Alberto-Culver Expects Another Record Year

Alberto-Culver Company. Melrose Park, IL, expects to report another record year for fiscal 2002, which concludes Sept. 30. President and chief executive officer, Howard B. Bernick, will provide an overview of the company, its long- term strategies and respond to questions at the Merrill Lynch 10th Annual Global Branded Consumer Products Conference in London on Wednesday, October 2, 2002.

Among his comments, Mr. Bernick anticipates informing the conference that:

“Fiscal 2002 results, which we plan to announce on October 24, are anticipated to show that fiscal 2002 will mark our eleventh consecutive record sales and record earnings year. We remain comfortable at this time with analysts’ estimates for the 2002 fiscal year ending September 30, of earnings per share in the range of $2.30 – $2.32 per share, on a fully diluted basis.”