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Rick Goings

Tupperware Brands has been and continues to be a company that is passionate about changing women's lives through enlightening, educating and empowering them to achieve their goals.

We are able to help our sales force, most of whom are women, not only see the possibilities that lie ahead but also provide them a way to achieve them. Through our innovative products, dynamic selling situations like "Girls Night Out" and "Spa parties" and by providing a career replacement earnings opportunity, women are empowered to take charge and to embrace new opportunities. Relationships are developed, achievements are recognized and rewards are earned. These are all part of our culture and the culture of our sales force.

Over the past year we have continued to see growth not only in many of our core Tupperware and Beauty businesses but also steady growth from our businesses in emerging market economies. Last year over 80% of our revenues and profits came from outside the U.S. and, over 45% of our revenues came from the emerging markets of the world. These emerging markets include Russia, Turkey, Africa, China, India, Indonesia as well as Central and South America.

As we look across our portfolio of direct selling companies, through our acquisition of the Sara Lee Direct Selling companies in December 2005, we further expanded our footprint in Beauty. Last year, Beauty comprised almost 40% of our overall sales. We have a substantial footprint in Mexico and we continue to work to expand our Beauty business into South America and elsewhere.

While there will always be challenges, we have been able to adapt our business model to changes in the market. Leveraging the institutional skills of our management team, the strength of our employees and the passion of our sales force of over 2 million from around the world, we look forward to 2008 and the unlimited opportunities that come from being a global portfolio of direct selling companies.