Natural Health Trends Corp. Retains BDO Seidman as New Auditors; Sherb & Co. to Remain to File Restated and Amended Forms 10-QSB and Forms 10-KSB.

Business Editors

DALLAS, Texas--(BUSINESS WIRE)--Dec. 22, 2003

Natural Health Trends Corp. (OTC BB: NHLC), an international direct-selling company, announced today that it has retained the services of BDO Seidman, LLP as its new independent accountants for the audit as of and for the year ended December 31, 2003. Sherb & Company LLP will continue to assist the Company with the restatement of all of the Company's quarterly and annual reports for the years ended December 31, 2001 and 2002 as well as the quarterly reports for the first two quarters of this year. The Company disclosed in its Form 10-QSB for the third quarter that it intends to restate those periods due to misinterpretation of certain accounting standards and related guidance pertaining to a) revenue recognition of administrative enrollment fees, b) reserves for returns and refunds, c) a gain on sale of a subsidiary, and d) income tax provisions.

Mark Woodburn, President of Natural Health Trends Corp., stated, "I am very pleased to have retained the services of BDO Seidman. BDO Seidman is the fifth largest accounting and consulting organization in the world and has offices in each country that we now do business in. We have reached a point in our development as a global business where a larger, more diversified firm could assist us significantly."

About Natural Health Trends Corp.

Natural Health Trends Corp. is an international direct-selling company operating in more than 30 markets throughout Asia, North America and Eastern Europe. The Company markets premium quality personal care products under the Lexxus brand and markets its nutritional supplement products under the Kaire brand. Additional information can be found on the Company's website, www.naturalhealthtrendscorp.com, and management encourages interested parties to register for updated corporate information via e-mail on the Company's homepage.

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.