Petaling Jaya, 23 October 2003 – Amway (Malaysia) Holdings Berhad (Amway Malaysia) was noted as one of the key markets of Alticor Inc (Alticor) who recently announced its worldwide sales of USD4.9 billion for its fiscal year ended August 31, 2003.

Alticor, established in 2000, operates through Amway Corporation (the parent company of Amway Malaysia)., Quixtar Inc., and Access Business Group LLC, a product development, manufacturing and logistics provider to the Amway Malaysia Group.

“Amway Malaysia is proud to be part of a company whose performance is attributable to the perseverance and dedication of its distributors in delivering results. Our third quarter results bear testimony to the resilience of the distributors in their retailing efforts despite the difficult economic conditions,” said Low Han Kee, Managing Director of Amway Malaysia.

Amway Malaysia is expected to release its unaudited year-end results by the end of October, 2003. For the first nine months to May 31, 2003, Amway Malaysia recorded a pre-tax profit of RM60.0 million with a turnover of RM318.7 million compared to a pre-tax profit of RM54.6 million and a turnover of RM281.7 million for the first nine months last year.

On Alticor’s performance, Alticor Chairman Steve Van Andel said: “Alticor is stronger than ever. Thanks to the extraordinary people around the world selling our products and services, we’ve recorded our fourth consecutive year of growth.”

Alticor President Doug DeVos said: “Our employees worked hard this year to grow the business. We’re very proud of this year’s results, especially in a tough economy where many businesses have struggled.”

Alticor has more than 11,000 employees worldwide. Its Amway unit strengthened its reputation as a global leader in the USD85 billion direct-selling industry.

“There is new excitement for Amway in both our emerging and established markets,” said Van Andel. “Amway is gaining strength as a global brand known for great products and an attractive business opportunity.”

Among Amway’s power brands that have contributed significantly to sales globally are its nutritional supplement brand called Nutrilite™, its Skincare and Cosmetic line, Artistry™ and Amway’s Water Treatment System.

About Alticor
Alticor (www.alticor.com) is the parent company of Amway Corp., Quixtar Inc., and Access Business Group LLC. Alticor’s world Headquarters, which span an area of over 1 million sq. ft., are located in Ada, Michigan of the USA. Through its subsidiaries and affiliates, Alticor owns or manages manufacturing and distribution facilities in more than 80 countries, including manufacturing facilities in the USA and China, farms for growing food supplements in the USA, Mexico and Brazil, and distribution facilities in North America, Europe and Far East. Alticor also owns the Amway Grand Plaza Hotel, a AAA four-diamond hotel which received the first and only five-diamond rating in Michigan for its flagship restaurant, The 1913 Room.

About Amway Malaysia
Amway Malaysia is one of the leading direct selling companies in Malaysia. The company, which began operations in 1976, offers a wide range of meaningfully differentiated quality products under its five core product lines namely Nutrition and Wellness (NUTRILITE vitamins and dietary supplements), Skin Care & Cosmetics (ARTISTRY skin care and cosmetic products), Personal Care (including oral care, toiletries and hair care products) Home Care (including laundry and car care products and household cleaners); and Home Tech (including water treatment system and cookware). In addition, the company’s PERSONAL SHOPPERS Catalogue offers locally-sourced and manufactured consumer products, from food and beverage to watches, garments, personal accessories and household appliances.