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(unaudited)						Six months ended 30th June					Year ended 31st December
	Continuing activities US$m			Discontinued activities US$m			1998 Total US$m		1997 Total US$m		1997 Total US$m
Sales (note 2)		2,889.0			-		2,889.0		3,487.9		6,888.3
Cost of sales		(2,138.2)			-		(2,138.2)		(2,627.9)		(5,124.9)
Gross margin		750.8			-		750.8		860.0		1,763.4
Net operating costs		(701.6)			-		(701.6)		(824.1)		(1,646.4)
Operating profit		49.2			-		49.2		35.9		117.0
Share of profits less losses of associates		10.6			3.1		13.7		31.5		66.5
Net profit on sale of European operations (note 3)		-			38.0		38.0		-		-
Net profit on sale of Nestlé Dairy Farm		-			-		-		-		24.6
Closure costs of Wellsave Japan and Mannings Taiwan		-			-		-		-		(54.5)
Profit before interest (note 2)		59.8			41.1		100.9		67.4		153.6
Net interest income/ (expenses)		3.7			-		3.7		(6.9)		(13.5)
Profit before taxation		63.5			41.1		104.6		60.5		140.1
Taxation (note 4)		(10.6)			(1.2)		(11.8)		(16.6)		(36.6)
Minority interests		0.6			-		0.6		2.8		22.5
Profit after taxation and minority interests		53.5			39.9		93.4		46.7		126.0
Preference dividends		(6.6)			-		(6.6)		(6.8)		(13.6)
Profit attributable to ordinary Shareholders		46.9			39.9		86.8		39.9		112.4
Ordinary dividends		(30.3)			-		(30.3)		(30.1)		(109.7)
Retained profit for the period		16.6			39.9		56.5		9.8		2.7
							US¢		US¢		US¢
Earnings per ordinary share (note 5)							4.74		2.26		6.26
Earnings per ordinary share from continuing activities (note 5)							2.57		2.51		7.20
Dividends per ordinary share							1.65		1.65		6.00