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Unilever NV. (UN)

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Wednesday 06 July, 2005

Unilever NV.

Cancellation and delisting

Unilever NV
06 July 2005

                     NLG 0.10 CUMULATIVE PREFERENCE SHARES

On 10 May 2005, the general meeting of shareholders of Unilever N.V. resolved to
cancel all outstanding cumulative preference shares each with a nominal value of
NLG 0.10 (approximately EUR 0.05*) in the share capital of Unilever N.V.

The cancellation of the NLG 0.10 cumulative preference shares will be effective
as of midnight 13 July 2005 CET. The securities will be delisted from Eurolist
by Euronext as per 14 July 2005.

In connection with the cancellation becoming effective, Unilever N.V. will make
a net payment of EUR 0.05 per NLG 0.10 cumulative preference share. This amount
is the sum, rounded to the nearest full eurocent, of EUR 0.045378, being the
remaining notional value per NLG 0.10 cumulative preference share, and EUR
0.000060, being the dividend for the period from 9 June 2005 until cancellation.
The Dutch dividend withholding tax that is owed will be borne by Unilever N.V.
The Dutch dividend withholding tax to be paid per NLG 0.10 cumulative preference
share is EUR 0.001541.

Holders of NLG 0.10 cumulative preference shares in bearer form will be paid
through their custodian.

Holders of NLG 0.10 cumulative preference shares in registered form will be
informed separately about the consequences of cancellation by N.V. Algemeen
Nederlands Trustkantoor ANT, Herengracht 420, Amsterdam. A copy of the letter
addressed to these holders may also be found on

If the resolution to cancel the NLG 0.10 cumulative preference shares does not
enter into force as meant in article 100 paragraph 5 book 2 of the Dutch civil
code, the NLG 0.10 cumulative preference shares may be cancelled and delisted as
per a later date, and the payment in connection therewith delayed. In this case,
Unilever N.V. will make a further announcement.

July 6 2005

* The euro amount shown above is a representation in euros on the basis of
article 67c of book 2 of the Dutch civil code, rounded to two decimal places, of
underlying share capital in Dutch guilders, which have not been converted into
euros in Unilever N.V.'s articles of association.

SAFE HARBOUR STATEMENT: This announcement may contain forward-looking
statements, including 'forward-looking statements' within the meaning of the
United States Private Securities Litigation Reform Act of 1995. Words such as
'expects', 'anticipates', 'intends' or the negative of these terms and other
similar expressions of future performance or results and their negatives are
intended to identify such forward-looking statements. These forward-looking
statements are based upon current expectations and assumptions regarding
anticipated developments and other factors affecting the Group. They are not
historical facts, nor are they guarantees of future performance. Because these
forward-looking statements involve risks and uncertainties, there are important
factors that could cause actual results to differ materially from those
expressed or implied by these forward-looking statements, including, among
others, competitive pricing and activities, consumption levels, costs, the
ability to maintain and manage key customer relationships and supply chain
sources, currency values, interest rates, the ability to integrate acquisitions
and complete planned divestitures, physical risks, environmental risks, the
ability to manage regulatory, tax and legal matters and resolve pending matters
within current estimates, legislative, fiscal and regulatory developments,
political, economic and social conditions in the geographic markets where the
Group operates and new or changed priorities of the Boards. Further details of
potential risks and uncertainties affecting the Group are described in the
Group's filings with the London Stock Exchange, Euronext Amsterdam and the US
Securities and Exchange Commission, including the Annual Report and Accounts on
Form 20-F. These forward-looking statements speak only as of the date of this
document. Except as required by any applicable law or regulation, the Group
expressly disclaims any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained herein to
reflect any change in the Group's expectations with regard thereto or any change
in events, conditions or circumstances on which any such statement is based.

                      This information is provided by RNS
            The company news service from the London Stock Exchange