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HERBALIFE INTERNATIONAL WILL OPEN NEW ASIAN MARKET IN HONG KONG

 HERBALIFE INTERNATIONAL WILL OPEN NEW ASIAN MARKET IN HONG KONG
 LOS ANGELES, Aug. 12 /PRNewswire/ -- The board of directors of Herbalife International Inc. (NASDAQ: HERB) today approved the company's plan to market its products in Hong Kong, giving the weight control, health and nutritional company an additional presence in the Asian Pacific Rim. Herbalife's current operations in the region are located in Australia, Japan and New Zealand. Additionally, Herbalife has operations in nine other countries worldwide, including the United States.
 According to Chairman and Chief Executive Officer Mark Hughes, "The company's products will be supplied to a network of Hong Kong distributors beginning Oct. 26. This is an important springboard for Herbalife's expansion into the vast Asian market," said Hughes. "This will enlarge our existing overseas operations and lead to even greater market expansion."
 Herbalife's announcement of the new Hong Kong marketing operations follows the company's recent report of record earnings. For the second quarter of 1992, retail sales of $93,334,000 were 84 percent greater than the $50,592,000 reported in the same period of 1991.
 Accompanying this growth in sales in the second quarter of 1992 were net earnings of $4,802,000, or $0.18 per share on a fully diluted basis, representing a three-fold increase over net earnings of $1,639,000 or $0.06 per share on a fully dilluted basis, reported for the comparable period a year earlier.
 For the first half of 1992, retail sales of $169,098,000 were 96 percent greater than the $86,303,000 reported a year earlier.
 Accompanying this gain in first-half 1992 sales, net earnings for the six months ending June 30, 1992, of $8,589,000 or $0.32 on a full dilluted basis, represented a four-fold increase over the level of $2,162,000 or $0.08 reported a year earlier on a comparable basis.
 According to Hughes, "Continued growth in retail sales and associated growth in net income is attributable to the sutained high demand, worldwide, for the company's products."
 Herbalife International markets weight control, health and nutritional products in the United States and 11 foreign countries through a network of self-employed independent distributors.
 -0- 8/12/92
 /CONTACT: Mike Kraus of Herbalife International, 310-216-6067/
 (HERB) CO: Herbalife International Inc. ST: California IN: SU:


BP-LS -- LA015 -- 9218 08/12/92 08:03 EDT
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Publication:PR Newswire
Date:Aug 12, 1992
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