Schweppes

Morgan Stanley Global Consumer Conference Todd Stitzer 3 November, 2004 Changing Times, Constant Values AGENDA • Advantaged business model • Update on progress against goals and priorities 3 Long Established Brands 1927 1871 1885 1783 1824 1905 1905 4 Portfolio Development • Business significantly strengthened through M&A • Acquired - Snapple (2000) - Hollywood (2000) - Orangina (2001) - Dandy (2002) - Adams (2003) • Sold - Beverage operations in over 160 countries (1999) 5 Strong Positions in all Geographies and Product Categories N.America Hershey Mars Wrigley Nestle CS Share (%) 23.0% 19.9% 5.7% 5.3% 5.2% EMEA CS Nestle Mars Share (%) 10.3% 10.1% 8.0% 7.3% 7.1% 4.4% #1 and #2 share positions in top confectionery markets Chocolate Sugar 14 15 29 23 Ferrero Kraft Wrigley Latin.America CS Nestle Kraft Mars Hershey Wrigley Share (%) 16.4% 8.6% 4.3%