Investor Presentaiton

* Why are we bullish on Russia? Nestle Russian Food market benefits from the macro-economic growth Japan 0.0% Germany 0.6% UK 0.9% Italy France Spain USA Brazil Canada Ukraine Ireland Thailand China 1.0% World weighted I average 2.5% World food retail sales CAGR (2004 - 2009F) 1.2% i 2.2% 2.4% 2.6% 3.0% 3.7% 4.6% 6.2% 6.9% Russia 0% 1% 2% 3% 4% 5% 6.9% T 6% 7% September, 2008 Source: DBUFG research

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