ORI Oriel Res.

RNS No 9927n
ORIFLAME INTERNATIONAL S.A.
13 October 1999


Not for release, distribution or publication in or into the United States,
Canada, Australia, Singapore or Japan


ORIFLAME INTERNATIONAL S.A.

Restructuring involving

Recommended Cash Offer for

Oriflame International S.A. ("Oriflame")

CLOSING OF THE OFFER



Oriflame Trading Limited announces that by 3.00 pm London time on 12 October
1999 it has received valid acceptances of the Offer from Minority Shareholders
in respect of 36,206,196 Oriflame Shares representing 36.48% of the Existing
issued share capital of Oriflame and 87.55% of the Minority Shareholders.  In
order for the Offer to be unconditional as to acceptances, it was necessary
for Minority Shareholders to accept the Offer in respect of at least
31,852,633 Oriflame Shares.  The Offer closed as to acceptances at 3.00 pm
London time on 12 October 1999.

Definitions used in the Offer Circular dated 7 September 1999 have the same
meanings when used in this announcement, unless the context requires
otherwise.


Enquiries :

Mark Cunningham
WestLB Panmure Limited                                          0171 638 4010


WestLB Panmure, which is regulated by The Securities and Futures Authority
Limited, is acting for Oriflame acting through the Independent Director, and
for no one else in connection with the Offer and will not be responsible to
anyone other than Oriflame, acting through the Independent Director, for
providing the protections afforded to customers of WestLB Panmure Limited nor
for giving advice in relation to the Offer.




END


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