Herbalife Increases U.S. Manufacturing Capacity

  Herbalife Increases U.S. Manufacturing Capacity

     California-based nutrition company enters into agreement to purchase
           manufacturing facility in Winston Salem, North Carolina

Business Wire

LOS ANGELES -- December 19, 2012

Herbalife Ltd. (NYSE: HLF), a global nutrition company, announced today that
it entered into a definitive agreement to purchase a manufacturing facility in
Winston Salem, North Carolina. This purchase further expands Herbalife’s
global manufacturing capacity and is in line with the company’s stated
strategy to increase self-manufacturing for its products.

The agreement is based upon a cash purchase of $22.2 million and includes
incentives from Winston Salem, Forsyth County and the state of North Carolina.
The receipt of these incentives, coupled with an existing manufacturing
facility and the availability of quality labor force in the Triad region, were
key criteria that the company considered upon selecting this location above
other cities in the southeast.

In addition to the building purchase, Herbalife plans to invest in excess of
$100 million on machinery & technology, as well as a complete retro-fitting of
the existing facility to ensure it is in full compliance with U.S. Good
Manufacturing Practices (cGMPs) for dietary supplements and food products. The
facility will employ approximately 500 new positions when it reaches full
production and it will manufacture Herbalife’s nutritional powders and liquids
for the North American and other markets around the world.

“This acquisition is part of the ongoing execution of our previously stated
‘seed to feed’ strategy – vertically integrating our supply chain to give us
even greater control of our products at every stage of the process and
increasing our ability to meet the increased product needs of our independent
distributors and their customers around the world,” said Rich Goudis, chief
operating officer. “We are thankful to Governor Perdue, who played a key role
in our decision to locate our operations in North Carolina and we are excited
about the opportunities this new facility offers to both our business and the
local economy.”

It is anticipated that the deal will close in late December 2012, subject to
the completion of due diligence on the property.

About Herbalife Ltd.

Herbalife Ltd. (NYSE:HLF) is a global nutrition company that sells
weight-management, nutrition, and personal care products intended to support a
healthy lifestyle. Herbalife products are sold in more than 80 countries to
and through a network of independent distributors. The company supports the
Herbalife Family Foundation and its Casa Herbalife program to help bring good
nutrition to children. Herbalife's website contains information about
Herbalife, including financial and other information for investors at
http://ir.Herbalife.com. The company encourages investors to visit its website
from time to time, as information is updated and new information is posted.

Contact:

Herbalife Ltd.
Media Contact:
Julian Cacchioli
VP, Worldwide Corp. Comm.
213-745-0519
or
Investor Contact:
Amy Greene
VP, Investor Relations
213-745-0504
 
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