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Energizer Holdings, Inc. Announces Pricing of Common Stock Offering

Fri May 15, 2009 9:01pm EDT
ST. LOUIS, May 15 /PRNewswire-FirstCall/ -- Energizer Holdings, Inc. (NYSE:
ENR), today announced that the underwriters for its public offering have given
notice of the exercise in full of their over-allotment option.

The Company will sell an additional 1,425,000 shares of common stock at a
price to the public of $49.00 per share. The offering is scheduled to be
completed on May 20, 2009. 

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 Securities are joint
book-running managers for the offering. Moelis & Company LLC acted as
financial advisor to the Company. The offering will be made pursuant to a
registration statement under the Securities Act of 1933. 

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 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 of Investor Relations of Energizer
Holdings, Inc., +1-314-985-2169



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