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Non-Tech : HERBALIFE

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To: Patrick who wrote ()9/4/1997 8:27:00 PM
From: Don Jeanblanc  Read Replies (1) of 23
 
To All: Latest on Herbalife;
Wednesday September 3 6:30 PM EDT

Herbalife signs new 3 yr agreements

LOS ANGELES, Sept 3 (Reuter) - Herbalife International, Inc Wednesday
said it entered into new three-year supply agreements with its existing
principal suppliers of weight management and nutritional supplement
products.

The new agreements become effective Jan. 12, 1998, following the
expiration of existing supply agreements and will ensure continued
product supply for Herbalife worldwide. The new agreements provide the
opportunity for cost savings for certain products, however the
realization of any product cost savings will be affected by Herbalife's
future product development.

Under the terms of the new agreements, Herbalife will gain increased
flexibility by acquiring ownership or control of substantially all of
its weight management and nutritional supplement product formulations.
Additionally, while Herbalife will be required to meet certain minimum
purchase requirements under the terms of the agreements, the Company
will have the ability to source its products with alternative
manufacturers.

Don
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