US DOLLAR SUPPLEMENT TO THE UNILEVER SECOND QUARTER AND HALF YEAR RESULTS 2006

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Vivien Georgina Sherman
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1 US DOLLAR SUPPLEMENT TO THE UNILEVER SECOND QUARTER AND HALF YEAR RESULTS This document is a supplement to the Unilever second quarter half year results 2006 is prepared for reference purposes only, Unilever s reporting currency is the Euro. The income statement, statement of recognised income expense, movements in equity cash flow statement are translated at current in each period. These were 1 = US $1.23 for the first six months of = US $1.28 for the first six months of The balance sheet is translated at period-end of exchange. These were 1 = US $1.27 at 1 July 2006, 1 = US $1.18 at 31 December = US $1.21 at 2 July Certain items in the income statement statement of recognised income expense, notably currency retranslation recognised on the disposal of businesses, will not reflect the result which would arise if the reporting currency were to be US dollar. INCOME STATEMENT Second Quarter Half Year Increase/ (Decrease) Constant Current Continuing operations: Increase/ (Decrease) Current Constant % 3% % 3% % 21% % 10% After (charging)/crediting: (125) (36) Restructuring (198) (63) 48 (420) Business disposals impairments 191 (327) (143) (190) Net finance costs (289) (388) (22) 3 Finance income (138) (178) Finance costs (398) (482) 17 (15) Pensions similar obligations 26 (35) Share in net profit/(loss) of joint ventures (9) Share in net profit/(loss) of associates 7 (10) 9 16 Other income from non-current investments % 29% Profit before taxation % 16% (431) (398) Taxation (803) (757) % 38% Net profit from continuing operations % 19% Net profit/(loss) from discontinued operations % 34% Net profit for the period % 17% Attributable to: Minority interests % 36% Shareholders equity % 16% Combined earnings per share % 38% Total operations (Dollars) % 18% % 39% Total operations diluted (Dollars) % 18% % 42% Continuing operations (Dollars) % 20% % 43% Continuing operations diluted (Dollars) % 21%

2 2 STATEMENT OF RECOGNISED INCOME AND EXPENSE Half Year Fair value gains/(losses) on financial instruments net of tax 7 15 Actuarial gains/(losses) on pension schemes net of tax 8 15 Currency retranslation gains/(losses) net of tax 255 (388) Net income/(expense) recognised directly in equity 270 (358) Net profit for the period Total recognised income expense for the period Attributable to: Minority interests Shareholders equity MOVEMENTS IN EQUITY Half Year Equity at 1 January Total recognised income expense for the period Dividends (1 557) (1 574) Conversion of preference shares (Purchase)/sale of treasury stock (16) (368) Share option credit Dividends paid to minority shareholders (118) (136) Currency retranslation gains/(losses) net of tax 55 (106) Other movements in equity 6 Equity at the end of the period

3 3 BALANCE SHEET 1 July December July 2005 Non-current assets Goodwill intangible assets Property, plant equipment Pension asset for funded schemes in surplus Deferred tax assets Other non-current assets Total non-current assets Assets held for sale Current assets Inventories Trade other current receivables Other financial assets Cash cash equivalents Total current assets Current liabilities Borrowings due within one year (7 549) (7 036) (9 083) Trade payables other current liabilities (10 155) (10 251) (10 421) Restructuring other provisions (632) (762) (1 189) Total current liabilities (18 336) (18 049) (20 693) Net current assets/(liabilities) (4 581) (5 260) (6 635) Total assets less current liabilities Non-current liabilities Borrowings due after one year Pension liability for funded schemes in deficit Pension liability for unfunded schemes Restructuring other provisions Deferred tax liabilities Other non-current liabilities Total non-current liabilities Liabilities held for sale Equity Shareholders equity Minority interests Total equity Total capital employed

4 4 CASH FLOW STATEMENT Half Year Operating activities Cash flow from operating activities Income tax paid (535) (995) Net cash flow from operating activities Investing activities Interest received Net capital expenditure (541) (429) Acquisitions disposals Other investing activities Net cash flow from/(used in) investing activities (196) 205 Financing activities Dividends paid on ordinary share capital (1 468) (1 400) Interest preference dividends paid (342) (467) Change in borrowings finance leases Purchase of treasury stock (17) (366) Other financing activities (90) (128) Net cash flow from/(used in) financing activities (1 857) (1 942) Net increase/(decrease) in cash cash equivalents (259) (8) Cash cash equivalents at the beginning of the year Effect of foreign exchange rate changes 443 (262) Cash cash equivalents at the end of period ANALYSIS OF NET DEBT 1 July December 2005 Total borrowings (15 316) (14 681) Borrowings due within one year (7 549) (7 036) Borrowings due after one year (7 767) (7 645) Cash cash equivalents as per balance sheet Cash cash equivalents as per cash flow statement Add bank overdrafts deducted therein Less cash cash equivalents in assets/liabilities held for sale (1) Other financial assets Derivatives finance leases included in other receivables other liabilities (233) 39 Net debt (13 152) (12 435)

5 GEOGRAPHICAL ANALYSIS Continuing operations Second Quarter Europe Americas Asia Africa Total Change (0.4)% 5.3% 5.8% 3.1% Exchange (0.5)% 2.4% (1.6)% 0.1% Acquisitions 0.0% 0.0% 0.0% 0.0% Disposals (0.9)% (0.7)% (1.1)% (0.9)% Underlying sales growth 1.0% 3.6% 8.7% 3.9% Price (0.2)% 1.6% 1.4% 0.8% Volume 1.2% 1.9% 7.2% 3.0% Change current (21.1)% 244.6% (0.5)% 20.9% Change constant (21.0)% 237.5% 0.6% 20.8% % 4.9% 13.0% 11.9% % 16.0% 12.3% 14.0% Includes restructuring, business disposals impairments % (11.0)% 0.2% (3.6)% 2006 (1.6)% 0.4% (0.5)% (0.6)% Continuing operations Half Year Europe Americas Asia Africa Total Change (4.5)% 6.0% 5.2% 1.6% Exchange (3.8)% 3.2% (1.8)% (0.8)% Acquisitions 0.0% 0.0% 0.0% 0.0% Disposals (1.0)% (0.5)% (1.1)% (0.9)% Underlying sales growth 0.3% 3.2% 8.3% 3.4% Price (0.4)% 1.5% 1.2% 0.7% Volume 0.7% 1.7% 7.0% 2.7% Change current (14.0)% 67.3% (1.7)% 8.8% Change constant (10.7)% 60.7% (0.2)% 9.8% % 9.7% 13.2% 13.4% % 15.3% 12.3% 14.4% Includes restructuring, business disposals impairments % (5.8)% 0.6% (1.6)% 2006 (0.4)% 0.0% 0.5% 0.0% of discontinued operations Second Quarter Europe Americas Asia Africa Total of discontinued operations Half Year Europe Americas Asia Africa Total

6 6 PRODUCT AREA ANALYSIS Continuing operations Second Quarter Savoury, dressings spreads Ice cream beverages Foods care Home care other Home Care Total Change 2.4% 1.7% 3.1% 6.5% 1.4% 4.4% 3.1% Exchange 0.7% (0.9)% 1.0% 0.5% 0.3% 0.3% 0.1% Acquisitions 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Disposals (1.5)% (0.4)% (1.0)% (1.1)% (0.3)% (0.7)% (0.9)% Underlying sales growth 3.2% 3.0% 3.1% 7.1% 1.4% 4.8% 3.9% Change current (10.0)% 432.2% 43.5% 8.3% (23.6)% (1.3)% 20.9% Change constant (10.9)% 502.0% 45.3% 6.6% (25.3)% (3.0)% 20.8% % 3.1% 10.6% 16.1% 10.2% 13.7% 11.9% % 16.1% 14.8% 16.4% 7.7% 12.9% 14.0% Continuing operations Half Year Savoury, dressings spreads Ice cream beverages Foods care Home care other Home Care Total Change (0.5)% 1.2% 0.1% 5.5% 0.3% 3.4% 1.6% Exchange (1.4)% (1.3)% (1.5)% 0.0% (0.7)% (0.3)% (0.8)% Acquisitions 0.0% 0.0% 0.0% 0.0% 0.1% 0.0% 0.0% Disposals (1.5)% (0.3)% (1.0)% (0.8)% (0.5)% (0.7)% (0.9)% Underlying sales growth 2.5% 2.8% 2.6% 6.4% 1.4% 4.4% 3.4% Change current (8.4)% 167.2% 18.4% 6.9% (19.6)% (1.2)% 8.8% Change constant (6.5)% 179.2% 21.3% 5.9% (20.0)% (2.0)% 9.8% % 5.2% 12.5% 17.1% 10.9% 14.6% 13.4% % 13.6% 14.7% 17.4% 8.7% 13.9% 14.4%

7 EARNINGS PER SHARE FOR TOTAL OPERATIONS IN US DOLLARS FOR THE HALF YEAR 7 Combined EPS Thouss of units Average number of combined share units Net profit attributable to shareholders equity Combined EPS (Dollars) Combined EPS Diluted Thouss of units Adjusted average number of combined share units Adjusted net profit attributable to shareholders equity Combined EPS diluted (Dollars)

CONSOLIDATED PROFIT AND LOSS ACCOUNT CONSTANT EXCHANGE RATES (unaudited)

18 CONSOLIDATED PROFIT AND LOSS ACCOUNT CONSTANT EXCHANGE RATES (unaudited) Note: A description of the exchange rate conventions used is given on page 16. Fourth Quarter Millions constant rates Full Year