February 20, 2018/NSE

This message is to remind all, particularly Cadbury shareholders and other relevant “insiders”, that Cadbury Nigeria Plc has commenced a closed trading period from 19 February 2018 to end on 15 March 2018 a full trading day after the 2017 Audited Financial Statements have been released to the public, after which the trading period will be resumed.

During this period, Directors, Audit committee members, staff members and other interested parties who have regular access to Cadbury Nigeria Plc financial information, or other sensitive information which may materially affect the price of the securities of the company, should observe this earnings-related closed trading period and not buy or sell Cadbury Nigeria Plc shares.

This is in compliance with the rules of the Nigerian Stock Exchange. The rules are also spelled out in our C-14-Insider Trading.