Unilever PLC

Capital/Financing Update • Feb 3, 2017

UNILEVER PLC

Issue of £350,000,000 1.125 per cent. Notes due February 2022

Guaranteed by UNILEVER N.V. and UNILEVER UNITED STATES, INC.

under the U.S.\$15,000,000,000 Debt Issuance Programme

Part A - Contractual Terms

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Information Memorandum dated 22 April 2016 and the supplement to it dated 26 January 2017 which together constitute a base prospectus (the "Information Memorandum") for the purposes of Directive 2003/71/EC, as amended (the "Prospectus Directive"). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5(4) of the Prospectus Directive and must be read in conjunction with the Information Memorandum.

Full information on the Issuer, the Guarantors and the Notes described herein is only available on the basis of a combination of these Final Terms and the Information Memorandum. The Information Memorandum has been published for the purposes of Article 14(2) of the Prospectus Directive on the website of the Regulatory News Service operated by the London Stock Exchange at http://www.londonstockexchange.com/news/market-news/rns/rns.htm and copies may be obtained from Unilever PLC at 100 Victoria Embankment, London EC4Y 0DY and Unilever N.V. at Weena 455, 3013 AL, Rotterdam.

Series No.:	46
Tranche No.:	1
Issuer:	Unilever PLC
Guarantors:	Unilever N.V., having its corporate seat in Rotterdam, The Netherlands and Unilever United States, Inc.
Title of Notes:	£350,000,000 1.125 per cent. Notes due February 2022
Specified Currency or Currencies:	Pounds Sterling ("£")
Aggregate principal amount of Tranche/Series:	£350,000,000
Issue Date:	3 February 2017
Interest Commencement Date:	Issue Date
Issue Price:	99.099 per cent. of aggregate principal amount
Type of Note:	Fixed Rate Note
Denomination(s):	. £100,000 and integral multiples of £1,000 subject to an initial minimum denomination of £100,000 or its equivalent in any other currency.
	No Notes in definitive form will be issued with a denomination above £199,000.

Calculation Amount:	£1,000
Maturity Date:	3 February 2022
Interest Basis:	Interest-bearing.
	Condition 6A (Fixed Rate) applies.
	Condition 6D (Supplemental Provision) does not apply.
	Accrual of interest: Condition 6E(5) applies
Change of Interest Basis:	Not Applicable
Board approval for issuance of Notes and Guarantee obtained:	The Chief Executive Officer of Unilever PLC authorised the issue from time to time of Notes under the Programme on 23 March 2016. The Chief Executive Officer of Unilever N.V. authorised the guarantee from time to time of Notes under the Programme on 23 March 2016. The Board of Directors of Unilever United States, Inc. approved the guarantee of any Notes under the Programme on 5 April 2016.
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
Fixed interest provisions:
(i) Fixed Rate of Interest:	1.125 per cent. per annum payable in arrear on each Interest Payment Date

(ii) Fixed Interest Payment Date(s):

(iii) Fixed Coupon Amount:

(v) Day Count Fraction:

PROVISIONS RELATING TO REDEMPTION

Tax Early Redemption Amount:	£1,000 per Calculation Amount
Default Early Redemption Amount:	£1,000 per Calculation Amount
Final Redemption Amount:	£1,000 per Calculation Amount

GENERAL PROVISIONS APPLICABLE TO THE NOTES

Temporary Global Note exchangeable for a Permanent Global Note which is exchangeable for Definitive Notes in the limited circumstances specified in the Permanent Global Note Yes Relevant Financial Centre(s): London

£11.25 per Calculation Amount

Actual/Actual (ICMA)

3 February in each year, commencing on 3 February

Redenomination:

Form of Notes:

New Global Note:

No

Not Applicable

2018

Talons for future Coupons to be attached to Definitive Notes (and dates on which such Talons mature):

A33296388

Signed on behalf of the Issuer:

UNILEVER PLC

Jafell By:

Authorised signatory

Date: 1 February 2017

Signed on behalf of the Guarantors:

UNILEVER N.V.

By:

Authorised signatory

R.C. HAZELL

UNILEVER UNITED STATES, INC. By:

Authorised signatory

Date: 1 February 2017

Date: 1 February 2017

$\overline{3}$

Part B - Other Information

$1.$ Admission to trading

Application has been made for the Notes to be admitted to trading on the London Stock Exchange and Euronext in Amsterdam with effect from the Issue Date.

Estimated total expenses related to admission to trading: €4,300 (Euronext Amsterdam) and £3,600 (London Stock Exchange)

$2.$ Rating

The Notes to be issued have been rated:

Standard & Poor's Credit Market Services Europe $A+$ Limited (under its trading name Standard and Poor's Ratings Services):

Moody's Investors Services Limited: $A₁$

$3.$ Interests of natural and legal persons involved in Issue

Save as discussed in "Subscription and Sale" section of the Information Memorandum, so far as the Issuer is aware, no person involved in the offer of the Notes has an interest material to the offer.

4. Notification

The UK Listing Authority has provided the competent authority in The Netherlands with a certificate of approval attesting that the Information Memorandum has been drawn up in accordance with the Prospectus Directive.

5. Yield

Indication of yield:	1.312 per cent. per annum.
	The yield is calculated at the Issue Date on the basis of the Issue price. It is not an indication of future yield.
Operational Information 6.
The relevant ISIN:	XS1560644830
The relevant Euroclear and Clearstream, Luxembourg Common Code:	156064483
Any Clearing System other than Euroclear and Clearstream, Luxembourg to be used:	Not Applicable
Principal Paying Agent:	Deutsche Bank AG, London Branch
Paying Agent:	ABN AMRO Bank N.V.
Intended to be held in a manner which would allow Eurosystem eligibility:	Yes
US selling restrictions:	Reg. S Compliance Category 2; TEFRA D