EX-23.5 9 l90692aex23-5.txt EXHIBIT 23.5 EXHIBIT 23.5 [WILLIAM BLAIR & COMPANY(R) LETTERHEAD] CONSENT OF WILLIAM BLAIR & COMPANY, L.L.C. November 19, 2001 Board of Directors The J.M. Smucker Company Strawberry Lane Orrville, Ohio 44667 Dear Ladies and Gentlemen: We hereby consent to the inclusion in the Registration Statement on Form S-4, relating to the proposed merger of The Procter & Gamble Ohio Brands Company with and into The J.M. Smucker Company, of our opinion letter appearing as Annex D to the Proxy Statement-Prospectus which is a part of the Registration Statement, and to the references thereto under the captions "SUMMARY -- Fairness Opinion of William Blair & Company, L.L.C.," "THE MERGER -- Background of the Merger," "THE MERGER -- Reasons for the Merger; Recommendation of the Smucker Board" and "THE MERGER -- Opinion of Smucker's Financial Advisor." In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933 or the rules and regulations adopted by the Securities and Exchange Commission thereunder. Very truly yours, /s/ WILLIAM BLAIR & COMPANY WILLIAM BLAIR & COMPANY, L.L.C.