Exhibit 99.1
FOR IMMEDIATE RELEASE
NATURAL HEALTH TRENDS CORP.
ANNOUNCES PRIVATE PLACEMENT FINANCING
DALLAS, October 22, 2007 Natural Health Trends Corp. (NASDAQ: BHIP) announced today that it has
entered into a definitive agreements with certain institutional investors to receive $3.74 million
in financing from a private placement of convertible debentures and warrants. Dawson James
Securities, Inc. (DJS) served as exclusive placement agent.
The debentures will have an aggregate face amount of $4,250,000 and can be converted into 1,496,000
shares of the Companys Common Stock, subject to adjustment. The financing includes seven-year
warrants to purchase 1,496,000 shares of Common Stock at $3.52 per share and one-year warrants to
purchase 1,496,000 shares of Common Stock at $3.52 per share, subject to adjustment. The
debentures bear interest at the greater of LIBOR plus 4% or 10% per annum. Interest-only is
payable quarterly for one year, and one-half of the principal will also be payable monthly during
the second year. The debentures will mature in two years, unless extended by their holders for an
additional three years. Under certain conditions, the Company may be able to pay principal and
interest in shares of its Common Stock. Under certain conditions, the Company also has certain
rights to force conversion or redemption of the debentures.
The Company intends to use the net proceeds from the financing to provide additional working
capital.
This financing attests to our strong commitment to our members around the world and provides the
Company with additional resources to invest in the long-term opportunities available to us while
withstanding our shorter-term business volatility, said Chris Sharng, President of Natural Health
Trends Corp. Over the summer months, we deliberately kept the Companys marketing programs in our
China market at a lower profile. At the end of the second quarter, we also began to implement a
change to our commission plan that we believe will promote earlier commission payments. With more marketing
activities in the next few months, we are taking a conservative approach to make sure we can
properly support our members as well as the exciting events we have planned for Hong Kong, China,
and Europe. Finally, we can also use the new financing to facilitate additional cost reduction
measures to further lower our fixed costs in the U.S. and various international markets.
The disclosure about the foregoing financing does not constitute an offer to sell or a solicitation
of an offer to buy any securities of the Company. The offer and sale of such securities have not
been registered under the Securities Act of 1933, and such securities may not be offered or sold in
the United States absent registration or an applicable exemption from registration requirements.
About Natural Health Trends Corp.
Natural Health Trends Corp. is an international direct-selling and e-commerce company operating
through its subsidiaries throughout Asia, North America, Europe and Latin America.
The Company markets premium quality personal care products under the NHT Global brand. Additional
information can be found on the Companys website, and management encourages interested parties to
register for updated corporate information via email on the Companys home page,
www.naturalhealthtrendscorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 Forward-looking
statements in this release do not constitute guarantees of future performance. Such
forward-looking statements are subject to risks and uncertainties that could cause our actual
results to differ materially from those anticipated. Such risks and uncertainties include the
risks and uncertainties detailed under the caption Risk Factors in our Amendment No. 2 to
Registration Statement on Form S-3 filed on August 24, 2007 with the Securities and Exchange
Commission. We assume no obligation to update any forward-looking information contained in this
press release or with respect to the announcements described herein.
Contact:
Chris Sharng
President
Natural Health Trends Corp.
(972) 241-4080
SOURCE: Natural Health Trends Corp.