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Meldungen 14.12.2005

14.12.2005: Meldung: Hain Celestial Group Reconfirms Annual Guidance

The Hain Celestial Group, Inc., a leading natural and organic food and personal care products company, today econfirmed its fiscal year 2006 guidance of $650 million to $670 million in sales and earnings of $0.98 to $1.05 per share (which does not give effect to the Company"s pending acquisition of Spectrum Organic Products, Inc.). Officers of the Company expect to meet with investors and potential investors during the next two weeks. During these meetings, the officers expect to confirm the Company"s ability to meet these sales and earnings expectations.

 

The Hain Celestial Group

 

The Hain Celestial Group (Nasdaq: HAIN), headquartered in Melville, NY, is a leading natural and organic food and personal care products company in North America and Europe. Hain Celestial participates in almost all natural food categories with well-known brands that include Celestial Seasonings(R), Terra Chips(R), Garden of Eatin"(R), Health Valley(R), WestSoy(R), Earth"s Best(R), Arrowhead Mills(R), DeBoles(R), Hain Pure Foods(R), Raised Right(R), Hollywood(R), Walnut Acres Organic(TM), Imagine Foods(R), Rice Dream(R), Soy Dream(R), Rosetto(R), Ethnic Gourmet(R), Yves Veggie Cuisine(R), Lima(R), Biomarche(TM), Grains Noirs(R), Natumi(R), JASON(R) and Zia(R) Natural Skincare. For more information, visit www.hain-celestial.com.

 

Additional Information Regarding the Spectrum Acquisition

 

In connection with the proposed acquisition of Spectrum Organic Products, Inc., a registration statement registering shares of Hain Celestial"s common stock, including a proxy statement of Spectrum, has been filed and other materials will be filed with the Securities and Exchange Commission ("SEC"). WE URGE INVESTORS TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT AND THESE OTHER MATERIALS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors are able to obtain free copies of the registration statement and proxy statement, and will be able to obtain free copies of other filed documents containing information about Hain Celestial and Spectrum at www.sec.gov, the SEC"s website. Free copies of Hain Celestial"s SEC filings also are available on Hain Celestial"s website at www.hain-celestial.com, or by request to Investor Relations, The Hain Celestial Group, Inc., 58 South Service Road, Melville, New York 11747. Free copies of Spectrum"s SEC filings also are available on Spectrum"s Website at www.spectrumorganics.com, or by request to Investor Relations, Spectrum Organic Products, Inc., 5341 Old Redwood Highway, Suite 400, Petaluma, California 94954.

 

Participants in the Solicitation

 

The Company, Spectrum and their respective executive officers and directors may be deemed, under SEC rules, to be participants in the solicitation of proxies from Spectrum stockholders with respect to the Spectrum acquisition. Information regarding the Company"s officers and directors is included in its Notice of Annual Meeting of Stockholders and Proxy Statement, as filed with the SEC on October 31, 2005. Information regarding the officers and directors of Spectrum is included in its Annual Report on Form 10-K for the fiscal year ended December 31, 2004, as filed with the SEC on March 24, 2005. More detailed information regarding the identity of potential participants and their interests in the solicitation will be set forth in the registration statement and proxy statement and other materials to be filed with the SEC in connection with the proposed transaction.

 

Safe Harbor Statement

 

This press release contains forward-looking statements within and constitutes a "Safe Harbor" statement under the Private Securities Litigation Act of 1995. Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve known and unknown risks and uncertainties, which could cause our actual results to differ materially from those described in the forward- looking statements. These risks include but are not limited to general economic and business conditions; the ability to implement business and acquisition strategies, integrate acquisitions, and obtain financing for general corporate purposes; competition; retention of key personnel; compliance with government regulations and other risks detailed from time-to- time in the Company"s reports filed with the Securities and Exchange Commission, including the report on Form 10-K, as amended, for the fiscal year ended June 30, 2005. The forward-looking statements made in this press release are current as of the date of this press release, and the Company does not undertake any obligation to update forward-looking statements.

 

SOURCE The Hain Celestial Group, Inc.

 

Contact:

Ira Lamel, or Mary Anthes, both of The Hain Celestial Group, Inc., +1-631-730-2200

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