Pershing Square Releases Video: The American Dream Denied

Pershing Square Capital Management, L.P. (“Pershing Square”) today webcast “The American Dream Denied,” a video about Herbalife.

The video tells the stories of recent Herbalife distributors and shows that millions of people are still being harmed by the company every day. Herbalife’s pyramidal compensation plan and its predatory practices continue to deceive aspiring entrepreneurs.

The video, along with new videos detailing the individual stories of the distributors in the film, is available at www.FactsAboutHerbalife.com

About Pershing Square Capital Management, L.P.

Pershing Square Capital Management, L.P. ("Pershing Square"), based in New York City, is a SEC-registered investment adviser to investment funds. Pershing Square manages funds that are in the business of trading — buying and selling — securities and other financial instruments. Funds managed by Pershing Square are short the stock of Herbalife Ltd. and own put options on the Company. Pershing Square may increase, decrease, dispose of, or change the form of its investment in Herbalife for any or no reason, at any time. Pershing Square may change its views about or its investment positions in Herbalife at any time, for any reason or no reason. Pershing Square may buy, sell, cover or otherwise change the form or substance of its Herbalife investment. Pershing Square disclaims any obligation to notify the market of any such changes. Please see the full Disclaimer appearing on the websites www.factsaboutherbalife.com.

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