Herbalife Statement

Mon May 19, 2008 11:59pm EDT
 
[-] Text [+]
LOS ANGELES--(Business Wire)--
Herbalife Ltd. (NYSE:HLF) issued the following statement in
response to allegations from the Fraud Discovery Institute that its
products may pose a consumer safety concern, and that trigger a
California proposition 65 warning for lead content.

   We have confidence in the safety of our products. It is
irresponsible to equate Prop 65, which concerns disclosure, with the
safety of our products.

   Prop 65 is a consumer disclosure and labeling statute requirement
that under certain circumstances requires the disclosure of the
presence of any of approximately 800 specified chemicals (including
lead).

   Our products fall within FDA suggested guidelines for the amount
of lead that consumers can safely ingest through their diet and the
FDA sets specific limits on lead content in certain foods.

   Our products include natural ingredients, and trace levels of
naturally occurring lead is present in virtually all natural
ingredients. This is not a question of contamination resulting from
the manufacturing process or as a result of unsafe handling. In the
past, several common foods, such as chocolate, have come under
question of Prop 65.

   We follow established written quality assurance and quality
control procedures. We stand behind the safety of our ingredients and
products.

   About Herbalife Ltd.

   Herbalife Ltd. (NYSE:HLF) is a global network marketing company
that sells weight-management, nutrition, and personal care products
intended to support a healthy lifestyle. Herbalife products are sold
in 65 countries through a network of 1.8 million independent
distributors. The company supports the Herbalife Family Foundation and
its Casa Herbalife program to bring good nutrition to children. Please
visit Herbalife Investor Relations for additional financial
information.

Herbalife Ltd.
George Fischer (Media), 310-203-2349
or
Andrew Speller (Investors), 310-203-2462

Copyright Business Wire 2008

 

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