HERSHEY, Pa., Oct. 2 /PRNewswire-FirstCall/ -- The Board of Directors of
The Hershey Company (NYSE: HSY) today declared quarterly dividends of $0.2975
on the Common Stock and $0.2678 on the Class B Common Stock. The dividends are
payable December 14, 2007, to stockholders of record November 21, 2007. It is
the 312th consecutive regular dividend on the Common Stock and the 93rd
consecutive regular dividend on the Class B Common Stock.
Safe Harbor Statement
This release contains statements which are forward-looking. These
statements are made based upon current expectations which are subject to risk
and uncertainty. Actual results may differ materially from those contained in
the forward-looking statements. Factors which could cause results to differ
materially include, but are not limited to: our ability to implement and
generate expected ongoing annual savings from the initiatives to transform our
supply chain and advance our value-enhancing strategy; changes in raw material
and other costs and selling price increases; our ability to execute our supply
chain transformation within the anticipated timeframe in accordance with our
cost estimates; the impact of future developments related to the product
recall and temporary plant closure in Canada in the fourth quarter of 2006,
including our ability to recover costs we incurred for the recall and plant
closure from responsible third-parties; pension cost factors, such as
actuarial assumptions, market performance and employee retirement decisions;
changes in our stock price, and resulting impacts on our expenses for
incentive compensation, stock options and certain employee benefits; market
demand for our new and existing products; changes in our business environment,
including actions of competitors and changes in consumer preferences; changes
in governmental laws and regulations, including taxes; risks and uncertainties
related to our international operations; and such other matters as discussed
in our Annual Report on Form 10-K for 2006.
SOURCE The Hershey Company
/CONTACT: Media, Kirk Saville, +1-717-534-7641; Financial, Mark Pogharian,
+1-717-534-7556, both of The Hershey Company/
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