Annual General Meeting and Extraordinary General Meeting of Oriflame Cosmetics S.A.

Annual General Meeting and Extraordinary General Meeting of Oriflame
Cosmetics S.A.

Oriflame Cosmetics S.A. held its Annual General Meeting (AGM) and its
Extraordinary General Meeting (EGM) in Luxembourg today. The current
directors Magnus Brännström, Anders Dahlvig, Marie Ehrling, Lilian
Fossum Biner, Alexander af Jochnick, Jonas af Jochnick, Robert af
Jochnick, Helle Kruse Nielsen and Christian Salamon were re-elected to
serve as members of the Board of Directors of the Company until the next
Annual General Meeting. Robert af Jochnick was re-elected to serve as
Chairman of the Board until the next Annual General Meeting. KPMG Audit
S.à. r.l. was re-elected auditor.

The AGM approved the Board of Director's resolution that a dividend of
EUR 1.50 per share (or the Swedish Krona equivalent per Swedish
Depository Receipt) shall be paid in cash. Last day of trading in the
Oriflame share including right to receive dividend is 19 May 2011.
Payment of the dividend is expected to occur through Euroclear Sweden AB
on 27 May 2011.

The EGM approved the Board of Director's proposal to introduce a new
share incentive plan as set out in the convening notice.

The shareholders of the Company approved all other resolutions that were
proposed at the AGM and EGM as set out in the convening notice.