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NEUTROGENA REPORTS HIGHER FIRST QUARTER RESULTS

 NEUTROGENA REPORTS HIGHER FIRST QUARTER RESULTS
 LOS ANGELES, Feb. 25 /PRNewswire/ -- Neutrogena Corp. (NASDAQ:NGNA)


today reported net income rose 14.6 percent for its first fiscal quarter on a sales increase of 13.5 percent.
 For the three-month period ended Jan. 31, 1992, the company's net income advanced to $6,177,000, or $.23 per share, from $5,389,000, or $.20 per share, a year ago. Net sales reached a record $63,962,000, up from $56,368,000 in the corresponding prior-year period.
 "Results for this quarter represent continued explosive growth in Europe and initial success with new promotional programs in the United States," said Lloyd E. Cotsen, chairman and chief executive officer. "We particularly saw good strength among our body care products during the quarter."
 Cotsen added: "We have increased the frequency of our promotional programs for fiscal 1992 and changed timing among several product groupings. While we expect these changes to affect quarterly comparisons, we remain optimistic about our performance for the full year ahead."
 Neutrogena Corp., headquartered in Los Angeles, manufactures and sells high-quality, premium-priced specialty skin care and hair care products.
 NEUTROGENA CORP. AND SUBSIDIARIES
 Consolidated Statement of Income
 (Unaudited)
 For the Three Months Ended
 Jan. 31,
 1992 1991
 Net sales $63,962,000 $56,368,000
 Income before provision for
 income taxes 9,963,000 8,692,000
 Provision for income taxes 3,786,000 3,303,000
 Net income $6,177,000 $5,389,000
 Net income per share $.23 $.20
 Average number of shares outstanding 26,892,428 26,409,799
 -0- 2/25/92
 /CONTACT: Dasha Lewin of Neutrogena Corp., 310-642-1150, or Cecilia A. Wilkinson or Roger S. Pondel of Rifkind Pondel & Parsons, 310-207-9300, for Neutrogena/
 (NGNA) CO: Neutrogena Corp. ST: California IN: SU: ERN


AL -- LA007 -- 2202 02/25/92 09:04 EST
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Date:Feb 25, 1992
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