1. ANNUAL GENERAL MEETING Jury’s Inn, Parnell Street, Dublin 1. May 24 th 2007

2. IHTA AGM AGENDA 2007 Chairman Peter Noone IHTA AGM AGENDA 2007 Chairman Peter Noone Chair’s Welcome Chair’s Welcome Apologies Apologies Minutes AGM April 25th 2006 Minutes AGM April 25th 2006 Matters arising Matters arising Chair’s Report 2006 Chair’s Report 2006 Treasurer’s Report 2006 Treasurer’s Report 2006 Council election Council election CEO address CEO address Comment & observations from the floor Comment & observations from the floor AOB AOB 10.30am to 11.0am Coffee and registration 11.00m to 12.00pm Annual General Meeting 12.00pm to 12.20pmNUTRITIONAL & HEALTH CLAIMS REGULATION Presented by Orla Walsh Presented by Orla Walsh Food Safety Authority of Ireland Food Safety Authority of Ireland 12.20pm to 12.35pmKEY LEGISLATIVE AND REGULATORY THREATS TO OUR INDUSTRY AND THE URGENT ACTION TO OUR INDUSTRY AND THE URGENT ACTION THAT SHOULD BE TAKEN TO COUNTER THEM THAT SHOULD BE TAKEN TO COUNTER THEM Presented by David Adams Presented by David Adams Director of HFMA Director of HFMA 12.35pm to 12.40pmCLOSE Tea/Coffee/Sandwiches Tea/Coffee/Sandwiches

3. IHTA Members IHTA Members 2006Full members 27 2006Full members 27 2006 Associate members 8 2006 Associate members 8 2007Full members24 2007Full members24 Associate members 9 Associate members 9 LostNoma, Napiers & Natural Selection. GainedAOR Europe

4. 1. January 2. March 3. May 4. August 5. October 6. November 7. AprilAGM Executive Council Meetings 2006

5. Meetings 2006 Meetings 2006 Jan:EHPM Claims, Brussels Jan:Natural Health Products Federation Jan:Botanical Forum, Brussels Jan:EHPM Council of Presidents March:Food Safety Authority Ireland Labelling, irradiation, GMO March:IMB THMPD March:Dept of Health & Children THMPD April:EHPM AGM, Nice May:Food Safety Authority Ireland Notification guidance notes Sept:EHPM Technical Council, Brussels Oct:EHPM Council of Presidents November:MPL Conference, Brussels November:Homeopathy working party

6. Working parties 2006 Working parties 2006 Food Supplement:Karen Wilson Mary O’Brien Herbal:Dominic Galvin David Belshaw Homeopathic: Peter Noone Pat Curran Christina Perry Board member EHPM:Jonathan Griffith Dominic Galvin Dominic Galvin

7. On going activity On going activity. The IHTA as a responsible stakeholder of the natural products industry is keenly involved in; managing members interests, co operating and liaising with affiliate trade bodies at national and European level, forging and building mutually beneficial relationship and links with our regulators. During 2006 a lot of time and effort was spent in negotiations with representatives of the Irish Association of Health Stores to debate forming an umbrella alliance namely the Natural Health Products Federation. This time consuming dedication to task was a very necessary step for the Association in establishing a focus on how best to move forward for the future. Focus of 2006 has opened new opportunities for 2007 On going activity On going activity. The IHTA as a responsible stakeholder of the natural products industry is keenly involved in; managing members interests, co operating and liaising with affiliate trade bodies at national and European level, forging and building mutually beneficial relationship and links with our regulators. During 2006 a lot of time and effort was spent in negotiations with representatives of the Irish Association of Health Stores to debate forming an umbrella alliance namely the Natural Health Products Federation. This time consuming dedication to task was a very necessary step for the Association in establishing a focus on how best to move forward for the future. Focus of 2006 has opened new opportunities for 2007

8. Looking Forward With the appointment of Alan Ruth as CEO to the IHTA we are entering into an new era in the development of our association. The position is a challenging one with many issues facing our industry. I personally would like to welcome Alan to our association and look forward to working closely with him in the interests of all our members. I would like to thank all members for your support in the decision to appoint a CEO and I take this opportunity to thank my fellow council members for their time and efforts in 2006 with a special Thank You to Dominic in his role as Chair. Further thanks to Wholefood Wholesale for their hospitality and of course Mary’s chips! Lastly but not least a very big Thank You to Phil who is a anchor and often an inspiration to our association. Thank You

9. IHTA Treasurers Report for 2006 IHTA Treasurers Report for 2006 Balance carried forward from last year: € 13,817.00 Membership Fee Income: € 77,036.00 Total Income available for 2006 € 90,853.00 Actual Expenditure incurred up to 31 st December 2006 General Secretary’s Remuneration: € 25,561.00 PRSI € 4,589.00 General Secretary’s Office expenses: € 863.00 Insurance: € 495.00 Payments to other Associations: € 12,445.00 AGM € 1,685.00 Phone € 56.00 Bank Charges € 1,246.00 Web –Site updating € 759.00 Travel & Accommodation € 3,839.00 Steering Committee € 475.00 Miscellaneous € 660.00 Rebate € 200.00 Total Expenditure: € 52,873.00 Balance carried forward to 2007: €37, 980.00

10. IHTA Council members for re election AGM 2007: Peter NoonePerrans Distributors Ltd Peter NoonePerrans Distributors Ltd Dominic GalvinNaturalife Health Dominic GalvinNaturalife Health Sue RattiganSolgar Vitamin & Herb Sue RattiganSolgar Vitamin & Herb Louis RyanWholefood Wholesale Louis RyanWholefood Wholesale Dan O’GradyElectramed Dan O’GradyElectramed David BelshawBioforce David BelshawBioforce Automatic re election: Automatic re election: Karen WilsonHigher Nature Karen WilsonHigher Nature Mary O’BrienChefaro Ireland Mary O’BrienChefaro Ireland