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Givaudan transfers United Kingdom flavour production

Geneva, 12 February 2003 - Givaudan has decided to transfer its flavour production from Milton Keynes (United Kingdom) to Dortmund (Germany).

This transfer allows Givaudan to increase the overall efficiency of its European flavour manufacturing set-up and to optimise European capacity utilisation in liquid compounding. The transfer activities will start in March and should be completed by autumn 2003. Approximately 60 employees are affected by this decision. Givaudan will make every effort possible to avoid hardship.

In flavours, Givaudan continues to maintain a strong marketing and sales presence in the United Kingdom as well as a state-of-the-art centre for flavour creation and application. In fragrances, Givaudan operates a technology centre near London.

For further information please contact:
Peter Wullschleger, Givaudan Media Relations
5, chemin de la Parfumerie, CH-1214 Vernier
T +41 22 780 90 93, F +41 22 780 90 90