Pershing Square to Present Information Highlighting Herbalife's Illegal Business Practices in China

NEW YORK, Feb. 28, 2014 /CNW/ - Pershing Square Capital Management, L.P. ("Pershing Square") today announced it will be conducting a conference call regarding its investigation of Herbalife Ltd.'s business practices in China, providing evidence that the company is operating in violation of Chinese law. The report will show that Herbalife's business in China operates much like the company's business in the rest of the world – as a pyramid scheme.

Date: Tuesday, March 11, 2014
Conference Call: 2:00 p.m. EST

Registration Information will be provided shortly before the call.

About Pershing Square Capital Management, L.P.
Pershing Square Capital Management, L.P., based in New York City, is a SEC-registered investment advisor to private 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 have established short and other bearish economic positions against securities of Herbalife Ltd. 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 website www.factsaboutherbalife.com.

SOURCE: Pershing Square Capital Management, L.P.

Jennifer Burner, [phone], [email protected]; Carolyn Sargent, [phone], [email protected]