DANONE Danone Company GROUPE DANONE Presentation made by

DANONE Danone Company GROUPE DANONE Presentation made by Milos Selaković

ABOUT GROUP & COMPANY. . . q HISTORY. . . q STRATEGY. . . q BRANDS. . . q FINANCE. . . q RESEARCH AND DEVELOPMENT. . . q VALUES. . . n

About the Group and the Company The Danone Group, parent company of the Dannon Company, Inc. , is the worldwide leader in water and fresh dairy products. The Dannon Company, Inc. , sells and produces six million cups of yogurt a day in almost 100 flavors, styles and sizes. The top-selling brand of yogurt worldwide, Dannon® is sold under the names Dannon and Danone.

n History Dannon was founded by Isaac Carasso in 1919. DANNON introduced yogurt with fruit on the bottom in 1947. The DANNON Institute, an independent, non-profit foundation dedicated to nutrition research, was founded in 1997.

n Strategy Over the years, the Danone Group has taken strategic steps to achieve a global presence, focusing on three business lines with high potential built on health and vitality: dairy products, biscuits and water.

BRANDS AND PRODUCTS Dairy products

DANONE BRANDS AND PRODUCTS Biscuits

DANONE BRANDS AND PRODUCTS Bottled water

DANONE Figures by business line and geographical area for the first 9 months 2004 are as follows:

n Research and Development To support those who are researching how food and nutrition can be used to improve health and fight disease, the Dannon Institute funds interdisciplinary fellowships and sabbaticals. Researchers funded by the Dannon Institute work in respected universities with nutritional scientists and researchers from other disciplines. Together, they learn how nutrition impacts society, fights or prevents disease and helps people live longer, healthier lives.

n Values The Danone Groupe and The Dannon Company are committed to being socially responsible companies and good corporate citizens. The Dannon Company, Inc. , conducts business in a manner that offers maximum protection to our environment. Our goal for each facility is to protect water, air and soil. To this end, environmental objectives and targets for improvement are continually being identified and pursued.

DANONE. . . FOR YOU. . . The date stamped on each DANNON container that we manufacture is your guarantee of freshness.