Oriflame Cosmetics' Diamond President Director Tamilla Polezhaeva dies after period of illness; day-to-day operations not affected, CEO says

STOCKHOLM , November 14, 2011 (press release) – It is with great sadness that Oriflame regrets to inform that Tamilla Polezhaeva has passed away after a period of illness. Together with her husband Vladimir, she became a top leading sales consultant of our company. Oriflame supports her family with all available resources.

“Today our thoughts are with the Polezhaeva family. The success of Tamilla and Vladimir has inspired many of our sales consultants to build their own successful businesses within the Oriflame networks – and will continue to do so, as Vladimir together with his daughters continue to develop the family operation,” says Magnus Brännström, CEO & President of Oriflame.

Tamilla and Vladimir Polezhaeva have for many years been a strong team and an important force in building Oriflame’s operations in Russia and globally. They have also been very supportive to Oriflame in developing the company’s work methods with the aim to make people grow as individuals and business entrepreneurs.

The Oriflame day-to-day operations are not affected by this unfortunate event. Oriflame’s network model is built around the principle that the company has individual contact with each and every one of the sales consultants in the network, with direct contacts relating to orders, deliveries and payments.

For additional information, please contact:
Magnus Brännström, CEO & President, telephone: +352 691 151 930

Oriflame Cosmetics is an international beauty company selling direct. The company began operations in 1967 in Sweden and has today a presence in over 60 countries worldwide. Oriflame offers a wide portfolio of Swedish, natural, innovative, quality beauty products at affordable prices. To-date Oriflame has over 3.5 million consultants worldwide with annual sales of €1.5 billion. Oriflame offers the leading business opportunity for people who want to start making money the same day they join and then grow into a leadership role and fulfil their personal dreams and ambitions. Oriflame is listed on NASDAQ OMX Stockholm since 2004.

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