01/2012
Option            Selling     -200                   30               AMER           21/01/2012
Option            Selling     -200                   60               AMER           22/01/2011
Option            Selling     -100                   25               AMER           20/02/2010
Option            Selling     -100                   30               AMER           20/02/2010
Option            Selling     -900                   50               AMER           21/11/2009
Option            Selling     -8,500                 40               AMER           16/01/2010
Option            Selling     -52,500                40               AMER           21/11/2009
Option            Selling     -45,000                40               AMER           21/11/2009
Option            Selling     -35,000                45               AMER           19/12/2009
Option            Selling     -22,300                45               AMER           16/01/2010
Option            Selling     -17,400                40               AMER           22/01/2011
Option            Selling     -12,600                40               AMER           19/12/2009
Option            Selling     -12,500                40               AMER           16/01/2010
Option            Selling     -3,800                 30               AMER           16/01/2010
Option            Selling     -9,100                 40               AMER           22/05/2010
Option            Selling     -3,800                 20               AMER           20/02/2010
Option            Selling     -8,100                 45               AMER           22/05/2010
Option            Selling     -7,500                 35               AMER           22/05/2010
Option            Selling     -6,700                 50               AMER           21/11/2009
Option            Selling     -6,300                 35               AMER           22/05/2010
Option            Selling     -6,000                 40               AMER           21/11/2009
Option            Selling     -5,900                 45               AMER           21/11/2009
Option            Selling     -4,100                 35               AMER           21/11/2009
Option            Selling     -100                   70               AMER           16/01/2010
Option            Selling     -9,900                 30               AMER           21/11/2009
Option            Purchased   7,500                  40               AMER           20/02/2010
Option            Selling     -100                   50               AMER           19/12/2009
Option            Purchased   3,200                  45               AMER           21/11/2009
Option            Purchased   3,700                  45               AMER           20/02/2010
Option            Purchased   4,300                  40               AMER           19/12/2009
Option            Purchased   4,400                  40               AMER           22/05/2010
Option            Purchased   5,600                  35               AMER           22/01/2011
Option            Purchased   6,400                  50               AMER           20/02/2010
Option            Purchased   2,800                  45               AMER           16/01/2010
Option            Purchased   7,200                  50               AMER           16/01/2010
Option            Purchased   2,500                  50               AMER           22/05/2010
Option            Purchased   8,900                  35               AMER           16/01/2010
Option            Purchased   9,700                  30               AMER           21/11/2009
Option            Purchased   10,000                 45               AMER           22/01/2011
Option            Purchased   10,600                 40               AMER           20/02/2010
Option            Purchased   11,100                 35               AMER           20/02/2010
Option            Purchased   35,900                 45               AMER           21/11/2009
Option            Purchased   36,300                 45               AMER           16/01/2010
Option            Purchased   110,000                40               AMER           21/11/2009
Option            Purchased   7,000                  35               AMER           21/11/2009
Option            Purchased   500                    50               AMER           21/01/2012
Option            Purchased   149,900                45               AMER           21/11/2009
Option            Purchased   100                    35               AMER           19/12/2009
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                    22.5             AMER           21/11/2009
Option            Purchased   400                    30               AMER           22/01/2011
Option            Purchased   3,100                  35               AMER           16/01/2010
Option            Purchased   500                    50               AMER           22/01/2011
Option            Selling     -100                   55               AMER           20/02/2010
Option            Purchased   600                    30               AMER           22/05/2010
Option            Purchased   700                    20               AMER           22/01/2011
Option            Purchased   900                    45               AMER           22/01/2011
Option            Purchased   1,200                  20               AMER           16/01/2010
Option            Purchased   1,300                  25               AMER           21/11/2009
Option            Purchased   1,300                  50               AMER           21/01/2012
Option            Purchased   2,300                  45               AMER           19/12/2009
Option            Purchased   2,500                  40               AMER           22/01/2011
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