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Who we are Note: all market information sourced from Euromonitor Q3 2009 results highlights 2008 Base-business revenue growth by busienss unit 2008 Revenue growth by category and focus brands 2008 Revenue growth: emerging and developed markets 2008 revenues by region 2008 revenues by category 2008 revenues by emerging and developed markets Financial fact-sheet: Q3 2009 B&I 24% MEA 7% Europe 20% North America 22% South America 8% Asia 6% Pacific 13% Candy 21% Gum 33% Chocolate 46% Developed 63% Emerging 37% 6% 10% 6% 10% 6% 9% 0% 2% 4% 6% 8% 10% 12% Chocolate Gum Candy All Focus 12% 4% 12% 6% 0% 2% 4% 6% 8% 10% 12% 14% Emerging Developed All Focus 4.5% 14.3% 3.8% 7.4% 17.6% 16.4% 1.5% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0% B&I MEA Europe N. America S. America Asia Pacific Cadbury Reports Excellent Third Quarter Highlights • Third quarter revenue growth of 7% in constant currency o Good growth in Chocolate (up 7%), led by continued strong performances in the UK, India and South Africa o Improved growth in Gum (up 4%) and Candy (up 11%) reflecting strong performances in emerging markets and growth in North America and Europe o Excellent growth in Britain & Ireland (up 10%) and emerging markets (South America up 18%, Asia and Middle East and Africa up 14%) o Year to date revenue growth of 5%, ahead of previous expectations • Year to date underlying operating margin growth of over 180 bps underpinned by a strong third quarter o Year to date gross margin improved by 20bps on a constant currency basis o Marketing investment as a percentage of sales was 10.4% on a constant currency basis reflecting the benefits of media deflation. Absolute marketing spend in the quarter was unchanged compared to the prior year o Year to date savings from Vision into Action plan reduced SG&A costs by c.110 bps Todd Stitzer, Cadbury’s CEO said: “We have great momentum in our business and our confectionery strategy continues to yield benefits beyond expectations. In the third quarter we have delivered growth in every category and every business. At the same time, we have maintained our investments in innovation and marketing to reinforce our commitment to delivering future growth. Roger Carr, Chairman of Cadbury, added: “The strength of our operating performance continues to underpin the Board's confidence in both our growth prospects and the potential for creating further, material shareholder value as a pure play standalone confectionery business". Except where stated, all percentages are calculated using constant currency

Financial fact-sheet: Q3 2009 Who we are - Investis CMSfiles.investis.com/.../docs/0910_Quarterly_factsheet.pdf · 2009-10-20 · Who we are Note: all market ... Senior management

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Who we are

Note: all market information sourced from Euromonitor

Q3 2009 results highlights

2008 Base-business revenue growth by busienss unit 2008 Revenue growth by category and focus brands 2008 Revenue growth: emerging and developed markets

2008 revenues by region 2008 revenues by category 2008 revenues by emerging and developed markets

Financial fact-sheet: Q3 2009

B&I

24%

MEA

7%

Europe

20%

North

America

22%

South

America 8%

Asia

6%

Pacific 13%

Candy

21%

Gum

33%

Chocolate

46%Developed

63%

Emerging

37%

6%

10%

6%

10%

6%

9%

0%

2%

4%

6%

8%

10%

12%

Chocolate Gum Candy

All Focus

12%

4%

12%

6%

0%

2%

4%

6%

8%

10%

12%

14%

Emerging Developed

All Focus

4.5%

14.3%

3.8%

7.4%

17.6%

16.4%

1.5%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%

B&I MEA Europe N.

America

S.

America

Asia Pacific

Cadbury Reports Excellent Third Quarter

Highlights

• Third quarter revenue growth of 7% in constant currency

o Good growth in Chocolate (up 7%), led by continued strong performances in the UK, India and South Africao Improved growth in Gum (up 4%) and Candy (up 11%) reflecting strong performances in emerging markets and growth in North America and Europeo Excellent growth in Britain & Ireland (up 10%) and emerging markets (South America up 18%, Asia and Middle East and Africa up 14%)o Year to date revenue growth of 5%, ahead of previous expectations

• Year to date underlying operating margin growth of over 180 bps underpinned by a strong third quarter

o Year to date gross margin improved by 20bps on a constant currency basiso Marketing investment as a percentage of sales was 10.4% on a constant currency basis reflecting the benefits of media deflation. Absolute marketing spend in the quarter was unchanged compared to the prior yearo Year to date savings from Vision into Action plan reduced SG&A costs by c.110 bps

Todd Stitzer, Cadbury’s CEO said: “We have great momentum in our business and our confectionery strategy continues to yield benefits beyond expectations. In the third quarter we have delivered growth in every category and every business. At the same time, we have maintained our investments in innovation and marketing to reinforce our commitment to delivering future growth.

Roger Carr, Chairman of Cadbury, added: “The strength of our operating performance continues to underpin the Board's confidence in both our growth prospects and the potential for creating further, material shareholder value as a pure play standalone confectionery business".Except where stated, all percentages are calculated using constant currency

Our Vision into Action Performance scorecard

2008 (3)

Fewer, Faster, Bigger, Better Balance Sheet

Focus brands Focus markets Focus customers 31-Dec-07 31-Dec-08 30-Jun-09 2008 H1 2009

% 2008 sales 49 % 2008 sales 70 % 2008 sales 14

FY sales growth 8.0% FY sales growth 7.6% FY sales growth 8.0% Net debt 3,219 1,887 1,763 Assets £17m £0m

Interest cover 7.6x 7.6x 7.9x Liabilities £(275)m £(482)m

Cadbury Dairy Milk UK Wal*Mart Net debt / EBITDA 2.5x 2.1x 1.9x Net £(258)m £(482)m

Green & Blacks US Carrefour P&L pension credit/(charge) £27m £(3)m

Flake Australia Tesco

Crème Egg France Metro

Halls Japan Costco Forthcoming events Recent announcements

TNCC Mexico 7-11

Eclairs South Africa Lidl To be confirmed 24-Dec-08 Agreement for sale of Australia Beverages for £550m

Trident Brazil 25-Feb-09 FY08 results: Strong growth in sales, margins and earnings

Dentyne Russia 05-Mar-09 GBP300m bond issued: 5-year maturity, 5.375% coupon

Clorets India 03-Apr-09 Completion of sale of Australia Beverages for £550m

Bubbas Turkey 30-Apr-09 Q1 results : Further progress in first quarter with guidance for 2009 unchanged

Hollywood China 18-Jun-09 Trading update: Reconfirmation of guidance for 2009

Stimorol 21-Oct-09 Q3 IMS

Contact information Share information

Senior management Share price performance Cadbury relative share price performance: 12 months to 19 October 2009

Roger Carr Chairman

Todd Stitzer Chief Executive Officer

Andrew Bonfield Chief Financial Officer

Average price 576p 582p

Registered office +44 (0) 1895 615 000 High 805p 805p

Cadbury House www.cadbury.com Low 487p 487p

Sanderson Road Cadbury return 48.9% 31.0%

Uxbridge, UB8 1DH FTSE 100 return 23.3% 19.1%

United Kingdom FTSE Euro food producers 7.8% 17.9%

Investor Relations +44 (0) 1895 615 124 Listings Reuters Bloomberg

John Dawson IR Director London Stock Exchange 10p ords CBRY-LN CBRY

Michelle Rees, Basak Kotler IR Managers New York Stock Exchange ADRs CBY-N CBY-N

Debbie Holmes IR Executive

www.cadburyinvestors.com/cadbury_ir

Financial fact-sheet: Q3 2009

Pension assets on balance

sheet

20/10/08 to

19/10/09

Year to

20/10/09

Choc

Candy

Gum

Developed

markets

Emerging

markets

65

75

85

95

105

115

125

135

145

155

Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09

Cadbury FTSE 100 Food Producers