Energizer Holdings, Inc. Obtains Antitrust Clearance Regarding American Safety Razor Acquisition

Energizer Holdings, Inc. ENR, announced today that it received antitrust clearance from regulatory authorities in Germany and Taiwan in connection with Energizer's planned acquisition of American Safety Razor. On October 8, 2010, Energizer announced that it was the winning bidder for ASR in bankruptcy court proceedings, and that Energizer signed an agreement with ASR to purchase substantially all of ASR's assets for $301 million in cash and the assumption of certain liabilities. The acquisition is expected to close on November 23, 2010.