Disposal

Unilever PLC
2 July 2002


Release: Immediate

           UNILEVER COMPLETES SALE OF MAZOLA AND OTHER FOOD BRANDS TO

                            ACH FOOD COMPANIES, INC.



Unilever today announced that it has completed the sale of 19 of its food brands
to ACH Food Companies, Inc., a subsidiary of London-based Associated British
Foods plc for approximately $360 million in cash.

In April 2002, Unilever signed a definitive agreement to sell the 19 brands and
related assets. The major brands include Mazola cooking oil, Argo and
Kingsford's cornstarches, Karo and Golden Griddle syrups, and Henri's salad
dressing, and a number of related Canadian brands.

Unilever will continue to assist ACH in day-to-day operations under a
transitional services agreement for up to six months.

                                     -o0o-

July 2 2002



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