Petaling Jaya, October 19, 2005 - Main Board-listed Amway (Malaysia) Holdings Berhad (Amway) has posted an unaudited sales revenue of RM507.0 million for its fiscal year ended August 31, 2005, an increase of 11.1% compared to its previous fiscal year of RM456.4 million.

The increase was mainly driven by an increase in Distributor productivity, which in turn, was attributed to various sales and marketing initiatives undertaken by Amway. Pre-tax profit increased marginally by 1.3% to RM73.3 million from the previous fiscal year's RM72.4 million.

"This has been a remarkable year for Amway as we exceed the half a billion ringgit milestone, one year ahead of the sales revenue target we had set for ourselves," said Low Han Kee, Managing Director of Amway.

"This achievement was made possible through the power of person to person retailing and the sheer reach of the large Amway distributor force who leveraged the wide range of product offerings, attractive promotions and heightened awareness for two of Amway's leading core brands, NUTRILITE ™ and ARTISTRY ™, to promote and sell more Amway products."

For the year in review, Amway had introduced 12 new coreline products and revisions to its more than 450-strong product range. This included two major brands - the trendy E. Funkhouser cosmetic brand and the technologically-advanced iCook cookware range. The company had also embarked on integrated brand-building campaigns for its food supplement range, NUTRILITE™ and its global skincare and cosmetics brand, ARTISTRY™ to create greater awareness for its power brands as well as to support Amway Distributors' retailing efforts.

With the opening of its 13th Regional Distribution Center in Alor Setar during the fiscal year and increasing usage of its web-site - amway2u.com - for ordering and payment by distributors, distributor productivity was further buoyed by the attractive Sales Incentive Plans.

In an announcement to Bursa Malaysia Securities Berhad today, Amway and its subsidiaries will change their financial year end from 31 August to 31 December subsequent to the end of the period to coincide with the financial year end of Amway's ultimate holding company.

In the same announcement, the Board had opined that "with the anticipated slowdown of the country's economic growth and the weak consumer sentiment in the wake of the recent surge in fuel prices, the Group is expected to face a more challenging market environment in the new financial period. However, the 30th anniversary program put in place will help to mitigate the adverse market condition. The Board is cautiously optimistic about the outlook of the new financial period."

Amway also announced a fourth quarter interim dividend of 7.5 sen per share less 28% income tax which will be accorded to shareholders who are registered as at November 17, 2005. The payment date is November 30, 2005. With that, Amway would have paid out a total dividend of 50 sen, including a special dividend of 20 sen, amounting to a total pay-out of RM59,179,000 (after 28% tax) for the full financial year ended August 31, 2005.