Investor Relations

Rayovac Announces Management Changes

04/05/05

Steve Tooker and John Heil Appointed to Rayovac Executive Committee

ATLANTA, April 5 /PRNewswire-FirstCall/ -- Rayovac Corporation (NYSE: ROV) today announced that Stephen L. Tooker and John A. Heil have been appointed members of Rayovac's Executive Committee. Both executives joined Rayovac in February of 2005 concurrently with the company's acquisition of United Industries, Tooker as President - U.S. Home and Garden, and Heil as President - United Pet Group. As members of the company's Executive Committee, Tooker and Heil will serve as key participants in the development and execution of Rayovac's strategic growth plans.

In commenting on Tooker's appointment, Rayovac Chairman and CEO Dave Jones said, "Steve's years of experience in the consumer products category make him uniquely qualified for this position. His knowledge of our business and professional expertise will be of real value in our efforts to seamlessly integrate the United Industries acquisition into our North American operations while continuing to reach our growth and profit goals."

Tooker joined Spectrum Brands in September 2004. Prior to that, he spent a number of years with Dial Corporation, where during his tenure he served as Senior Vice President and General Manager of the Personal Care Division and Senior Vice President and General Manager of the Laundry Division, among other roles. Tooker's career also includes service with the Procter and Gamble Company, where he held a variety of positions in operations and finance. He has a Bachelor of Science degree from Miami of Ohio and an MBA in finance from Xavier University.

Heil joined United Pet Group as Chairman and CEO in June 2000. United Pet Group was acquired by United Industries in 2004. Prior to that, Heil spent twenty-five years with the H.J. Heinz Company in various executive management positions including President and Managing Director of Heinz Pet Products, President of Heinz Specialty Pet and Executive Vice President of StarKist Seafood. He holds a Bachelor of Arts in Economics degree from Lycoming College.

"Rayovac has targeted the pet supply category as one which plays an integral role in our growth strategy, and one we intend to grow both organically and through further acquisition," said Jones. "John's contributions to the growth and development of United Pet Group, and to our recently announced acquisition of Tetra Holding GmbH, have been integral to the establishment of Rayovac's meaningful global market position in pet supplies, and we expect his leadership and years of industry experience will be similarly invaluable in supporting our company's future growth."

About Rayovac Corporation

Rayovac recently announced its intention to change its corporate name to Spectrum Brands, Inc., subject to shareholder approval in April 2005. Once approved, the stock will trade on the New York Stock Exchange under the symbol SPC. Rayovac believes the new name better reflects its growth strategy of expanding its portfolio of world-class consumer product brands in a broad array of growth categories.

On March 17, 2005 Rayovac announced its intention to acquire Tetra Holding GmbH, a global leader in the manufacturing and marketing of foods, equipment and care products for fish and reptiles, along with accessories for home aquariums and ponds. The acquisition is expected to close in June 2005.

Rayovac is a global consumer products company and a leading supplier of batteries, lawn and garden care products, specialty pet supplies and shaving and grooming products. Through a diverse and growing portfolio of world-class brands, Rayovac holds leading market positions in a number of major product categories. Rayovac's products are sold by the world's top 20 retailers and are available in over one million stores in 120 countries around the world. Headquartered in Atlanta, Georgia, Rayovac generates approximately $2.5 billion in annual revenues and has approximately 9,300 employees worldwide. The company's stock trades on the New York Stock Exchange under the symbol ROV.

Forward-Looking Statements

Certain matters discussed in this news release, with the exception of historical matters, may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of risks, uncertainties and other factors that could cause results to differ materially from those anticipated as of the date of this release. Actual results may differ materially from these statements as a result of (1) changes in external competitive market factors, such as introduction of new product features or technological developments, development of new competitors or competitive brands or competitive promotional activity or spending, (2) changes in consumer demand for the various types of products Rayovac offers, (3) changes in the general economic conditions where Rayovac does business, such as stock market prices, interest rates, currency exchange rates, inflation and raw material costs, (4) our ability to successfully implement manufacturing, distribution and other cost efficiencies as announced and (5) various other factors, including those discussed herein and those set forth in Rayovac's and United Industries' securities filings, including their most recently filed Forms 10Q and Annual Reports on Form 10-K.

SOURCE  Rayovac Corporation
    -0-                             04/05/2005
    /CONTACT:  Investors, Nancy O'Donnell, VP Investor Relations of Rayovac
Corporation, +1-770-829-6208; or Media contact, David Doolittle of Ketchum for
Rayovac, +1-404-879-9266/
    /Web site:  http://www.rayovac.com /
    (ROV)

CO:  Rayovac Corporation
ST:  Georgia, Wisconsin
IN:  HOU
SU:  PER

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2488 04/05/2005 07:30 EDT http://www.prnewswire.com
Safe Harbor Disclaimer

Certain matters discussed herein, with the exception of historical matters, are forward-looking statements which involve risks and uncertainties. Actual results may differ materially from these statements as a result of changes in external competitive market factors, unanticipated changes in the company's industry, or the economy in general, as well as various other factors, including those discussed herein and those set forth in the Company's most recent Annual Report on Form 10-K.

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