EX-99.1

LOS ANGELES, August 6, 2007 — Herbalife Ltd. (NYSE: HLF) today reported second-quarter net sales of $530.1 million, an increase of 13.8 percent compared to the same period of 2006. This record performance was largely attributable to continued growth in the company’s top countries, with the U.S. up 30.7 percent and Mexico up 1.7 percent, versus the second quarter of 2006. The company’s Chairman and Chief Executive Officer Michael O. Johnson, said, “We are pleased to report our 14^th consecutive quarter of double-digit year-over-year revenue growth and another record quarter for revenue and earnings. All seven of our regions realized net sales growth for the quarter. This performance was driven by the strength of our independent distributors, the success of their daily methods of operations and our products that support them.”

During the second quarter 2007, 56,112 distributors qualified as new supervisors, an increase of 4.9 percent versus the second quarter of 2006. Total supervisors of 368,062 increased 18.5 percent versus second quarter 2006 and the company’s President’s Team membership increased 11.6 percent to 1,031 members. One distributorship attained the prestigious level of Chairman’s Club, bringing the total to 31 members.

For the quarter ended June 30, 2007, the company reported net income of $48.1 million, or $0.65 per diluted share, compared to $36.3 million, or $0.49 per diluted share in the second quarter of 2006. The increase in net income was primarily attributable to strong net sales growth, expansion in operating profit margins and a lower effective tax rate during the period. Excluding the impact of a favorable tax settlement in one of our international markets¹, second quarter 2007 net income was $47.5 million, or $0.64 per diluted share, compared to $0.49 per diluted share in the second quarter of 2006.

¹See Schedule A – “Reconciliation of Non-GAAP Financial Measures” for more detail.

The company invested $13.5 million in capital expenditures during the second quarter, primarily related to enhancements to its management information systems and additional infrastructure investments to improve distributor productivity and service levels. Additionally, the company repurchased 3.5 million shares of its common stock at an average price of $39.65 under the recently approved $300 million share repurchase program. The company used excess cash along with debt to fund the repurchase.

For year to date June 30, 2007, the company reported net income of $89.3 million, or $1.20 per diluted share, compared to $75.0 million, or $1.01 per diluted share in the comparable 2006 period. Excluding the impact of favorable tax settlements in international markets in 2006 and 2007¹as well as 2007 expenses related to the 2006 realignment for growth initiative, year to date 2007 net income increased 30.7 percent to $93.2 million, or $1.25 per diluted share, compared to $0.96 per diluted share in the year to date 2006.

¹See Schedule A – “Reconciliation of Non-GAAP Financial Measures” for more detail.

Consistent with its distributor strategy, the company continued to support the development and training of its distributors during the second quarter by hosting more than 45,000 distributors globally at numerous local and regional events. Highlights included Active Supervisor School in Mexico, Leadership Development meeting in South America, Spring Spectaculars in the EMEA region and Nutrition Club training in numerous markets.

The company also continued to support distributor business methods by expanding its distribution reach in key markets and expanding the global distribution of its leading products. “We continue to focus our company resources on increasing product availability and services to better support our distributors’ daily methods of operations,” said Greg Probert, the company’s president and chief operating officer.

In June, the company received notification from China’s Ministry of Commerce that its direct-selling license was expanded to permit the company to conduct its direct-selling business in the entire Jiangsu province. Located in China’s east coast, the Jiangsu province, consisting of 13 cities and 61 counties, has a permanent and transient population of approximately 85 to 90 million people.

The company was also added to the Russell 1000, in June 2007, which tracks the performance of the 1000 U.S. companies with the largest market capitalization. The Russell 1000 accounts for approximately 92 percent of total equities traded on U.S. exchanges.

The EMEA region reported net sales of $146.0 million in the second quarter, up 0.6 percent versus the same period of 2006. However, excluding currency fluctuations, net sales decreased 5.6 percent. EMEA performance was primarily attributable to net sales growth in several of the region’s top markets, including Spain which was up 24.6 percent; Portugal, up 16.0 percent; Italy, up 14.9 percent; and France, up 6.3 percent, in each case compared to the second quarter of 2006. These net sales gains were partially offset by declines in other core markets including Germany and the Netherlands, which were down 29.1 percent and 19.4 percent, respectively, versus the comparable period of 2006. Total supervisors in the region, as of June 30, 2007, decreased 5.3 percent versus the same period in 2006.

The North America region reported net sales of $113.9 million in the second quarter, up 30.3 percent versus the same period of 2006. Excluding currency fluctuations, net sales increased 30.3 percent. Total supervisors in the region, as of June 30, 2007, increased 20.2 percent versus the same period in 2006.

The Mexico and Central America region reported net sales of $97.9 million in the second quarter, up 4.1 percent versus the same period of 2006. Excluding currency fluctuations, net sales increased 1.4 percent. Total supervisors in the region, as of June 30, 2007, increased 41.8 percent as compared to the same period in 2006.

The SAM/SEA region reported net sales of $59.0 million in the second quarter, up 24.2 percent versus the same period of 2006. Excluding currency fluctuations, net sales increased 18.5 percent. The growth in the region was primarily attributable to double and triple digit growth in the region’s top three markets – Venezuela 320.1 percent, Thailand 38.1 percent and Argentina 20.9 percent. Total supervisors in the region, as of June 30, 2007, increased 42.9 percent versus the same period in 2006.

The Greater China region reported net sales of $47.0 million in the second quarter, up 69.7 percent versus the same period of 2006. Excluding currency fluctuations, net sales increased 70.3 percent. The increase was primarily attributable to sales growth in China and Taiwan, up 187.9 percent, and 43.1 percent, respectively. Total supervisors in the region, as of June 30, 2007, increased 41.1 percent versus the same period in 2006. Herbalife currently operates 47 stores and 37 service centers in 28 provinces in China.

The North Asia region reported net sales of $34.0 million in the second quarter, up 2.4 percent versus the same period of 2006. Excluding currency fluctuations, net sales increased 4.2 percent. This performance reflects an 18.8 percent net sales increase in South Korea, partially offset by a 10.1 percent decline in net sales in Japan. Total supervisors in the region, as of June 30, 2007, decreased 0.4 percent versus the same period in 2006.

The Brazil region reported net sales of $32.3 million in the second quarter, up 4.2 percent versus the same period of 2006. Excluding currency fluctuations, net sales decreased 5.2 percent. Total supervisors, as of June 30, 2007, decreased 0.6 percent versus the same period in 2006.

Based on its current business trends, the company is raising its full year 2007 diluted earnings per share guidance to a range of $2.56 to $2.61. Additionally, the company is providing guidance for the third quarter of 2007 in the range of $0.59 to $0.64 for diluted earnings per share. The full year 2007 diluted earnings per share estimates exclude severance expenses associated with the company’s realignment for growth initiative along with the increase in tax reserves reported in the first quarter 2007 financial results and the favorable international tax settlement reported this quarter.

The Board of Directors approved a quarterly cash dividend of $0.20 payable to shareholders of record effective August 31, 2007, payable September 14, 2007.

Herbalife’s second quarter earnings conference call will be conducted on Tuesday, August 7, 2007 at 8 a.m. PDT (11 a.m. EDT). The conference call numbers are (866) 219-5268 for domestic calls and (703) 639-1120 for calls made from outside the United States. Additionally, the conference call will be webcasted. The link to the webcast is on the Investor Relations section of the company’s Web site at http://ir.herbalife.com/. An audio replay will be available following the completion of the conference call in MP3 format or by dialing (866) 837-8032 (domestic callers) and (703) 925-2474 (international callers) and entering access code 1109438. The webcast of the teleconference will be archived and available on Herbalife’s Web site.

Herbalife Ltd. (www.herbalife.com) is a global network marketing company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 65 countries through a network of more than 1.6 million independent distributors. The company supports the Herbalife Family Foundation <http://www.herbalifefamily.org/> and its Casa Herbalife program to bring good nutrition to children. Please visit Herbalife Investor Relations at http://ir.herbalife.com for additional financial information.

Except for historical information contained herein, the matters set forth in this press release are “forward-looking statements.” All statements other than
statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Forward-looking statements may include the words, “may,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect,” or “anticipate” and any other similar words.

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

• our relationship with, and our ability to influence the actions of, our distributors;
• adverse publicity associated with our products or network marketing organization;
• uncertainties relating to interpretation and enforcement of recently enacted legislation in China governing direct selling;
• risk of our inability to obtain the necessary licenses to expand our direct selling business in China;
• adverse changes in the Chinese economy, Chinese legal system or Chinese governmental policies;
• risk of improper action by our employees or international distributors in violation of applicable law;
• changing consumer preferences and demands;
• loss or departure of any member of our senior management team which could negatively impact our distributor relations and operating results;
• the competitive nature of our business;
• 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;
• risks associated with operating internationally, including foreign exchange risks;
• our dependence on increased penetration of existing markets;
• contractual limitations on our ability to expand our business;
• our reliance on our information technology infrastructure and outside manufacturers;
• the sufficiency of trademarks and other intellectual property rights;
• product concentration;
• our reliance on our management team;
• uncertainties relating to the application of transfer pricing, duties and similar tax regulations;
• taxation relating to our distributors,
• product liability claims; and
• there can be no assurance that we will purchase any of our shares in the open market or otherwise.

Herbalife Ltd.
Consolidated Statements of Income
(In thousands, except per share data)


	Quarter Ended				Six Months Ended

		6/30/2006		6/30/2007		6/30/2006		6/30/2007


North America	$	87,360	$	113,885		174,489		218,437
Mexico & Central America		93,983		97,858		178,023		193,754
Brazil		31,028		32,263		66,500		65,557
SAMSEA		47,480		59,012		90,900		114,775
EMEA		145,224		146,038		286,688		289,236
Greater China		27,706		47,058		56,275		87,742
North Asia		33,206		33,986		68,900		68,698

Worldwide net sales		465,987		530,100		921,775		1,038,199
Cost of Sales		92,640		111,361		184,006		218,644

Gross Profit		373,347		418,739		737,769		819,555
Royalty Overrides		167,351		188,509		332,649		368,769
SGA		140,881		152,157		275,925		301,585

Operating Income		65,115		78,073		129,195		149,201
Interest Expense - net		4,955		2,274		10,970		4,478

Income before income taxes		60,160		75,799		118,225		144,723
Income Taxes		23,834		27,690		43,203		55,434
Net Income		36,326		48,109		75,022		89,289


Basic Shares		70,647		70,616		70,297		71,180
Diluted Shares		74,220		73,990		73,954		74,491

Basic EPS	$	0.51	$	0.68	$	1.07	$	1.25

Diluted EPS	$	0.49	$	0.65	$	1.01	$	1.20


	Dec. 31,			June 30,
	2006			2007
ASSETS
Current Assets:
Cash & cash equivalents	$	154,323		$	147,044
Inventory, net		146,036			125,450
Other current assets		155,348			179,906

Total Current Assets		455,707			452,400

Property and equipment, net		105,266			112,773
Other Assets		30,931			31,952
Goodwill		113,221			110,866
Intangible assets, net		311,808			310,259

Total Assets	$	1,016,933		$	1,018,250



LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Accounts payable		39,990			35,494
Royalty Overrides		116,896			112,166
Accrued expenses		149,575			173,274
Current portion of long term debt		5,599			65,018
Other current liabilities		11,432			11,182

Total Current Liabilities		323,492			397,134

Long-term debt, net of current portion		179,839			150,808
Other long-term liabilities		159,712			164,011

Total Liabilities		663,043			711,953


Shareholders’ equity:
Common shares		143			137
Additional paid in capital		132,755			144,447
Accumulated other comprehensive loss		(782	)		(117	)
Retained earnings		221,774			161,830


Total Shareholders’ Equity		353,890			306,297

Total Liabilities and Shareholders’ Equity	$	1,016,933		$	1,018,250


Region	2Q/2006		2Q/2007		% Chg
EMEA		80,157		75,884		-5	%
Mexico and Central America		53,107		75,302		42	%
North America		57,545		69,195		20	%
SAM/SEA		42,340		60,507		43	%
Greater China		24,349		34,358		41	%
Brazil		34,266		34,066		-1	%
North Asia		18,819		18,750		0	%
Worldwide		310,583		368,062		19	%


Region	2Q/2006	2Q/2007	% Chg

EMEA	148,104	136,451		-7.8	%
Mexico and Central	160,767	155,143		-3.5	%
America
North America	133,178	175,216		31.5	%
SAM/SEA	60,815	83,091		36.7	%
Greater China	33,633	53,906		60.4	%
Brazil	40,578	37,353		-7.9	%
North Asia	29,145	29,857		2.4	%
Worldwide	606,220	671,017		10.7	%


The following is a reconciliation of net income, presented and reported in accordance with U.S.
generally accepted accounting principles, to net income adjusted for certain items:

	Three Months Ended

		6/30/2006		6/30/2007


Net income, as reported	$	36,326	$	48,109
Tax benefit resulting from an international
income tax audit settlement		-		(609	)

Net income, as adjusted	$	36,326	$	47,500


The following is a reconciliation of diluted earnings per share, presented and reported in
accordance with U.S. generally accepted accounting principles, to diluted earnings per share adjusted for certain items:

	Three Months Ended

		6/30/2006		6/30/2007


Diluted earnings per share, as reported	$	0.49	$	0.65
Tax benefit resulting from an international
income tax audit settlement		-		(0.01	)

Diluted earnings per share, as adjusted	$	0.49	$	0.64

Note: Amounts may not total due to rounding.


The following is a reconciliation of net income, presented and reported in accordance with U.S.
generally accepted accounting principles, to net income adjusted for certain items:

	YTD

		6/30/2006			6/30/2007


Net income, as reported	$	75,022		$	89,289
Tax benefit resulting from an international
income tax audit settlement		(3,693	)		(609	)
Expenses associated with the realignment
for growth initiative		-			989
Increase in tax reserves		—			3,565

Net income, as adjusted	$	71,329		$	93,234


The following is a reconciliation of diluted earnings per share, presented and reported in
accordance with U.S. generally accepted accounting principles, to diluted earnings per share adjusted for certain items:

	YTD

		6/30/2006			6/30/2007


Diluted earnings per share, as reported	$	1.01		$	1.20
Tax benefit resulting from an international
income tax audit settlement		(0.05	)		(0.01	)
Expenses associated with the realignment
for growth initiative		-			0.01
Increase in tax reserves		—			0.05

Diluted earnings per share, as adjusted	$	0.96		$	1.25

Note: Amounts may not total due to rounding.

For the Three Months ending September 30, 2007 and Twelve Months Ending December 31, 2007


	Three Months Ending						Twelve Months Ending
	September 30, 2007						December 31, 2007
	Low			High			Low			High
Net sales growth vs. 2006		8.0	%		10.0	%		9.0	%		11.0	%
Effective tax rate ⁽¹⁾		36.0	%		36.5	%		36.0	%		36.5	%
EPS ⁽²⁾	$	0.59		$	0.64		$	2.56		$	2.61
Cap Ex ($ mm’s)	$	10.0		$	12.0		$	43.0		$	45.0
⁽¹⁾ Excludes the increase in tax reserves which was reported in the
first quarter 2007 financial results and tax benefit resulting from an international
income tax audit settlement.
⁽²⁾ Excludes the impact of expenses expected to be incurred in 2007
relating to the company’s alignment for growth initiative and the increase in tax
reserves, which was reported in the first quarter 2007 financial result as well as
the increase in tax reserves which was reported in the second quarter 2007 financial
result. Includes accretion related to the company’s recent repurchase of 3.5
million shares in our repurchase program.


Media Contact:		Investor Contact:

Barbara Henderson SVP, Worldwide Corp. Comm. (310) 410-9600 ext. 32736		Erin Gehan Sr. Director Investor Relations (310) 410-9600 ext. 32862