Nestlé S.A. today announced that the split of the nominal value of the company's shares at a 1:10 ratio and the consequent increase of the number of shares will become effective in public trading on Monday, 30 June 2008. The nominal value of the shares, listed on SWX Europe, will be CHF 0.10 each. Furthermore, the ratio between ordinary shares and American Depositary Receipts (ADRs) will be changed to 1:1.
The share split was approved by shareholders at the Annual General Meeting of NestléS.A. in Lausanne on 10 April 2008. The Board of Directors had proposed the split to increase the liquidity and tradability of Nestlé S.A. shares.
Media: Robin Tickle Tel.: +41 (0)21 924 22 00
Investors: Roddy Child-Villiers Tel.: +41 (0)21 924 36 22