FIRST QUARTER: GOOD START TO THE YEAR
• Turnover increased by 11.9% to €12.1 billion
First quarter highlights
• Underlying sales growth 8.4% with emerging markets up 11.9% and developed markets up 4.2%; all categories contributing to growth
• Underlying volume growth 3.5%, pricing up 4.7%
• Acquisitions net of disposals contributed 2.7% to turnover; Alberto Culver brands performing well and Concern Kalina integration on track
• Quarterly dividend up 8% to €0.243

Paul Polman: Chief Executive Officer statement
“We have made a good start to the year which underlines the progress that we have made in transforming Unilever into a sustainable growth company. We have grown ahead of our markets with all Categories delivering positive volume growth. Emerging markets, now 56% of the business, have again delivered strong growth and whilst the good performance in developed markets was against a weak prior year comparator, our performance is pleasing given struggling economies, continued fragile consumer confidence and competitor activity.
The Unilever Sustainable Living Plan is at the heart of our strategy. Increasingly, sustainable growth will be the only acceptable way of doing business. Our future success depends upon being able to decouple growth from our environmental footprint while at the same time increasing our positive social impacts. We are now seeing increasing evidence that this can drive business growth. For example, Lifebuoy is growing consistently as we roll out our hand washing programmes, enter new markets and launch new products such as Lifebuoy Clini-Care10, which delivers breakthrough technology for germ protection and superior skin care.
The external macro-economic environment remains difficult and higher input cost headwinds persist. We continue to implement our strategy with discipline and to manage our brands for the long term health of the business. Our long term priorities remain unchanged - profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cash flow. For 2012, we remain on track to deliver a modest
improvement in full year core operating margin, weighted towards the second half of the year.”

OPERATIONAL REVIEW: CATEGORIES
First Quarter 2012
Turnover USG UVG UPG
(unaudited) €m % % %
Unilever Total 12,144 8.4 3.5 4.7
Personal Care 4,260 10.4 6.1 4.0
Foods 3,568 5.9 0.4 5.5
Home Care 2,198 10.0 4.7 5.1
Refreshment 2,118 7.4 2.9 4.3
The first quarter results reflect solid performance in challenging market conditions. Despite sluggish economies, weak consumer confidence in many markets and sustained levels of competitive intensity, all of our Categories
grew strongly with a positive contribution from volume.
Growth in emerging markets was 11.9% whilst developed markets grew 4.2%. We had the benefit of the extra leap year day and an easy prior year comparator in Europe, in part due to Easter falling earlier than in 2011.
Overall underlying sales growth across the first half of 2012 will give a better reflection of the underlying progress of the business than the first three months.

DIVIDENDS
The Boards have declared a quarterly interim dividend for Q1 2012 at the following rates which are equivalent in
value at the rate of exchange applied under the terms of the Equalisation Agreement between the two companies:
Per Unilever N.V. ordinary share: € 0.2430
Per Unilever PLC ordinary share: £ 0.1981
Per Unilever N.V. New York share: US$ 0.3198
Per Unilever PLC American Depositary Receipt: US$ 0.3198
The quarterly interim dividends have been determined in euros and converted into equivalent sterling and US
dollar amounts using exchange rates issued by the European Central Bank on 24 April 2012.
The quarterly interim dividends will be payable as from 13 June 2012, to shareholders registered at close of
business on 11 May 2012. The shares will go ex-dividend on 9 May 2012.
US dollar checks for the quarterly interim dividend will be mailed on 12 June 2012 to holders of record at the close
of business on 11 May 2012. In the case of the NV New York shares, Netherlands withholding tax will be deducted.