Acquisition

Associated British Foods PLC
29 November 2002


29 November 2002


                      Completion of Ovomaltine Acquisition

Associated British Foods plc, the international food, ingredients and retail
group, today announced the completion of its acquisition from Novartis of
Ovomaltine and associated brands.


For further information, please contact:

Associated British Foods
Geoff Lancaster                                      [phone]

Citigate Dewe Rogerson
Chris Barrie                                         [phone]
Sara Batchelor



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            The company news service from the London Stock Exchange