Filed by Dreyer's Grand Ice Cream, Inc.
                           Pursuant to Rule 425 under the Securities Act of 1933
                                        and deemed filed pursuant to Rule 14a-12
                                          of the Securities Exchange Act of 1934

                                             Subject Company: New December, Inc.
                                              Commission File Number: 333-101052

On February 14, 2003, Dreyer's Grand Ice Cream, Inc. issued the following press
release:

                    DREYER'S GRAND ICE CREAM, INC. ANNOUNCES
        THE FILING OF AMENDMENT 4 TO FORM S-4 REGISTRATION STATEMENT FOR
                               NESTLE TRANSACTION

(Oakland, CA, February 14, 2003) - Dreyer's Grand Ice Cream, Inc. (NNM: DRYR)
(Dreyer's) announced today that New December, Inc., a wholly-owned subsidiary of
Dreyer's, has filed Amendment 4 to its Form S-4 Registration Statement (S-4)
filed with the Securities and Exchange Commission (SEC) in connection with the
proposed transactions among Dreyer's, Nestle Ice Cream Company, LLC (NICC), and
Nestle Holdings, Inc. (Nestle) to respond to comments received from the SEC as
part of the SEC's review of the S-4. With this amendment, the SEC has declared
the S-4 effective. The proxy statement/prospectus for the Special Meeting to be
held March 20, 2003, will be mailed on or about February 18, 2003, to Dreyer's
stockholders of record on January 29, 2003. Upon completion of the transactions,
Nestle will contribute 100% of NICC in exchange for approximately 55 million
shares of New December, Inc. and the new holding company will hold both Dreyer's
and NICC. Dreyer's common stock held by the public will be exchanged for a new
share of stock of the new holding company that will permit its holders to sell
some or all of their shares to the holding company for $83 during specified
periods in the future and be subject to redemption by the holding company at the
request of Nestle at $88 per share during a specified period in the future. The
transactions will result in Nestle owning approximately 67 percent of Dreyer's
outstanding shares.

Dreyer's manufactures and distributes ice cream and other frozen dessert
products. The company's products are marketed under the Dreyer's brand name
throughout the western states and Texas, and under the Edy's(R) name throughout
the remainder of the United States. Dreyer's (together with Edy's) is the best
selling brand of packaged ice cream in the country. Internationally, the
Dreyer's brand extends to select markets in the Far East and the Edy's brand to
the Caribbean and South America. Brands currently manufactured and distributed
by Dreyer's include Grand, Grand Light(R), Homemade, Dreamery(R), Whole
Fruit(TM) Sorbet, M&M/Mars, Starbucks(R), Godiva(R) and Healthy Choice(R). For
more information on the company, please visit WWW.DREYERSINC.COM.

Edy's, the Dreyer's and Edy's logo design, Dreamery, Grand Light, Homemade,
Whole Fruit, are all trademarks or tradenames of Dreyer's Grand Ice Cream, Inc.
All other trademarks and tradenames are owned by their respective companies. (C)
2002 by Dreyer's Grand Ice Cream, Inc. All rights reserved.






Investors and security holders are urged to read the Registration Statement
filed by New December, Inc. in connection with the Nestle transaction referenced
above. Investors and security holders may obtain a free copy of the Registration
Statement and documents filed by Dreyer's with the SEC at the SEC's web site at
www.sec.gov. These documents may also be obtained free of charge from Dreyer's
by directing a request to:

                        Dreyer's Grand Ice Cream, Inc.
                        Attn:  Investor Relations
                        5929 College Avenue
                        Oakland, California 94618-1391


For further information contact:
Media Contact:  Dori Sera Bailey at 510/601-4241
Investor Contact:  C. Scott Webster at 510/450-4545