Disposal

Unilever PLC
22 November 2002

Release: Immediate

                      UNILEVER AGREES TO SELL IBERIA FOODS

Unilever today announced that it has signed a definitive agreement to sell its
Iberia Foods business to an affiliate of the Brooklyn Bottling Group ('BBG') of
Brooklyn, New York. The sale of this distributor of food and cleaning products
to Hispanic-American consumers is expected to be completed by year end.
Financials terms of the deal are not being disclosed.

Iberia Foods, which has annual sales of over $43 million, services more than
3,000 supermarkets, club stores, wholesalers and distributors in parts of the
East Coast of the U.S. Its products are geared toward the tastes and needs of
Hispanic Americans. As part of the agreement, Iberia Foods, through Brooklyn
Bottling Group, will continue to distribute certain Unilever products.

BBG is a vertically integrated food and beverage business with manufacturing,
warehousing, sales, marketing and distribution capabilities.  Through its World
Foods division, BBG imports and distributes a product portfolio comprised of
Caribbean and Latino foods from its distribution centers in upstate New York,
New York City, Miami and Atlanta.  In addition, BBG distributes proprietary
brands in the soft drink and juice segments.

The proposed sale by Unilever is part of the company's Path to Growth strategy,
a five-year strategic plan announced in February 2000 designed to accelerate
top-line growth and further increase operating margins. The plan includes a
series of initiatives to focus on fewer, stronger brands and businesses, and to
promote faster growth.

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November 22 2002


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