Disposal

Unilever PLC 19 June 2001 Release: Immediate UNILEVER PLANS SALE OF WOMENS HEALTH DIAGNOSTIC SUBSIDIARY Unilever has announced today that it intends to seek buyers for its women's health diagnostics subsidiary, Unipath Limited, as it continues to focus resource behind selected consumer brands in its 'Path to Growth' Strategy. Unipath is best known for its Clearblue home pregnancy test and ClearPlan range of home ovulation and fertility monitoring systems, which are global leaders in their respective market sectors, and for the Persona method of contraception distributed in Europe. The company also produces a range of clinical diagnostic products for the medical profession. Announcing Unilever's intention to sell Unipath, Keki Dadiseth, Unilever director responsible for world-wide Home and Personal Care operations, said: 'Unipath has brought innovative technology to the women's health diagnostics market since its formation in 1984. It is a largely stand-alone business which we believe would benefit from a new parent company, better able to focus on developing its full potential.' Unipath's head office is in Bedford, UK. This is also the sole research, development and manufacturing site for its products and centre of its world-wide sales/distribution network. It employs a total 480 people of whom some 60 are dedicated to research and development projects. It has its own sales and distribution capability in United States, United Kingdom, the Netherlands, Scandinavia and Germany. In many other markets Unipath's products are sold through leading distributors. It is well placed to exploit emerging markets through this network and existing international distribution agreements. The business has enjoyed sound revenue growth over the past five years, averaging 15 per cent per annum. Sales for 2000 exceeded Euro100 million of which one-half came from Europe with the remainder divided roughly equally between the United States and the rest of the world. The business is profitable. Full consultation is being held with employee representatives about the proposed sale. Customers and suppliers will be kept informed. Deutsche Bank has been engaged to assist with the sale process and Unilever will continue to support the business. Further announcements will be made in due course as appropriate -o0o- June 19, 2001

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Unilever (ULVR)
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