Church & Dwight Announces Achievement of Majority in Tender Offer and Consent Solicitation.

PRINCETON, N.J. -- Church & Dwight (NYSE:CHD) announced today that holders of more than a majority of its outstanding 9 1/2% Senior Subordinated Notes due 2009 originally issued by Armkel, LLC and Armkel Finance, Inc. (the "Notes") (CUSIP No. 042248 AC8) have tendered Notes and delivered consents in connection with Church & Dwight's tender offer and consent solicitation commenced on November 22, 2004. Accordingly, Church & Dwight and the trustee under the Indenture relating to the Notes have executed and delivered a supplemental indenture containing the amendments described in Church & Dwight's Offer to Purchase and Consent Solicitation dated November 22, 2004. The amendments will not become operative unless the Notes are accepted for purchase in accordance with the terms of the tender offer. If the amendments become operative, holders of all untendered Notes will be bound thereby. As previously announced, the tender offer will expire at 5:00 P.M. New York City time, on December 21, 2004, unless extended by Church & Dwight.

Church & Dwight further announced that the price to be paid for each $1,000 principal amount of Notes tendered and accepted for payment (including, if applicable, a consent payment of $30 per $1,000 principal amount of Notes) would be $1,086.80, plus accrued and unpaid interest to the payment date.

J.P. Morgan Securities Inc. is serving as the Dealer Manager in connection with the tender offer and solicitation agent in connection with the consent solicitation. Questions regarding the tender offer and consent solicitation may be directed to Lenny Carey at J.P. Morgan Securities Inc., at [phone] (collect). Copies of the documents may be obtained from D.F. King & Co., Inc., the information agent for the tender offer and consent solicitation, at [phone] (U.S. toll free) and [phone] (collect).

This announcement is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of consents with respect to any securities.

Church & Dwight Co., Inc. manufactures and markets a wide range of personal care, household and specialty products, under the ARM & HAMMER brand name and other well-known trademarks.

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements represent the intentions, plans, expectations and beliefs of Church & Dwight, and are subject to risks, uncertainties and other factors, many of which are outside the Company's control and could cause actual results to differ materially from such forward-looking statements. The uncertainties include assumptions as to market growth and consumer demand (including the effect of political and economic events on consumer demand), increases in raw material, packaging and energy prices, the company's ability to raise prices or reduce promotion spending, the company's ability to implement cost reduction programs in response to commodity price increases, the financial condition of major customers, trade, competitive and consumer reactions to the Company's products and other factors described in Church & Dwight's quarterly and annual reports filed with the SEC.