In accordance with 3/347/12.07.2005 Decision of the Board of Directors of the Hellenic Capital Market Commission, ELAIS - UNILEVER S.A. notifies that, on Monday the 4th of September 2006, Unilever Hellas A.E.B.E. announced, in accordance with the provisions of Greek law 3461/2006, the submission of a voluntary public offer for the purchase against cash of the rest of the common registered shares of the company which the offering company does not hold directly at the price of euro 24,50 per share.

Unilever Hellas A.E.B.E. participates in the share capital of ELAIS - UNILEVER S.A. by 21,35% holding directly 2.888.341 shares out of a total of 13.526.100 shares. Moreover, LIPOMA B.V., a company within Unilever Group, which holds 99% of the share capital of Unilever Hellas A.E.B.E, owns 6.174.144 shares, i.e. 45,65%, of the total paid-up share capital and voting rights of ELAIS - UNILEVER S.A.

The Board of Directors of ELAIS - UNILEVER S.A. shall draft and publish, acting within the deadlines provided by the law, a reasoned opinion regarding the public offer, taking into consideration the interests of the company, of all of its shareholders and its employees.