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General Nutrition Centers, Inc. Reports First Quarter 2008 Financial Results
Date:5/8/2008

and the acquisition related charges, Adjusted EBITDA was $55.6 million for the first quarter of 2008, a 16.6% increase over Adjusted EBITDA of $47.7 million for the first quarter of 2007, a result of improved operating income in each of our business segments.

The transaction costs and acquisition-related expenses incurred in the first quarter of 2007 included: $34.6 million of transaction fees and expenses; $15.3 million of compensation expenses (including $3.8 million of non-cash stock-based compensation resulting from the cancellation of all outstanding stock options); and $1.4 million of non-cash purchase accounting adjustments recorded as part of cost of sales.

GNC, headquartered in Pittsburgh, Pa., is the largest global specialty retailer of nutritional products including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products. GNC has more than 5,000 retail locations throughout the United States (including more than 950 franchise and 1,400 Rite Aid store-within-a-store locations) and franchise operations in 43 international markets. The company -- which is dedicated to helping consumers Live Well -- also offers products and product information online at http://www.gnc.com.

GNC has scheduled a conference call and webcast to report its first quarter financial results on Thursday, May 8, 2008 at 11:00 am ET. To listen to this call inside the U.S., dial 1-800-588-4973, and outside the U.S. dial 1-847-413-2407. A webcast of the call will be available through the "About GNC" link on http://www.gnc.com. The conference identification number for all callers is 21531200.

This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to our financial condition, results of operations and business that is not historical infor
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SOURCE General Nutrition Centers, Inc.
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