Energizer Holdings, Inc. Announces Common Stock Offering

ST. LOUIS, May 11 /PRNewswire-FirstCall/ -- Energizer Holdings, Inc., (NYSE:
ENR), today announced that the Company has commenced an offering of 9,500,000
shares of common stock. The offering includes an option for the underwriters
to purchase up to 1,425,000 additional shares to cover overallotments, if any.
The Company is conducting the offering pursuant to an effective registration
statement under the Securities Act of 1933.

The Company intends to use the net proceeds of the offering to acquire the
shave preparation business of S.C. Johnson & Son, Inc. and for general
corporate purposes, including the repayment of indebtedness.

J.P. Morgan, Merrill Lynch & Co. and Deutsche Bank are joint book-running
managers for the offering. Moelis & Company LLC acted as financial advisor to
the Company.

The offering is being made solely by means of a prospectus supplement and the
accompanying prospectus. This press release shall not constitute an offer to
sell, or a solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction. A copy of the
preliminary prospectus supplement and accompanying prospectus relating to the
common stock can be obtained by contacting J.P. Morgan, 4 Chase Metrotech
Center, CS Level, Brooklyn, NY 11245 Attention: Chase Distribution & Support
Service Northeast Statement Processing or from Merrill Lynch & Co., 4 World
Financial Center, New York, NY 10080, Attention: Prospectus Department.
Before you invest, you should read the prospectus supplement and accompanying
prospectus, the registration statement and the other documents that the
Company has filed with the Securities and Exchange Commission for more
complete information about the Company and this offering. Investors may obtain
these documents for free by visiting the SEC's website at www.sec.gov.

About Energizer:
Energizer Holdings, Inc., headquartered in St. Louis, Missouri and
incorporated in 1999, is a consumer goods company operating globally in the
broad categories of household and personal care products.

Energizer's Household Products Division offers consumers the broadest range of
portable power solutions, anchored by the universally recognized Energizer(R)
and Eveready(R) brands. The company's comprehensive product portfolio ranges
from low-cost carbon zinc batteries suited for discount class of trades and
developing markets to the world's longest lasting lithium AA and AAA primary
batteries in high drain devices, plus specialty batteries, Energi To Go(R)
chargers and a complete line of battery-powered flashlights and lanterns.

Energizer's Personal Care Division offers a diversified range of consumer
products in the wet shave, skin care feminine care and infant care categories.
The company's portfolio includes well established brand names such as
Schick(R) and Wilkinson Sword(R) men's and women's shaving systems and
disposable razors; Playtex(R) tampons, gloves and infant feeding products;
Banana Boat(R) and Hawaiian Tropic(R) sun care products; and Wet Ones(R) moist
wipes.

SOURCE Energizer Holdings, Inc.

Jacqueline E. Burwitz, Vice President, Investor Relations of Energizer
Holdings, Inc., +1-314-985-2169