HSY » Topics » CORPORATE GOVERNANCE GUIDELINES

This excerpt taken from the HSY DEF 14A filed Mar 10, 2005.

CORPORATE GOVERNANCE GUIDELINES

Reproduced below are the Company’s Corporate Governance Guidelines
as amended and restated by the Company’s Board of Directors on February 15, 2005.
The Corporate Governance Guidelines may also be viewed on the Company’s website at
www.hersheys.com in the Investor Relations section.

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