July 2, 2008 Nestle S.A. Avenue Nestle, 55 CH-1800 Vevey Switzerland Attention: David Frick, Esq. NESTLE S.A. - Change in the ADS to Share Ratio ---------------------------------------------- Ladies and Gentlemen: Reference is made to the Second...Deposit Agreement • July 7th, 2009 • Nestle Sa • Food and kindred products • New York
Reference is made to the Second Amended and Restated Deposit Agreement, dated as of May 23, 2007 (the "Deposit Agreement"), by and among Citibank, NA., as Depositary (the "Depositary"), Nestle S.A. (the "Company"), and all Holders and Beneficial Owners of American Depositary Shares ("ADSs") issued thereunder, each four (4) ADSs representing one (1) Share (as defined in the Deposit Agreement). Capitalized terms used herein without definition shall have the meaning assigned thereto in the Deposit Agreement.
