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LOS ANGELES--([ BUSINESS WIRE ])--Herbalife Ltd. (NYSE:HLF) today reported first quarter net sales of $964.2 million, a 21 percent increase driven by a 24 percent increase in volume points compared to the prior year period. For the same period, the company reported net income of $108.2 million, or $0.88 per diluted share, reflecting an increase of 22 percent and 24 percent respectively compared to the adjusted first quarter 2011 net income of $88.7 million and $0.71 per diluted share.

"The financial strength of our business model is once again reflected in our cash flow generation in the quarter."

aOur business momentum has continued into 2012, with strong sales performance from each of our six regions,a said Michael O. Johnson, the companyas chairman and CEO. aThe financial strength of our business model is once again reflected in our cash flow generation in the quarter.a

For the quarter ended March 31, 2012, the company generated cash flow from operations of $120.4 million, an increase of 11 percent compared to the prior year period, paid dividends of $35.2 million, invested $24.9 million in capital expenditures and repurchased $50.0 million in common shares outstanding under our share repurchase program.

First Quarter Regional Key Metrics^2,3

Regional Volume Point and Average Active Sales Leader Metrics

Updated 2012 Guidance

Guidance for fully diluted 2012 EPS is based on the average daily exchange rates of the first two weeks of April 2012.

Based on current business trends the companyas second quarter fiscal 2012 and fiscal 2012 guidance is provided below.

Announces Quarterly Dividend

The company reported today that its board of directors has approved a dividend of $0.30 per share to shareholders of record effective May 15, 2012, payable on May 30, 2012.

First Quarter Earnings Conference Call

Herbalife senior management will host an investor conference call to discuss its recent financial results and provide an update on current business trends on Tuesday, May 1, 2012 at 8 a.m. PST (11 a.m. EST).

The dial-in number for this conference call for domestic callers is (877) 317-1296 and (706) 634-5671 for international callers (conference ID 66116502). Live audio of the conference call will be simultaneously webcast in the investor relations section of the company's website at [ http://ir.herbalife.com ].

An audio replay will be available following the completion of the conference call in MP3 format or by dialing(855) 859-2056 for domestic callers or (404) 537-3406 for international callers (conference ID 66116502). The webcast of the teleconference will be archived and available on Herbalife's website.

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 81 countries 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.

FORWARD-LOOKING STATEMENTS

This document contains aforward-looking statementsa within the meaning ofSection 27A of the Securities Act of 1933, as amended, and Section 21E of theSecurities Exchange Act of 1934, as amended. All statements other thanstatements of historical fact are aforward-looking statementsa for purposes offederal and state securities laws, including any projections of earnings,revenue or other financial items; any statements of the plans, strategies andobjectives of management for future operations; any statements concerningproposed new services or developments; any statements regarding future economicconditions or performance; any statements of belief; and any statements ofassumptions underlying any of the foregoing. Forward-looking statements mayinclude the words amay,a awill,a aestimate,a aintend,a acontinue,a abelieve,aaexpecta or aanticipatea and any other similar words.

Although we believe that the expectations reflected in any of ourforward-looking statements are reasonable, actual results could differmaterially from those projected or assumed in any of our forward-lookingstatements. Our future financial condition and results of operations, as wellas any forward-looking statements, are subject to change and to inherent risksand uncertainties, such as those disclosed or incorporated by reference in ourfilings with the Securities and Exchange Commission. Important factors thatcould cause our actual results, performance and achievements, or industryresults to differ materially from estimates or projections contained in ourforward-looking statements include, among others, the following:

a any collateral impact resulting from the ongoing worldwide financial acrisis,a including the availability of liquidity to us, our customers and our suppliers or the willingness of our customers to purchase products in a difficult economic environment;

a our relationship with, and our ability to influence the actions of, our distributors;

a improper action by our employees or distributors in violation of applicable law;

a adverse publicity associated with our products or network marketing organization;

a changing consumer preferences and demands;

a our reliance upon, or the loss or departure of any member of, our senior management team which could negatively impact our distributor relations and operating results;

a the competitive nature of our business;

a regulatory matters governing our products, including potential governmental or regulatory actions concerning the safety or efficacy of our products and network marketing program, including the direct selling market in which we operate;

a legal challenges to our network marketing program;

a risks associated with operating internationally and the effect of economic factors, including foreign exchange, inflation, disruptions or conflicts with our third party importers, pricing and currency devaluation risks, especially in countries such as Venezuela;

a uncertainties relating to the application of transfer pricing, duties, value added taxes, and other tax regulations, and changes thereto;

a uncertainties relating to interpretation and enforcement of legislation in China governing direct selling;

a our inability to obtain the necessary licenses to expand our direct selling business in China;

a adverse changes in the Chinese economy, Chinese legal system or Chinese governmental policies;

a our dependence on increased penetration of existing markets;

a contractual limitations on our ability to expand our business;

a our reliance on our information technology infrastructure and outside manufacturers;

a the sufficiency of trademarks and other intellectual property rights;

a product concentration;

a changes in tax laws, treaties or regulations, or their interpretation;

a taxation relating to our distributors;

a product liability claims; and

a whether we will purchase any of our shares in the open markets or otherwise.

We do not undertake any obligation to update or release any revisions to any forward-looking statements or to report any events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.

¹ See Schedule A a" aReconciliation of Non-GAAP Financial Measuresa for more detail.

² Supplemental tables that include additional business metrics can be found at [ http://www.ir.herbalife.com ].

³ Worldwide Average Active Sales Leaders may not equal the sum of the Average Active Sales Leaders in each region due to the calculation being an average of Sales Leaders active in a period, not a summation, and the fact that some sales leaders are active in more than one region but are counted only once in the worldwide amount.

RESULTS OF OPERATIONS:

SUPPLEMENTAL INFORMATION

SCHEDULE A: RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(unaudited), (Dollars in Thousand, Except Per Share Data)

In addition to its reported results, the Company has included in the tables below adjusted results that the Securities and Exchange Commission defines as anon-GAAP financial measures.aManagement believes that such non-GAAP financial measures, when read in conjunction with the Companyas reported results, can provide useful supplemental information for investors in analyzing period to period comparisons of the Companyas results. However, non-GAAP financial measures should not be considered substitute for, nor superior to, financial results and measures determined or calculated in accordance with GAAP.

The following is a reconciliation of total long-term debt to net debt: