7 January 2010
Cadbury Announces Timetable for Investor Communications
Further to the announcement made by the Takeover Panel (the “Panel”) on 30 December 2009, Cadbury plc
(“Cadbury”) today sets out its proposed investor communications plan up to the publication of its second
response document on 15 January 2010.
Under normal circumstances the offeree can not provide material new information after Day 39 of the bid
timetable, in Cadbury’s case 12 January 2010. Cadbury has been given permission by the Panel to update its
second response document after this deadline to incorporate Cadbury’s latest 2009 summary financial
performance, which will only become available to Cadbury during the course of next week.
As a result, Cadbury will publish two versions of its second response document so that the latest more detailed
2009 financial information can be included in the final version. Both versions will be made available electronically,
with only the final version being posted to shareholders.
Tuesday 12 January
Cadbury will publish the first version of its second response document on 12 January. This will be in an electronic
format only and available at www.cadburyinvestors.com. This version of the second response document will set
out important new information for shareholders to consider, including an estimate of the headline results for 2009
1 and a comment on the outlook for 2010. The publication will be accompanied by a press statement including a
summary of the key information.
Thursday 14 January
After the UK market closes on 14 January, Cadbury will issue a press statement with more detail on 2009,
setting out the unaudited 2009 financial performance of the business by key lines within the profit and loss
account, revenue growth by category, and the performance of individual business units 2 .
At that time, Cadbury’s management will host a web-based conference call to provide a summary of its 2009
financial performance and answer investor and analyst questions. Details of the c