Normal.dotm 0 0 1 252 1438 Rodman Publishing 11 2 1765 12.0 0 false 18 pt 18 pt 0 0 false false false /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-ascii-font-family:Cambria; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Cambria; mso-hansi-theme-font:minor-latin;}

Ryan Drexler, a former senior executive and equity owner of market-leading Country Life Vitamins and holder of 341,000 shares, or 3.1% of the outstanding common stock of Nutraceutical International Corp., today announced his proposal to acquire all of the outstanding shares of Nutraceutical International Corp. in a negotiated all-cash transaction of $10.75 per share.

In his letter to the Board, Mr. Drexler wrote: “…I believe the company is sorely underperforming and in dire need of management direction and expertise. Twice before I have reached out to the board in an effort to find a mutually beneficial path toward unlocking value for all Nutraceutical shareholders and twice before I have received cursory rejections. This is in spite of the fact, known to management, that I personally have a long track record of success as an executive and equity owner in the nutritional supplement and natural product industry.

“I am reaffirming in this letter that I am prepared to immediately negotiate an all-cash transaction at $10.75 per share, the price that I previously proposed to the board, which could possibly be increased following completion of due diligence. This proposal allows holders to immediately realize value in what is currently an illiquid holding. I encourage the board to support my proposal as what it is: in the best interest of Nutraceutical shareholders, customers and employees.”

Prior to selling his family company to Kikkoman Corporation in 2007, Drexler spent 15 years as a senior executive at Country Life, where he successfully created new brands, developed strategic objectives and led acquisitions. Country Life remains a market leader in the nutritional supplements and natural products industry.