IMMEDIATE RELEASE 19 September 2003

                 CADBURY SCHWEPPES CONFIRMS REFINANCING PLANS                  

As the six month anniversary of its acquisition of Adams approaches, Cadbury
Schweppes confirms that its previously announced plan to refinance a
substantial proportion of its $6.1bn bank facilities is on course, with at
least $1.6bn expected to be refinanced during 2003. To date �400m of bonds have
been issued to European investors and a corresponding amount of the bank
facility has been cancelled. Cadbury Schweppes also confirms that it expects
overall trading performance for the full year to be broadly similar to that
seen in the first half, although hot weather in Europe has had some adverse
impact on confectionery sales and the US beverage market remains weak.

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For further information:

Cadbury Schweppes plc: 020-7409-1313

http://www.cadburyschweppes.com

Bond and Equity Enquiries 020-7830-5095

Sally Jones

Marie Wall

Media Enquiries 020-7409 1313

Sarah Pelling

The Maitland Consultancy 020-7379-5151

Angus Maitland

Philip Gawith

High-resolution photographs are available to the media free of charge at 
www.newscast.co.uk +44 (0)20 7608 1000.

This release includes certain forward-looking statements that express
expectations of future events or results. All statements based on future
expectations rather than historical facts are forward-looking statements that
involve a number of risks and uncertainties and Cadbury Schweppes cannot give
assurance that such statements will prove to be correct. Nor should any such
statement within this release be interpreted to mean that future earnings per
share will necessarily be higher than historical earnings per share.

Without prejudice to the generality of the foregoing, this release may be
deemed to include "forward-looking" statements within the meaning of Section
27A of the US Securities Act of 1933 and Section 21E of the US Securities Act
of 1934. This release should be read in conjunction with our periodic interim
and annual reports and registration statements filed with the Securities and
Exchange Commission, copies of which are available upon request from Cadbury
Schweppes plc, 25 Berkeley Square, London, W1J 6HB, UK.

Notes to Editors:

Cadbury Schweppes is a major global company which manufactures, markets and
distributes branded beverages and confectionery products around the world. With
origins stretching back over 200 years, today Cadbury Schweppes' products -
which include brands such as Cadbury, Schweppes, Dr Pepper, Snapple, Trebor and
Bassett - are enjoyed in over 200 countries across the world. With the
acquisition of Adams and its brands - Halls, Trident, Dentyne and Bubbas
bubblegum range - the group now employs around 55,000 people and is a leading
global confectionery company. It is number one in sugar and functional
confectionery, a strong number two in gum and the world's third largest soft
drinks company.



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