Exhibit 99

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FOR IMMEDIATE RELEASE     For further information, contact
    Doug Craney 708-450-3117

Alberto Culver Reports Strong Growth in Revenue and Pre-tax Earnings From

Continuing Operations in the Fourth Quarter and Fiscal Year

Melrose Park, IL, (October 27, 2008) – Alberto Culver Company (NYSE: ACV), a leading manufacturer and marketer of personal care products including

TRESemmé, Alberto VO5, Nexxus and St. Ives, today announced strong record sales and pre-tax earnings from continuing operations for its fourth quarter and fiscal year 2008. As a result of the divestiture of Cederroth International, continuing operations excludes the results for Cederroth. In addition, we are now reporting two business segments, United States and International.

Fourth Quarter:

 

   

Net sales for the fourth quarter increased 7.3% to $386.0 million from $359.7 million in the prior year quarter. Excluding the effect of foreign exchange rates, organic sales increased 8.4% for the fourth quarter.

 

   

Pre-tax income from continuing operations increased 20.2% to $45.4 million from $37.8 million in the prior year quarter. Excluding restructuring of $1.6 million in the current quarter and $1.1 million in the prior year quarter, pre-tax earnings from continuing operations increased 21.0% to $47.0 million compared to $38.9 million in the prior year quarter.

 

   

Diluted earnings per share from continuing operations were 20 cents compared to 29 cents in the prior year quarter. Diluted earnings per share from continuing operations, excluding restructuring and discrete items (see detail in bullets below), increased to 31 cents compared to 26 cents in the prior year, an increase of 19.2%. The reported diluted earnings per share from continuing operations includes the following items:

 

   

The current quarter includes approximately 10 cents per share of discrete tax expense, primarily related to taxes on a local currency gain on U.S. dollar denominated cash held in Sweden following the Cederroth sale, while the prior year quarter includes approximately four cents per share of discrete tax benefits, mainly due to the favorable resolution of open tax items.

 

   

The current and prior year quarter both include approximately one cent per share of restructuring expenses.


The following information was filed by Albertoculver Co (ACV) on Monday, October 27, 2008 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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