Cadbury: Clarifies 10P Special Dividend Details

Cadbury PLC (CBRY.LN) said Thursday that the special dividend of 10 pence (net) per Cadbury Share, will be paid to all Cadbury Shareholders on the register at the close of business on the date on which the recommended final offer by Kraft Foods Inc. (KFT) becomes or is declared wholly unconditional.

MAIN FACTS:

-Currently expected to be Feb. 2.

-The Special Dividend will be paid to both Cadbury Shareholders who have accepted the Final Offer prior to the time at which the Final Offer becomes or is declared wholly unconditional and Cadbury Shareholders who have not accepted the Final Offer by that time.

-Accordingly, Cadbury Shareholders on the register at the close of business on the Existing Shareholders Record Date will receive the Special Dividend from Cadbury.

-However if those Cadbury Shareholders sell their Cadbury Shares in the market prior to the ex dividend date, then the purchaser of those shares will have a market claim against the relevant Cadbury Shareholder for the value of the Special Dividend.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; [phone]; [e-mail]