----

**U.      S. SECURITIES AND EXCHANGE COMMISSION**

**Washington,      DC 20549**

**FORM      10-Q**

**[      X ]**
**QUARTERLY      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934**

**For      the quarterly period ended **
**December      31, 2005**

**PRESTIGE      BRANDS HOLDINGS, INC.**

| **Delaware**                            | **20-1297589**                                      | **001-32433**                           |
|-----------------------------------------|-----------------------------------------------------|-----------------------------------------|
| (State                of Incorporation) | (I.R.S.                Employer Identification No.) | (Commission                File Number) |

**PRESTIGE      BRANDS INTERNATIONAL, LLC**

| **Delaware**                            | **20-0941337**                                      | **333-11715218-18**                     |
|-----------------------------------------|-----------------------------------------------------|-----------------------------------------|
| (State                of Incorporation) | (I.R.S.                Employer Identification No.) | (Commission                File Number) |

|                                                                             |
|----------------------------------------------------------------------------------|
| **90                North Broadway****Irvington,                New York 10533** |  **(914)                524-6810** |
| (Address                of Principal Executive Offices)                          | (Registrants’                telephone number, including area                code) |

----

**Prestige      Brands Holdings, Inc.**

**Form      10-Q**

**Index**

| **PART                  I.**  | **FINANCIAL                  INFORMATION**                                                                                                                                                                             |    |
|-------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|
|                          |                                                                                                                                                                                                                   |    |
| Item                  1.      | Consolidated                  Financial Statements                                                                                                                                                                     |    |
|                          | **Prestige                  Brands Holdings, Inc.**                                                                                                                                                                    |    |
|                               | Consolidated                  Balance Sheets - December 31, 2005 and March 31, 2005                  (unaudited)                                                                                                       | 2       |
|                          | Consolidated                  Statements of Operations - three months ended December 31, 2005                  and 2004                  and nine months ended                  December 31, 2005 and 2004 (unaudited) | 3  |
|                          | Consolidated                  Statement of Changes in Stockholders’ Equity and Comprehensive Income -                  nine months ended                  December                  31, 2005 (unaudited)         | 4  |
|                          | Consolidated                  Statements of Cash Flows - nine months ended December 31, 2005                  and 2004                  (unaudited)                                                                    | 5       |
|                          | Notes                  to Unaudited Consolidated Financial Statements                                                                                                                                                  | 6       |
|                          |                                                                                                                                                                                                                   |    |
|                          | **Prestige                  Brands International, LLC**                                                                                                                                                                |    |
|                          | Consolidated                  Balance Sheets - December 31, 2005 and March 31, 2005                  (unaudited)                                                                                                       | 22      |
|                          | Consolidated                  Statements of Operations - three months ended December 31, 2005                  and 2004                  and nine months ended                  December 31, 2005 and 2004 (unaudited) | 23      |
|                          | Consolidated                  Statement of Changes in Members’ Equity - nine months ended December 31,                  2005 (unaudited)                                                                         | 24      |
|                          | Consolidated                  Statements of Cash Flows - nine months ended December 31, 2005                  and 2004                  (unaudited)                                                                    | 25      |
|                          | Notes                  to Unaudited Consolidated Financial Statements                                                                                                                                                  | 26      |
|                          |                                                                                                                                                                                                                   |    |
| Item                  2.      | Management’s                  Discussion and Analysis of Financial Condition and Results of                  Operation                                                                                           | 40      |
|                          |                                                                                                                                                                                                                   |    |
| Item                  3.      | Quantitative                  and Qualitative Disclosure About Market Risk                                                                                                                                             | 52      |
|                          |                                                                                                                                                                                                                   |    |
| Item                  4.      | Controls                  and Procedures                                                                                                                                                                               | 53      |
|                          |                                                                                                                                                                                                                   |    |
| **PART                  II.** | **OTHER                  INFORMATION**                                                                                                                                                                                 |    |
|                          |                                                                                                                                                                                                                   |    |
| Item                  1.      | Legal                  Proceedings                                                                                                                                                                                     | 54      |
|                          |                                                                                                                                                                                                                   |    |
| Item                  2.      | Unregistered                  Sales of Equity Securities and Use of Proceeds                                                                                                                                           | 55      |
|                          |                                                                                                                                                                                                                   |    |
| Item                  3.      | Defaults                  Upon Senior Securities                                                                                                                                                                       | 55      |
|                          |                                                                                                                                                                                                                   |    |
| Item                  4.      | Submission                  of Matters to a Vote of Security Holders                                                                                                                                                   | 55      |
|                          |                                                                                                                                                                                                                   |    |
| Item                  5.      | Other                  Information                                                                                                                                                                                     | 55      |
|                          |                                                                                                                                                                                                                   |    |
| Item                  6.      | Exhibits                                                                                                                                                                                                               | 55      |
|                          |                                                                                                                                                                                                                   |    |
|                          | Signatures                                                                                                                                                                                                             | 56      |

----

**Prestige      Brands Holdings, Inc.**

**Consolidated      Balance Sheets**

***(Unaudited***
**)**

***(In      thousands)***

|                                                                                                                                 |   | **December                31, 2005** |      | **March                31, 2005** |   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------|-----------|-----------------------------------|--------|
| **Assets**                                                                                                                           |   |                                 |      |                              |   |   |   |
| Current                assets                                                                                                        |   |                                 |      |                              |   |   |   |
| Cash                                                                                                                                 |   | $                                    | 9,646     |                              | $      | 5,334 |   |
| Accounts                receivable                                                                                                   |   |                                 | 36,011    |                              |   | 35,918 |   |
| Inventories                                                                                                                          |   |                                 | 33,682    |                              |   | 24,833 |   |
| Deferred                income tax assets                                                                                            |   |                                 | 7,195     |                              |   | 5,699 |   |
| Prepaid                expenses and other current assets                                                                             |   |                                 | 3,049     |                              |   | 3,152 |   |
| Funds                in escrow                                                                                                       |   |                                 | 3,000     |                              |   | -- |   |
| Total                current assets                                                                                                  |   |                                 | 92,583    |                              |   | 74,936 |   |
|                                                                                                                                 |   |                                 |      |                              |   |   |   |
| Property                and equipment                                                                                                |   |                                 | 1,453     |                              |   | 2,324 |   |
| Goodwill                                                                                                                             |   |                                 | 298,273   |                              |   | 294,731 |   |
| Intangible                assets                                                                                                     |   |                                 | 647,021   |                              |   | 608,613 |   |
| Other                long-term assets                                                                                                |   |                                 | 14,502    |                              |   | 15,996 |   |
|                                                                                                                                 |   |                                 |      |                              |   |   |   |
| Total                Assets                                                                                                          |   | $                                    | 1,053,832 |                              | $      | 996,600 |   |
|                                                                                                                                 |   |                                 |      |                              |   |   |   |
| **Liabilities                and Stockholders’ Equity**                                                                        |   |                                 |      |                              |   |   |   |
| Current                liabilities                                                                                                   |   |                                 |      |                              |   |   |   |
| Accounts                payable                                                                                                      |   | $                                    | 20,553    |                              | $      | 21,705 |   |
| Accrued                liabilities                                                                                                   |   |                                 | 11,715    |                              |   | 11,589 |   |
| Current                portion of long-term debt                                                                                     |   |                                 | 3,730     |                              |   | 3,730 |   |
| Total                current liabilities                                                                                             |   |                                 | 35,998    |                              |   | 37,024 |   |
|                                                                                                                                 |   |                                 |      |                              |   |   |   |
| Long-term                debt                                                                                                        |   |                                 | 513,833   |                              |   | 491,630 |   |
| Deferred                income tax liabilities                                                                                       |   |                                 | 98,872    |                              |   | 85,899 |   |
|                                                                                                                                 |   |                                 |      |                              |   |   |   |
| Total                liabilities                                                                                                     |   |                                 | 648,703   |                              |   | 614,553 |   |
|                                                                                                                                 |   |                                 |      |                              |   |   |   |
| **Commitments                and Contingencies - Note 13**                                                                           |   |                                 |      |                              |   |   |   |
|                                                                                                                                 |   |                                 |      |                              |   |   |   |
| **Stockholders’                Equity**                                                                                        |   |                                 |      |                              |   |   |   |
| Preferred                stock - $0.01 par value                                                                                     |   |                                 |      |                              |   |   |   |
| Authorized                - 5,000 shares                                                                                             |   |                                 |      |                              |   |   |   |
| Issued                and outstanding - None                                                                                         |   |                                 | --        |                              |   | -- |   |
| Common                stock - $0.01 par value                                                                                        |   |                                 |      |                              |   |   |   |
| Authorized                - 250,000 shares                                                                                           |   |                                 |      |                              |   |   |   |
| Issued                and outstanding - 50,056 shares at December 31, 2005 and 50,000 March                31,                2005   |   |                                 | 501       |                              |   | 500 |   |
| Additional                paid-in capital                                                                                            |   |                                 | 378,417   |                              |   | 378,251 |   |
| Treasury                stock, at cost - 15 shares at December 31, 2005 and 2 shares at March                31,                2005 |   |                                 | (25       | )                                 |   | (4 | ) |
| Accumulated                other comprehensive income                                                                                |   |                                 | 608       |                              |   | 320 |   |
| Retained                earnings                                                                                                     |   |                                 | 25,628    |                              |   | 2,980 |   |
| Total                stockholders’ equity                                                                                      |   |                                 | 405,129   |                              |   | 382,047 |   |
|                                                                                                                                 |   |                                 |      |                              |   |   |   |
| Total                Liabilities and Stockholders’ Equity                                                                      |   | $                                    | 1,053,832 |                              | $      | 996,600 |   |

*See      accompanying notes.*

----

**Prestige      Brands Holdings, Inc.**

**Consolidated      Statements of Operations**

***(Unaudited)***

|                                                                                                                                 |   | **Three                Months****Ended                December 31** |   | **Nine                Months****Ended                December 31** |   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
| ***(In                thousands, except per share data)***                                                                           |   | **2005**                                                            |   | **2004**                                                           |   | **2005** |   | **2004** |   |
| **Revenues**                                                                                                                         |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Net                sales                                                                                                             |   | $                                                                   | 79,829 |                                                               | $      | 73,018 |   | $ | 216,577 |   | $ | 211,630 |   |
| Other                revenues                                                                                                        |   |                                                                | 27     |                                                               |   | 25 |   |   | 77 |   |   | 126 |   |
| Total                revenues                                                                                                        |   |                                                                | 79,856 |                                                               |   | 73,043 |   |   | 216,654 |   |   | 211,756 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| **Cost                of Sales**                                                                                                     |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Cost                of sales                                                                                                         |   |                                                                | 38,726 |                                                               |   | 33,241 |   |   | 103,224 |   |   | 104,320 |   |
| Gross                profit                                                                                                          |   |                                                                | 41,130 |                                                               |   | 39,802 |   |   | 113,430 |   |   | 107,436 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| **Operating                Expenses**                                                                                                |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Advertising                and promotion                                                                                             |   |                                                                | 7,385  |                                                               |   | 5,168 |   |   | 26,307 |   |   | 24,402 |   |
| General                and administrative                                                                                            |   |                                                                | 6,159  |                                                               |   | 5,690 |   |   | 15,182 |   |   | 15,113 |   |
| Depreciation                                                                                                                         |   |                                                                | 520    |                                                               |   | 457 |   |   | 1,495 |   |   | 1,395 |   |
| Amortization                of intangible assets                                                                                     |   |                                                                | 2,314  |                                                               |   | 2,148 |   |   | 6,610 |   |   | 5,753 |   |
| Total                operating expenses                                                                                              |   |                                                                | 16,378 |                                                               |   | 13,463 |   |   | 49,594 |   |   | 46,663 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Operating                income                                                                                                      |   |                                                                | 24,752 |                                                               |   | 26,339 |   |   | 63,836 |   |   | 60,773 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| **Other                income (expense)**                                                                                            |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Interest                income                                                                                                       |   |                                                                | 144    |                                                               |   | 48 |   |   | 451 |   |   | 135 |   |
| Interest                expense                                                                                                      |   |                                                                | (9,670 | )                                                                  |   | (12,042 | ) |   | (27,158 | ) |   | (34,012 | ) |
| Loss                on extinguishment of debt                                                                                        |   |                                                                | --     |                                                               |   | -- |   |   | -- |   |   | (7,567 | ) |
| Total                other income (expense)                                                                                          |   |                                                                | (9,526 | )                                                                  |   | (11,994 | ) |   | (26,707 | ) |   | (41,444 | ) |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Income                before provision forincome                taxes                                                                |   |                                                                | 15,226 |                                                               |   | 14,345 |   |   | 37,129 |   |   | 19,329 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Provision                for income taxes                                                                                            |   |                                                                | 5,881  |                                                               |   | 5,218 |   |   | 14,481 |   |   | 7,392 |   |
| Net                income                                                                                                            |   |                                                                | 9,345  |                                                               |   | 9,127 |   |   | 22,648 |   |   | 11,937 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Cumulative                preferred dividends on Senior Preferred     and                Class B Preferred Units |   |                                                                | --     |                                                               |   | (3,895 | ) |   | -- |   |   | (11,341 | ) |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Net                income available to members and common stockholders                                                               |   | $                                                                   | 9,345  |                                                               | $      | 5,232 |   | $ | 22,648 |   | $ | 596 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Basic                earnings per share                                                                                              |   | $                                                                   | 0.19   |                                                               | $      | 0.21 |   | $ | 0.46 |   | $ | 0.02 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Diluted                earnings per share                                                                                            |   | $                                                                   | 0.19   |                                                               | $      | 0.20 |   | $ | 0.45 |   | $ | 0.02 |   |
|                                                                                                                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Weighted                average shares outstanding:Basic                                                                             |   |                                                                | 48,929 |                                                               |   | 24,725 |   |   | 48,874 |   |   | 24,617 |   |
| Diluted                                                                                                                              |   |                                                                | 50,010 |                                                               |   | 26,613 |   |   | 50,007 |   |   | 26,543 |   |

*See      accompanying notes.*

----

**Prestige      Brands Holdings, Inc.**

**Consolidated      Statement of Changes in Stockholders’ Equity**

**and      Comprehensive Income**

**Nine      Months Ended December 31, 2005**

***(Unaudited)***

|                                                                                                    |   |  **Common                Stock****Par****Shares** **Value** |   |  **Additional****Paid-in****Capital** |   |   **Treasury                Stock****Shares** **Amount** |   | **Accumulated****Other****Comprehensive****Income** |    |   **Retained****Earnings** |   |    **Totals** |   |
|---------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------|--------|--------------------------------------------|--------|-------------------------------------------------------------------------|--------|-----------------------------------------------------|---------|--------------------------------------|--------|------------------------------|--------|
| ***(In                thousands)***                                                                     |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |
| Balances                - March 31, 2005                                                                |   |                                                                  | 50,000 |                                       | $      | 500                                                                     |   | $                                                   | 378,251 |                                 |   | 2                            |   | $ | (4 | ) | $ | 320 |   | $ | 2,980 |   | $ | 382,047 |   |
|                                                                                                    |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Additional                costs associated with initial public offering                                 |   |                                                                  |   |                                       |   |                                                                    |   |                                                | (63     | )                                    |   |                         |   |   |   |   |   |   |   |   |   |   |   | (63 | ) |
|                                                                                                    |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Issuance                of common stock and options to officers, directors and                employees |   |                                                                  | 56     |                                       |   | 1                                                                       |   |                                                | 229     |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   | 230 |   |
|                                                                                                    |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Repurchase                of common stock                                                               |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   | 13                           |   |   | (21 | ) |   |   |   |   |   |   |   | (21 | ) |
|                                                                                                    |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Components                of comprehensive income                                                       |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                income                                                                               |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   | 22,648 |   |   | 22,648 |   |
|                                                                                                    |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Unrealized                gain on interest rate cap, net of income tax benefit of                $134   |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   | 288 |   |   |   |   |   | 288 |   |
| Total                comprehensive income                                                               |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   | 22,936 |   |
|                                                                                                    |   |                                                                  |   |                                       |   |                                                                    |   |                                                |    |                                 |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balances                - December 31, 2005                                                             |   |                                                                  | 50,056 |                                       | $      | 501                                                                     |   | $                                                   | 378,417 |                                 |   | 15                           |   | $ | (25 | ) | $ | 608 |   | $ | 25,628 |   | $ | 405,129 |   |

*See      accompanying notes.*

----

**Prestige      Brands Holdings, Inc.**

**Consolidated      Statements of Cash Flows**

***(Unaudited)***

| ***(In                thousands)***                                                                                                 |   | **Nine                Months Ended December 31** |    |
|-------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|---------|
|                                                                                                                                |   | **2005**                                         |    | **2004** |   |
| **Operating                Activities**                                                                                             |   |                                             |    |   |   |
| Net                income                                                                                                           |   | $                                                | 22,648  |   | $ | 11,937 |   |
| Adjustments                to reconcile net income to net cash provided by operating                activities:                     |   |                                             |    |   |   |   |   |
| Depreciation                and amortization                                                                                        |   |                                             | 8,105   |   |   | 7,148 |   |
| Deferred                income taxes                                                                                                |   |                                             | 11,543  |   |   | 12,749 |   |
| Amortization                of deferred financing costs                                                                             |   |                                             | 1,727   |   |   | 2,290 |   |
| Stock-based                compensation                                                                                             |   |                                             | 230     |   |   | -- |   |
| Loss                on extinguishment of debt                                                                                       |   |                                             | --      |   |   | 7,567 |   |
| Changes                in operating assets and liabilities, net of effects of purchases                of                businesses |   |                                             |    |   |   |   |   |
| Accounts                receivable                                                                                                  |   |                                             | 2,681   |   |   | 520 |   |
| Inventories                                                                                                                         |   |                                             | (6,997  | ) |   | 4,470 |   |
| Prepaid                expenses and other assets                                                                                    |   |                                             | 271     |   |   | (914 | ) |
| Accounts                payable                                                                                                     |   |                                             | (3,549  | ) |   | 1,160 |   |
| Account                payable - related parties                                                                                    |   |                                             | --      |   |   | 1,000 |   |
| Accrued                liabilities                                                                                                  |   |                                             | (823    | ) |   | (7,989 | ) |
| Net                cash provided by operating activities                                                                            |   |                                             | 35,836  |   |   | 39,938 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| **Investing                Activities**                                                                                             |   |                                             |    |   |   |   |   |
| Purchases                of equipment                                                                                               |   |                                             | (452    | ) |   | (198 | ) |
| Purchases                of intangibles                                                                                             |   |                                             | (22,623 | ) |   | -- |   |
| Purchases                of businesses, net of cash acquired                                                                        |   |                                             | (30,555 | ) |   | (425,479 | ) |
| Net                cash used for investing activities                                                                               |   |                                             | (53,630 | ) |   | (425,677 | ) |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| **Financing                Activities**                                                                                             |   |                                             |    |   |   |   |   |
| Proceeds                from the issuance of notes                                                                                  |   |                                             | 30,000  |   |   | 698,512 |   |
| Payment                of deferred financing costs                                                                                  |   |                                             | (13     | ) |   | (23,529 | ) |
| Repayment                of notes                                                                                                   |   |                                             | (7,797  | ) |   | (344,605 | ) |
| Proceeds                from the issuance of equity securities                                                                      |   |                                             | --      |   |   | 58,722 |   |
| Purchase                of shares for treasury                                                                                      |   |                                             | (21     | ) |   | -- |   |
| Additional                costs associated with initial public offering                                                             |   |                                             | (63     | ) |   | -- |   |
| Net                cash provided by financing activities                                                                            |   |                                             | 22,106  |   |   | 389,100 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| Increase                in cash                                                                                                     |   |                                             | 4,312   |   |   | 3,361 |   |
| Cash                - beginning of period                                                                                           |   |                                             | 5,334   |   |   | 3,393 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| Cash                - end of period                                                                                                 |   | $                                                | 9,646   |   | $ | 6,754 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| **Supplemental                Cash Flow Information**                                                                               |   |                                             |    |   |   |   |   |
| Fair                value of assets acquired, net of cash acquired                                                                  |   | $                                                | 33,909  |   | $ | 655,537 |   |
| Fair                value of liabilities assumed                                                                                    |   |                                             | (3,354  | ) |   | (229,966 | ) |
| Purchase                price funded with non-cash contributions                                                                    |   |                                             | --      |   |   | (92 | ) |
| Cash                paid to purchase businesses                                                                                     |   | $                                                | 30,555  |   | $ | 425,479 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| Interest                paid                                                                                                        |   | $                                                | 28,206  |   | $ | 24,359 |   |
| Income                taxes paid                                                                                                    |   | $                                                | 1,335   |   | $ | 2,427 |   |

*See      accompanying notes.*

----

**Prestige      Brands Holdings, Inc.**

**Notes      to Consolidated Financial Statements**

| **1.** | **Business                and Basis of Presentation** |
|--------|-------------------------------------------------------|

***        Nature of Business***

***        Basis of Presentation***

***Use      of Estimates***

***Cash      and Cash Equivalents***

***Accounts      Receivable***

***Sales      Returns***

----

***Inventories***

***Property      and Equipment***

|                                  |   | **Years** |
|---------------------------------------|--------|-----------|
| Machinery                             |   | 5         |
| Computer                equipment     |   | 3         |
| Furniture                and fixtures |   | 7         |

***Goodwill***

***Intangible      Assets***

***Deferred      Financing Costs***

***Revenue      Recognition***

----

***Costs      of Sales***

***Advertising      and Promotion Costs***

***Stock-based      Compensation***

***Income      Taxes***

***Derivative      Instruments***

----

***Earnings      Per Share***

***Recently      Issued Accounting Standards***

**2.      **
**Acquisition      of Dental Concepts, LLC**

----

| ***(In                thousands)***                     |   |   |   |
|---------------------------------------------------------|--------|--------|--------|
| Accounts                receivable                      |   | $      | 2,774  |   |
| Inventory                                               |   |   | 1,852  |   |
| Prepaid                expenses and other assets        |   |   | 172    |   |
| Property                and equipment                   |   |   | 174    |   |
| Intangible                assets                        |   |   | 22,395 |   |
| Goodwill                                                |   |   | 3,542  |   |
| Funds                in escrow                          |   |   | 3,000  |   |
| Accounts                payable and accrued liabilities |   |   | (3,354 | ) |
|                                                    |   |   |   |   |
|                                                    |   | $      | 30,555 |   |

|                                                                                                                                    |   | **Three                Months****Ended                December 31** |   | **Nine                Months****Ended                December 31** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
| ***(In                thousands, except per share data)***                                                                              |   | **2005**                                                            |   | **2004**                                                           |   | **2005** |   | **2004** |   |
|                                                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |
| Revenues                                                                                                                                |   | $                                                                   | 81,475 |                                                               | $      | 76,275 |   | $ | 224,697 |   | $ | 227,274 |   |
|                                                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Income                before provision for income taxes                                                                                 |   | $                                                                   | 15,057 |                                                               | $      | 14,188 |   | $ | 36,343 |   | $ | 21,393 |   |
|                                                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Net                income                                                                                                               |   | $                                                                   | 9,242  |                                                               | $      | 9,031 |   | $ | 22,168 |   | $ | 13,203 |   |
|                                                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Cumulative                preferred dividends on Senior Preferred   and                Class B                Preferred Units |   |                                                                | --     |                                                               |   | (3,895 | ) |   | -- |   |   | (11,341 | ) |
|                                                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Net                income available to members and common shareholders                                                                  |   | $                                                                   | 9,242  |                                                               | $      | 5,136 |   | $ | 22,168 |   | $ | 1,862 |   |
|                                                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Basic                earnings per share                                                                                                 |   | $                                                                   | 0.19   |                                                               | $      | 0.21 |   | $ | 0.45 |   | $ | 0.08 |   |
|                                                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Diluted                earnings per share                                                                                               |   | $                                                                   | 0.18   |                                                               | $      | 0.19 |   | $ | 0.44 |   | $ | 0.07 |   |
|                                                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Weighted                average shares outstanding:Basic                                                                                |   |                                                                | 48,929 |                                                               |   | 24,725 |   |   | 48,874 |   |   | 24,617 |   |
| Diluted                                                                                                                                 |   |                                                                | 50,010 |                                                               |   | 26,613 |   |   | 50,007 |   |   | 26,543 |   |

----

**3.** **Accounts      Receivable**

|                                                                                           |   | **December                31, 2005** |   | **March                31,****2005** |   |
|------------------------------------------------------------------------------------------------|--------|--------------------------------------|--------|--------------------------------------|--------|
|                                                                                           |   |                                 |   |                                 |   |
| Accounts                receivable                                                             |   | $                                    | 37,752 |                                 | $      | 36,985 |   |
| Other                receivables                                                               |   |                                 | 1,163  |                                 |   | 835 |   |
|                                                                                           |   |                                 | 38,915 |                                 |   | 37,820 |   |
| Less                allowances for discounts, returns anduncollectible                accounts |   |                                 | (2,904 | )                                    |   | (1,902 | ) |
|                                                                                           |   |                                 |   |                                 |   |   |   |
|                                                                                           |   | $                                    | 36,011 |                                 | $      | 35,918 |   |

**4.** **Inventories**

|                                       |   | **December                31, 2005** |   | **March                31,****2005** |   |
|--------------------------------------------|--------|--------------------------------------|--------|--------------------------------------|--------|
|                                       |   |                                 |   |                                 |   |
| Packaging                and raw materials |   | $                                    | 3,970  |                                 | $      | 3,587 |   |
| Finished                goods              |   |                                 | 29,712 |                                 |   | 21,246 |   |
|                                       |   |                                 |   |                                 |   |   |   |
|                                       |   | $                                    | 33,682 |                                 | $      | 24,833 |   |

**5.** **Property      and Equipment**

|                                    |   | **December                31, 2005** |   | **March                31,****2005** |   |
|-----------------------------------------|--------|--------------------------------------|--------|--------------------------------------|--------|
|                                    |   |                                 |   |                                 |   |
| Machinery                               |   | $                                    | 3,338  |                                 | $      | 3,099 |   |
| Computer                equipment       |   |                                 | 928    |                                 |   | 771 |   |
| Furniture                and fixtures   |   |                                 | 303    |                                 |   | 244 |   |
| Leasehold                improvements   |   |                                 | 340    |                                 |   | 173 |   |
|                                    |   |                                 | 4,909  |                                 |   | 4,287 |   |
|                                    |   |                                 |   |                                 |   |   |   |
| Accumulated                depreciation |   |                                 | (3,456 | )                                    |   | (1,963 | ) |
|                                    |   |                                 |   |                                 |   |   |   |
|                                    |   | $                                    | 1,453  |                                 | $      | 2,324 |   |

----

**6.**
**Goodwill**

|                                                                                                      |   |   |    |
|-----------------------------------------------------------------------------------------------------------|--------|--------|---------|
| Balance                - March 31, 2005                                                                   |   | $      | 294,731 |   |
|                                                                                                      |   |   |    |   |
| Goodwill                acquired in connection with theacquisition                of Dental Concepts, LLC |   |   | 3,542   |   |
|                                                                                                      |   |   |    |   |
| Balance                - December 31, 2005                                                                |   | $      | 298,273 |   |

----

**7.**
**Intangible      Assets**

|                                         |   | **December                31, 2005** |    |
|----------------------------------------------|--------|--------------------------------------|---------|
|                                         |   | **Gross**                            |    |   |   | **Accumulated** |   | **Net** |   |
|                                         |   | **Amount**                           |    | **Additions** |   | **Amortization** |   | **Amount** |   |
|                                         |   |                                 |    |   |   |   |   |   |   |
| Indefinite                lived trademarks   |   | $                                    | 522,346 |   | $ | 22,585 |   | $ | -- |   | $ | 544,931 |   |
|                                         |   |                                 |    |   |   |   |   |   |   |   |   |   |   |
| Amortizable                intangible assets |   |                                 |    |   |   |   |   |   |   |   |   |   |   |
| Trademarks                                   |   |                                 | 94,900  |   |   | 22,395 |   |   | (15,359 | ) |   | 101,936 |   |
| Non-compete                agreement         |   |                                 | 158     |   |   | 38 |   |   | (42 | ) |   | 154 |   |
|                                         |   |                                 | 95,058  |   |   | 22,433 |   |   | (15,401 | ) |   | 102,090 |   |
|                                         |   |                                 |    |   |   |   |   |   |   |   |   |   |   |
|                                         |   | $                                    | 617,404 |   | $ | 45,018 |   | $ | (15,401 | ) | $ | 647,021 |   |

|                                         |   | **March                31, 2005** |    |
|----------------------------------------------|--------|-----------------------------------|---------|
|                                         |   | **Gross**                         |    |   |   | **Accumulated** |   | **Net** |   |
|                                         |   | **Amount**                        |    | **Additions** |   | **Amortization** |   | **Amount** |   |
|                                         |   |                              |    |   |   |   |   |   |   |
| Indefinite                lived trademarks   |   | $                                 | 522,346 |   | $ | -- |   | $ | -- |   | $ | 522,346 |   |
|                                         |   |                              |    |   |   |   |   |   |   |   |   |   |   |
| Amortizable                intangible assets |   |                              |    |   |   |   |   |   |   |   |   |   |   |
| Trademarks                                   |   |                              | 94,900  |   |   |   |   |   | (8,775 | ) |   | 86,125 |   |
| Non-compete                agreement         |   |                              | 158     |   |   |   |   |   | (16 | ) |   | 142 |   |
|                                         |   |                              | 95,058  |   |   | -- |   |   | (8,791 | ) |   | 86,267 |   |
|                                         |   |                              |    |   |   |   |   |   |   |   |   |   |   |
|                                         |   | $                                 | 617,404 |   | $ | -- |   | $ | (8,791 | ) | $ | 608,613 |   |

| **Twelve                Months Ending December 31** |   |   |    |
|-----------------------------------------------------|--------|--------|---------|
| 2006                                                |   | $      | 10,061  |   |
| 2007                                                |   |   | 10,061  |   |
| 2008                                                |   |   | 10,061  |   |
| 2009                                                |   |   | 9,013   |   |
| 2010                                                |   |   | 8,665   |   |
| Thereafter                                          |   |   | 54,229  |   |
|                                                |   |   |    |   |
|                                                |   | $      | 102,090 |   |

----

**8.**
**Long-Term      Debt**

| Long-term                debt consists of the following (in thousands):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | **December                31,****2005** |    | **March                31,****2005** |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|---------|--------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                    |    |                                 |   |
| Senior                revolving credit facility (“Revolving Credit Facility”), which expires on                April 6, 2009, is available for maximum borrowings of up to $60.0                million.                The Revolving Credit Facility bears interest at the Company’s option at                either the prime rate plus a variable margin or LIBOR plus a variable                margin. The variable margin ranges from 0.75% to 2.50% and at December                31,                2005, the interest rate on the Revolving Credit Facility was 8.75%                per                annum. The Company is also required to pay a variable commitment                fee on                the unused portion of the Revolving Credit Facility. At December                31, 2005,                the commitment fee was 0.50% of the unused line. The Revolving Credit                Facility is collateralized by substantially all of the Company’s                assets.                                                                                                                                                  |   | $                                       | 25,000  |                                 | $      | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                    |    |                                 |   |   |   |
| Senior                secured term loan facility, (“Tranche B Term Loan Facility”) that bears                interest at the Company’s option at either the prime rate or LIBOR plus a                variable margin of 2.25%. At December                31,                2005, the weighted average applicable interest rate on the Tranche                B Term                Loan Facility was 6.34%. Principal payments of $933 and interest                are                payable quarterly. In February 2005, the Tranche B Term Loan Facility                was                amended to increase the amount available thereunder by $200.0 million,                all                of which is available at December                31,                2005. Current amounts outstanding under the Tranche B Term Loan Facility                mature on April 6, 2011, while amounts borrowed pursuant to the amendment                will mature on October 6, 2011. The                Tranche B Term Loan Facility is collateralized by substantially all                of the                Company’s assets.                   |   |                                    | 366,563 |                                 |   | 369,360 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                    |    |                                 |   |   |   |
| Senior                Subordinated Notes (“Senior Notes”) that bear interest at 9.25% which is                payable on April 15th                and October 15th                of                each year. The Senior Notes mature on April 15, 2012; however, the                Company                may redeem some or all of the Senior Notes on or prior to April 15,                2008                at a redemption price equal to 100%, plus a make-whole premium, and                on or                after April 15, 2008 at redemption prices set forth in the indenture                governing the Senior Notes. The Senior Notes are unconditionally                guaranteed by Prestige Brands International, LLC (“Prestige                International”), a wholly owned subsidiary, and Prestige International’s                wholly owned subsidiaries (other than the issuer). Each of these                guarantees is joint and several. There are no significant restrictions                on                the ability of any of the guarantors to obtain funds from their                subsidiaries. |   |                                    | 126,000 |                                 |   | 126,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                    |    |                                 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                    | 517,563 |                                 |   | 495,360 |   |
| Current                portion of long-term debt                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                    | (3,730  | )                                    |   | (3,730 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                    |    |                                 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | $                                       | 513,833 |                                 | $      | 491,630 |   |

----

| **Twelve                Months Ending December 31** |   |   |    |
|-----------------------------------------------------|--------|--------|---------|
| 2006                                                |   | $      | 3,730   |   |
| 2007                                                |   |   | 3,730   |   |
| 2008                                                |   |   | 3,730   |   |
| 2009                                                |   |   | 28,730  |   |
| 2010                                                |   |   | 3,730   |   |
| Thereafter                                          |   |   | 473,913 |   |
|                                                |   |   |    |   |
|                                                |   | $      | 517,563 |   |

**9.**
**Shareholders’      Equity**

----

**10.**
**Earnings      Per Share**

|                                                                                                               |   | **Three                Months Ended****December                31** |   | **Nine                Months Ended****December                31** |   |
|--------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
|                                                                                                               |   | **2005**                                                            |   | **2004**                                                           |   | **2005** |   | **2004** |   |
| **Numerator**                                                                                                      |   |                                                                |   |                                                               |   |   |   |   |   |
| Net                income (loss) available to members and common shareholders                                      |   | $                                                                   | 9,345  |                                                               | $      | 5,232 |   | $ | 22,648 |   | $ | 596 |   |
|                                                                                                               |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| **Denominator**                                                                                                    |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Denominator                for basic earnings per share - weighted average shares                                  |   |                                                                | 48,929 |                                                               |   | 24,725 |   |   | 48,874 |   |   | 24,617 |   |
|                                                                                                               |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Dilutive                effect of unvested restricted common stock issued to employee and                directors |   |                                                                | 1,081  |                                                               |   | 1,888 |   |   | 1,133 |   |   | 1,926 |   |
|                                                                                                               |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Denominator                for diluted earnings per share                                                          |   |                                                                | 50,010 |                                                               |   | 26,613 |   |   | 50,007 |   |   | 26,543 |   |
|                                                                                                               |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| **Earnings                per Common Share:**                                                                      |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Basic                                                                                                              |   | $                                                                   | 0.19   |                                                               | $      | 0.21 |   | $ | 0.46 |   | $ | 0.02 |   |
|                                                                                                               |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Diluted                                                                                                            |   | $                                                                   | 0.19   |                                                               | $      | 0.20 |   | $ | 0.45 |   | $ | 0.02 |   |

**11.**
**Related      Party Transactions**

----

**12.**
**Income      Taxes**

**13.** **Commitments      and Contingencies**

----

**14.** **Concentrations      of Risk**

**15.**
**Business      Segments**

----

|                                      |   | **Quarter                Ended December 31, 2005** |   |
|-------------------------------------------|--------|----------------------------------------------------|--------|
|                                      |   | **Over-the-Counter**                               |   |  **Personal** |   |  **Household** |   |   |   |
|                                      |   | **Drug**                                           |   | **Care** |   | **Cleaning** |   | **Consolidated** |   |
|                                      |   |                                               |   |   |   |   |   |   |   |
| Net                sales                  |   | $                                                  | 42,051 |   | $ | 7,007 |   | $ | 30,771 |   | $ | 79,829 |   |
| Other                revenues             |   |                                               | --     |   |   | -- |   |   | 27 |   |   | 27 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Total                revenues             |   |                                               | 42,051 |   |   | 7,007 |   |   | 30,798 |   |   | 79,856 |   |
| Cost                of sales              |   |                                               | 15,821 |   |   | 3,954 |   |   | 18,951 |   |   | 38,726 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Gross                profit               |   |                                               | 26,230 |   |   | 3,053 |   |   | 11,847 |   |   | 41,130 |   |
| Advertising                and promotion  |   |                                               | 4,926  |   |   | 724 |   |   | 1,735 |   |   | 7,385 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Contribution                margin        |   | $                                                  | 21,304 |   | $ | 2,329 |   | $ | 10,112 |   |   | 33,745 |   |
| Other                operating expenses   |   |                                               |   |   |   |   |   |   |   |   |   | 8,993 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Operating                income           |   |                                               |   |   |   |   |   |   |   |   |   | 24,752 |   |
| Other                income (expense)     |   |                                               |   |   |   |   |   |   |   |   |   | (9,526 | ) |
| Provision                for income taxes |   |                                               |   |   |   |   |   |   |   |   |   | (5,881 | ) |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Net                income                 |   |                                               |   |   |   |   |   |   |   |   | $ | 9,345 |   |

----

|                                      |   | **Nine                Months Ended December 31, 2005** |    |
|-------------------------------------------|--------|--------------------------------------------------------|---------|
|                                      |   | **Over-the-Counter**                                   |    |  **Personal** |   |  **Household** |   |   |   |
|                                      |   | **Drug**                                               |    | **Care** |   | **Cleaning** |   | **Consolidated** |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |
| Net                sales                  |   | $                                                      | 116,199 |   | $ | 21,595 |   | $ | 78,783 |   | $ | 216,577 |   |
| Other                revenues             |   |                                                   | --      |   |   | -- |   |   | 77 |   |   | 77 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Total                revenues             |   |                                                   | 116,199 |   |   | 21,595 |   |   | 78,860 |   |   | 216,654 |   |
| Cost                of sales              |   |                                                   | 43,044  |   |   | 12,307 |   |   | 47,873 |   |   | 103,224 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Gross                profit               |   |                                                   | 73,155  |   |   | 9,288 |   |   | 30,987 |   |   | 113,430 |   |
| Advertising                and promotion  |   |                                                   | 18,192  |   |   | 2,870 |   |   | 5,245 |   |   | 26,307 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Contribution                margin        |   | $                                                      | 54,963  |   | $ | 6,418 |   | $ | 25,742 |   |   | 87,123 |   |
| Other                operating expenses   |   |                                                   |    |   |   |   |   |   |   |   |   | 23,287 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Operating                income           |   |                                                   |    |   |   |   |   |   |   |   |   | 63,836 |   |
| Other                income (expense)     |   |                                                   |    |   |   |   |   |   |   |   |   | (26,707 | ) |
| Provision                for income taxes |   |                                                   |    |   |   |   |   |   |   |   |   | (14,481 | ) |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Net                income                 |   |                                                   |    |   |   |   |   |   |   |   | $ | 22,648 |   |

|                                      |   | **Quarter                Ended December 31, 2004** |   |
|-------------------------------------------|--------|----------------------------------------------------|--------|
|                                      |   | **Over-the-Counter**                               |   |  **Personal** |   |  **Household** |   |   |   |
|                                      |   | **Drug**                                           |   | **Care** |   | **Cleaning** |   | **Consolidated** |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Net                sales                  |   | $                                                  | 40,964 |   | $ | 7,612 |   | $ | 24,442 |   | $ | 73,018 |   |
| Other                revenues             |   |                                               | --     |   |   | -- |   |   | 25 |   |   | 25 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Total                revenues             |   |                                               | 40,964 |   |   | 7,612 |   |   | 24,467 |   |   | 73,043 |   |
| Cost                of sales              |   |                                               | 14,545 |   |   | 3,681 |   |   | 15,015 |   |   | 33,241 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Gross                profit               |   |                                               | 26,419 |   |   | 3,931 |   |   | 9,452 |   |   | 39,802 |   |
| Advertising                and promotion  |   |                                               | 3,357  |   |   | 797 |   |   | 1,014 |   |   | 5,168 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Contribution                margin        |   | $                                                  | 23,062 |   | $ | 3,134 |   | $ | 8,438 |   |   | 34,634 |   |
| Other                operating expenses   |   |                                               |   |   |   |   |   |   |   |   |   | 8,295 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Operating                income           |   |                                               |   |   |   |   |   |   |   |   |   | 26,339 |   |
| Other                income (expense)     |   |                                               |   |   |   |   |   |   |   |   |   | (11,994 | ) |
| Provision                for income taxes |   |                                               |   |   |   |   |   |   |   |   |   | (5,218 | ) |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Net                Income                 |   |                                               |   |   |   |   |   |   |   |   | $ | 9,127 |   |

----

|                                      |   | **Nine                Months Ended December 31, 2004** |    |
|-------------------------------------------|--------|--------------------------------------------------------|---------|
|                                      |   | **Over-the-Counter**                                   |    |  **Personal** |   |  **Household** |   |   |   |
|                                      |   | **Drug**                                               |    | **Care** |   | **Cleaning** |   | **Consolidated** |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |
| Net                sales                  |   | $                                                      | 113,067 |   | $ | 24,593 |   | $ | 73,970 |   | $ | 211,630 |   |
| Other                revenues             |   |                                                   | --      |   |   | -- |   |   | 126 |   |   | 126 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Total                revenues             |   |                                                   | 113,067 |   |   | 24,593 |   |   | 74,096 |   |   | 211,756 |   |
| Cost                of sales              |   |                                                   | 44,075  |   |   | 12,800 |   |   | 47,445 |   |   | 104,320 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Gross                profit               |   |                                                   | 68,992  |   |   | 11,793 |   |   | 26,651 |   |   | 107,436 |   |
| Advertising                and promotion  |   |                                                   | 15,709  |   |   | 4,213 |   |   | 4,480 |   |   | 24,402 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Contribution                margin        |   | $                                                      | 53,283  |   | $ | 7,580 |   | $ | 22,171 |   |   | 83,034 |   |
| Other                operating expenses   |   |                                                   |    |   |   |   |   |   |   |   |   | 22,261 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Operating                income           |   |                                                   |    |   |   |   |   |   |   |   |   | 60,773 |   |
| Other                income (expense)     |   |                                                   |    |   |   |   |   |   |   |   |   | (41,444 | ) |
| Provision                for income taxes |   |                                                   |    |   |   |   |   |   |   |   |   | (7,392 | ) |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Net                income                 |   |                                                   |    |   |   |   |   |   |   |   | $ | 11,937 |   |

----

**Prestige      Brands International, LLC**

**Consolidated      Balance Sheets**

***(Unaudited***
**)**

***(In      thousands)***

|                                                       |   | **December                31, 2005** |      | **March                31, 2005** |   |
|------------------------------------------------------------|--------|--------------------------------------|-----------|-----------------------------------|--------|
| **Assets**                                                 |   |                                 |      |                              |   |
| Current                assets                              |   |                                 |      |                              |   |
| Cash                                                       |   | $                                    | 9,646     |                              | $      | 5,334 |   |
| Accounts                receivable                         |   |                                 | 36,011    |                              |   | 35,918 |   |
| Inventories                                                |   |                                 | 33,682    |                              |   | 24,833 |   |
| Deferred                income tax assets                  |   |                                 | 7,195     |                              |   | 5,699 |   |
| Prepaid                expenses and other current assets   |   |                                 | 3,049     |                              |   | 3,152 |   |
| Funds                in escrow                             |   |                                 | 3,000     |                              |   | -- |   |
| Total                current assets                        |   |                                 | 92,583    |                              |   | 74,936 |   |
|                                                       |   |                                 |      |                              |   |   |   |
| Property                and equipment                      |   |                                 | 1,453     |                              |   | 2,324 |   |
| Goodwill                                                   |   |                                 | 298,273   |                              |   | 294,731 |   |
| Intangible                assets                           |   |                                 | 647,021   |                              |   | 608,613 |   |
| Other                long-term assets                      |   |                                 | 14,502    |                              |   | 15,996 |   |
|                                                       |   |                                 |      |                              |   |   |   |
| Total                Assets                                |   | $                                    | 1,053,832 |                              | $      | 996,600 |   |
|                                                       |   |                                 |      |                              |   |   |   |
| **Liabilities                and Members’ Equity**   |   |                                 |      |                              |   |   |   |
| Current                liabilities                         |   |                                 |      |                              |   |   |   |
| Accounts                payable                            |   | $                                    | 20,553    |                              | $      | 21,705 |   |
| Accrued                liabilities                         |   |                                 | 11,715    |                              |   | 11,589 |   |
| Current                portion of long-term debt           |   |                                 | 3,730     |                              |   | 3,730 |   |
| Total                current liabilities                   |   |                                 | 35,998    |                              |   | 37,024 |   |
|                                                       |   |                                 |      |                              |   |   |   |
| Long-term                debt                              |   |                                 | 513,833   |                              |   | 491,630 |   |
| Deferred                income tax liabilities             |   |                                 | 98,872    |                              |   | 85,899 |   |
|                                                       |   |                                 |      |                              |   |   |   |
| Total                liabilities                           |   |                                 | 648,703   |                              |   | 614,553 |   |
|                                                       |   |                                 |      |                              |   |   |   |
| **Commitments                and Contingencies - Note 12** |   |                                 |      |                              |   |   |   |
|                                                       |   |                                 |      |                              |   |   |   |
| **Members’                Equity**                   |   |                                 |      |                              |   |   |   |
| Contributed                capital - Prestige Holdings     |   |                                 | 370,423   |                              |   | 370,277 |   |
| Accumulated                other comprehensive income      |   |                                 | 608       |                              |   | 320 |   |
| Retained                earnings                           |   |                                 | 34,098    |                              |   | 11,450 |   |
| Total                members’ equity                 |   |                                 | 405,129   |                              |   | 382,047 |   |
|                                                       |   |                                 |      |                              |   |   |   |
| Total                liabilities and members’ equity |   | $                                    | 1,053,832 |                              | $      | 996,600 |   |

*See      accompanying notes.*

----

**Prestige      Brands International, LLC**

**Consolidated      Statements of Operations**

***(Unaudited)***

|                                                                  |   | **Three                Months****Ended                December 31** |   | **Nine                Months****Ended                December 31** |   |
|-----------------------------------------------------------------------|--------|---------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
| ***(In                thousands)***                                   |   | **2005**                                                            |   | **2004**                                                           |   | **2005** |   | **2004** |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |
| **Revenues**                                                          |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Net                sales                                              |   | $                                                                   | 79,829 |                                                               | $      | 73,018 |   | $ | 216,577 |   | $ | 211,630 |   |
| Other                revenues                                         |   |                                                                | 27     |                                                               |   | 25 |   |   | 77 |   |   | 126 |   |
| Total                revenues                                         |   |                                                                | 79,856 |                                                               |   | 73,043 |   |   | 216,654 |   |   | 211,756 |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| **Cost                of Sales**                                      |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Cost                of sales                                          |   |                                                                | 38,726 |                                                               |   | 33,241 |   |   | 103,224 |   |   | 104,320 |   |
| Gross                profit                                           |   |                                                                | 41,130 |                                                               |   | 39,802 |   |   | 113,430 |   |   | 107,436 |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| **Operating                Expenses**                                 |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Advertising                and promotion                              |   |                                                                | 7,385  |                                                               |   | 5,168 |   |   | 26,307 |   |   | 24,402 |   |
| General                and administrative                             |   |                                                                | 6,159  |                                                               |   | 5,690 |   |   | 15,182 |   |   | 15,113 |   |
| Depreciation                                                          |   |                                                                | 520    |                                                               |   | 457 |   |   | 1,495 |   |   | 1,395 |   |
| Amortization                of intangible assets                      |   |                                                                | 2,314  |                                                               |   | 2,148 |   |   | 6,610 |   |   | 5,753 |   |
| Total                operating expenses                               |   |                                                                | 16,378 |                                                               |   | 13,463 |   |   | 49,594 |   |   | 46,663 |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Operating                income                                       |   |                                                                | 24,752 |                                                               |   | 26,339 |   |   | 63,836 |   |   | 60,773 |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| **Other                income (expense)**                             |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Interest                income                                        |   |                                                                | 144    |                                                               |   | 48 |   |   | 451 |   |   | 135 |   |
| Interest                expense                                       |   |                                                                | (9,670 | )                                                                  |   | (12,042 | ) |   | (27,158 | ) |   | (34,012 | ) |
| Loss                on extinguishment of debt                         |   |                                                                | --     |                                                               |   | -- |   |   | -- |   |   | (7,567 | ) |
| Total                other income (expense)                           |   |                                                                | (9,526 | )                                                                  |   | (11,994 | ) |   | (26,707 | ) |   | (41,444 | ) |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Income                before provision forincome                taxes |   |                                                                | 15,226 |                                                               |   | 14,345 |   |   | 37,129 |   |   | 19,329 |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Provision                for income taxes                             |   |                                                                | 5,881  |                                                               |   | 5,218 |   |   | 14,481 |   |   | 7,392 |   |
| Net                income                                             |   | $                                                                   | 9,345  |                                                               | $      | 9,127 |   | $ | 22,648 |   | $ | 11,937 |   |

*See      accompanying notes.*

----

**Prestige      Brands International, LLC**

**Consolidated      Statement of Changes in Members’ Equity**

**and      Comprehensive Income**

**Nine      Months Ended December 31, 2005**

***(Unaudited)***

|                                                                                                                                          |   | **Contributed****Capital****Prestige****Holdings** |    |  **Accumulated****Other****Comprehensive****Income** |   |   **Retained****Earnings** |   |    **Totals** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------|---------|-----------------------------------------------------------|--------|--------------------------------------|--------|------------------------------|--------|
| ***(In                thousands)***                                                                                                           |   |                                               |    |                                                      |   |                                 |   |                         |   |   |   |   |   |
| Balances                - March 31, 2005                                                                                                      |   | $                                                  | 370,277 |                                                      | $      | 320                                  |   | $                            | 11,450 |   | $ | 382,047 |   |
|                                                                                                                                          |   |                                               |    |                                                      |   |                                 |   |                         |   |   |   |   |   |
| Additional                costs associated with capital contributions   from                Prestige Brands                Holdings |   |                                               | (63     | )                                                         |   |                                 |   |                         |   |   |   | (63 | ) |
|                                                                                                                                          |   |                                               |    |                                                      |   |                                 |   |                         |   |   |   |   |   |
| Capital                contributions from Prestige Brands Holdings in connection with                compensation of officers and directors   |   |                                               | 230     |                                                      |   |                                 |   |                         |   |   |   | 230 |   |
|                                                                                                                                          |   |                                               |    |                                                      |   |                                 |   |                         |   |   |   |   |   |
| Repurchase                of equity units                                                                                                     |   |                                               | (21     | )                                                         |   |                                 |   |                         |   |   |   | (21 | ) |
|                                                                                                                                          |   |                                               |    |                                                      |   |                                 |   |                         |   |   |   |   |   |
| Components                of comprehensive income                                                                                             |   |                                               |    |                                                      |   |                                 |   |                         |   |   |   |   |   |
| Net                income for the period                                                                                                      |   |                                               |    |                                                      |   |                                 |   |                         | 22,648 |   |   | 22,648 |   |
| Unrealized                loss on interest rate cap, net of tax benefit of $116                                                               |   |                                               |    |                                                      |   | 288                                  |   |                         |   |   |   | 288 |   |
| Total                comprehensive income                                                                                                     |   |                                               |    |                                                      |   |                                 |   |                         |   |   |   | 22,936 |   |
|                                                                                                                                          |   |                                               |    |                                                      |   |                                 |   |                         |   |   |   |   |   |
| Balances                - December 31, 2005                                                                                                   |   | $                                                  | 370,423 |                                                      | $      | 608                                  |   | $                            | 34,098 |   | $ | 405,129 |   |

*See      accompanying notes.*

----

**Prestige      Brands International, LLC**

**Consolidated      Statements of Cash Flows**

***(Unaudited)***

| ***(In                thousands)***                                                                                                 |   | **Nine                Months Ended December 31** |    |
|-------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|---------|
|                                                                                                                                |   | **2005**                                         |    | **2004** |   |
| **Operating                Activities**                                                                                             |   |                                             |    |   |   |
| Net                income                                                                                                           |   | $                                                | 22,648  |   | $ | 11,937 |   |
| Adjustments                to reconcile net income to net cash provided by operating                activities:                     |   |                                             |    |   |   |   |   |
| Depreciation                and amortization                                                                                        |   |                                             | 8,105   |   |   | 7,148 |   |
| Deferred                income taxes                                                                                                |   |                                             | 11,543  |   |   | 12,749 |   |
| Amortization                of deferred financing costs                                                                             |   |                                             | 1,727   |   |   | 2,290 |   |
| Stock-based                compensation                                                                                             |   |                                             | 230     |   |   | -- |   |
| Loss                on extinguishment of debt                                                                                       |   |                                             | --      |   |   | 7,567 |   |
| Changes                in operating assets and liabilities, net of effects of purchases                of                businesses |   |                                             |    |   |   |   |   |
| Accounts                receivable                                                                                                  |   |                                             | 2,681   |   |   | 520 |   |
| Inventories                                                                                                                         |   |                                             | (6,997  | ) |   | 4,470 |   |
| Prepaid                expenses and other assets                                                                                    |   |                                             | 271     |   |   | (914 | ) |
| Accounts                payable                                                                                                     |   |                                             | (3,549  | ) |   | 1,160 |   |
| Account                payable - related parties                                                                                    |   |                                             | --      |   |   | 1,000 |   |
| Accrued                expenses                                                                                                     |   |                                             | (823    | ) |   | (7,989 | ) |
| Net                cash provided by operating activities                                                                            |   |                                             | 35,836  |   |   | 39,938 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| **Investing                Activities**                                                                                             |   |                                             |    |   |   |   |   |
| Purchases                of equipment                                                                                               |   |                                             | (452    | ) |   | (198 | ) |
| Purchases                of intangibles                                                                                             |   |                                             | (22,623 | ) |   | -- |   |
| Purchases                of businesses, net of cash acquired                                                                        |   |                                             | (30,555 | ) |   | (425,479 | ) |
| Net                cash used for investing activities                                                                               |   |                                             | (53,630 | ) |   | (425,677 | ) |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| **Financing                Activities**                                                                                             |   |                                             |    |   |   |   |   |
| Proceeds                from the issuance of notes                                                                                  |   |                                             | 30,000  |   |   | 698,512 |   |
| Payment                of deferred financing costs                                                                                  |   |                                             | (13     | ) |   | (23,529 | ) |
| Repayment                of notes                                                                                                   |   |                                             | (7,797  | ) |   | (344,605 | ) |
| Proceeds                from the issuance of equity securities                                                                      |   |                                             | --      |   |   | 58,722 |   |
| Purchase                of shares for treasury                                                                                      |   |                                             | (21     | ) |   | -- |   |
| Additional                costs associated with initial public offering                                                             |   |                                             | (63     | ) |   | -- |   |
| Net                cash provided by financing activities                                                                            |   |                                             | 22,106  |   |   | 389,100 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| Increase                in cash                                                                                                     |   |                                             | 4,312   |   |   | 3,361 |   |
| Cash                - beginning of period                                                                                           |   |                                             | 5,334   |   |   | 3,393 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| Cash                - end of period                                                                                                 |   | $                                                | 9,646   |   | $ | 6,754 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| **Supplemental                Cash Flow Information**                                                                               |   |                                             |    |   |   |   |   |
| Fair                value of assets acquired, net of cash acquired                                                                  |   | $                                                | 33,909  |   | $ | 655,537 |   |
| Fair                value of liabilities assumed                                                                                    |   |                                             | (3,354  | ) |   | (229,966 | ) |
| Purchase                price funded with non-cash contributions                                                                    |   |                                             | --      |   |   | (92 | ) |
| Cash                paid to purchase businesses                                                                                     |   | $                                                | 30,555  |   | $ | 425,479 |   |
|                                                                                                                                |   |                                             |    |   |   |   |   |
| Interest                paid                                                                                                        |   | $                                                | 28,206  |   | $ | 24,359 |   |
| Income                taxes paid                                                                                                    |   | $                                                | 1,335   |   | $ | 2,427 |   |

*See      accompanying notes.*

----

**Prestige      Brands International, LLC**

**Notes      to Consolidated Financial Statements**

| **1.** | **Business                and Basis of Presentation** |
|--------|-------------------------------------------------------|

***        Nature of Business***

***        Basis of Presentation***

***Use      of Estimates***

***Cash      and Cash Equivalents***

***Accounts      Receivable***

----

***Sales      Returns***

***Inventories***

***Property      and Equipment***

|                                  |   | **Years** |
|---------------------------------------|--------|-----------|
| Machinery                             |   | 5         |
| Computer                equipment     |   | 3         |
| Furniture                and fixtures |   | 7         |

***Goodwill***

***Intangible      Assets***

***Deferred      Financing Costs***

***Revenue      Recognition***

----

***Costs      of Sales***

***Advertising      and Promotion Costs***

***Stock-based      Compensation***

***Income      Taxes***

***Derivative      Instruments***

----

***Recently      Issued Accounting Standards***

**2.      **
**Acquisition      of Dental Concepts, LLC**

----

| ***(In                thousands)***                     |   |                                                                                             |   |
|---------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------|--------|
| Accounts                receivable                      |   | $               2,774 |   |
| Inventory                                               |   |                                                                                             | 1,852  |   |
| Prepaid                expenses and other assets        |   |                                                                                             | 172    |   |
| Property                and equipment                   |   |                                                                                             | 174    |   |
| Intangible                assets                        |   |                                                                                             | 22,395 |   |
| Goodwill                                                |   |                                                                                             | 3,542  |   |
| Funds                in escrow                          |   |                                                                                             | 3,000  |   |
| Accounts                payable and accrued liabilities |   |                                                                                             | (3,354 | ) |
|                                                    |   |                                                                                             |   |   |
|                                                    |   | $                                                                                                | 30,555 |   |

|                                                                  |   | **Three                Months****Ended                December 31** |   | **Nine                Months****Ended                December 31** |   |
|-----------------------------------------------------------------------|--------|---------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
| ***(In                thousands)***                                   |   | **2005**                                                            |   | **2004**                                                           |   | **2005** |   | **2004** |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Revenues                                                              |   | $                                                                   | 81,475 |                                                               | $      | 76,275 |   | $ | 224,697 |   | $ | 227,274 |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Income                before provision forincome                taxes |   | $                                                                   | 15,057 |                                                               | $      | 14,188 |   | $ | 36,343 |   | $ | 21,393 |   |
|                                                                  |   |                                                                |   |                                                               |   |   |   |   |   |   |   |   |   |
| Net                income                                             |   | $                                                                   | 9,242  |                                                               | $      | 9,031 |   | $ | 22,168 |   | $ | 13,203 |   |

**3.**
**Accounts      Receivable**

|                                                                                           |   | **December                31, 2005** |         | **March                31,****2005** |   |
|------------------------------------------------------------------------------------------------|--------|--------------------------------------|--------------|--------------------------------------|--------|
|                                                                                           |   |                                 |         |                                 |   |
| Accounts                receivable                                                             |   |  $                              | 37,752  |                                 | $      | 36,985 |   |
| Other                receivables                                                               |   |                                 | 1,163        |                                 |   | 835 |   |
|                                                                                           |   |                                 | 38,915       |                                 |   | 37,820 |   |
| Less                allowances for discounts, returns anduncollectible                accounts |   |                                 | (2,904       | )                                    |   | (1,902 | ) |
|                                                                                           |   |                                 |         |                                 |   |   |   |
|                                                                                           |   | $                                    | 36,011       |                                 | $      | 35,918 |   |

----

**4.**
**Inventories**

|                                       |   | **December                31, 2005** |   | **March                31,****2005** |   |
|--------------------------------------------|--------|--------------------------------------|--------|--------------------------------------|--------|
|                                       |   |                                 |   |                                 |   |
| Packaging                and raw materials |   | $                                    | 3,970  |                                 | $      | 3,587 |   |
| Finished                goods              |   |                                 | 29,712 |                                 |   | 21,246 |   |
|                                       |   |                                 |   |                                 |   |   |   |
|                                       |   | $                                    | 33,682 |                                 | $      | 24,833 |   |

**5.**
**Property      and Equipment**

|                                    |   | **December                31, 2005** |   | **March                31,****2005** |   |
|-----------------------------------------|--------|--------------------------------------|--------|--------------------------------------|--------|
|                                    |   |                                 |   |                                 |   |
| Machinery                               |   | $                                    | 3,338  |                                 | $      | 3,099 |   |
| Computer                equipment       |   |                                 | 928    |                                 |   | 771 |   |
| Furniture                and fixtures   |   |                                 | 303    |                                 |   | 244 |   |
| Leasehold                improvements   |   |                                 | 340    |                                 |   | 173 |   |
|                                    |   |                                 | 4,909  |                                 |   | 4,287 |   |
|                                    |   |                                 |   |                                 |   |   |   |
| Accumulated                depreciation |   |                                 | (3,456 | )                                    |   | (1,963 | ) |
|                                    |   |                                 |   |                                 |   |   |   |
|                                    |   | $                                    | 1,453  |                                 | $      | 2,324 |   |

**6.**
**Goodwill**

|                                                                                                      |   |   |    |
|-----------------------------------------------------------------------------------------------------------|--------|--------|---------|
| Balance                - March 31, 2005                                                                   |   | $      | 294,731 |   |
|                                                                                                      |   |   |    |   |
| Goodwill                acquired in connection with theacquisition                of Dental Concepts, LLC |   |   | 3,542   |   |
|                                                                                                      |   |   |    |   |
| Balance                - December 31, 2005                                                                |   | $      | 298,273 |   |

----

**7.**
**Intangible      Assets**

|                                         |   | **December                31, 2005** |    |
|----------------------------------------------|--------|--------------------------------------|---------|
|                                         |   | **Gross**                            |    |   |   | **Accumulated** |   | **Net** |   |
|                                         |   | **Amount**                           |    | **Additions** |   | **Amortization** |   | **Amount** |   |
|                                         |   |                                 |    |   |   |   |   |   |   |
| Indefinite                lived trademarks   |   | $                                    | 522,346 |   | $ | 22,585 |   | $ | -- |   | $ | 544,931 |   |
|                                         |   |                                 |    |   |   |   |   |   |   |   |   |   |   |
| Amortizable                intangible assets |   |                                 |    |   |   |   |   |   |   |   |   |   |   |
| Trademarks                                   |   |                                 | 94,900  |   |   | 22,395 |   |   | (15,359 | ) |   | 101,936 |   |
| Non-compete                agreement         |   |                                 | 158     |   |   | 38 |   |   | (42 | ) |   | 154 |   |
|                                         |   |                                 | 95,058  |   |   | 22,433 |   |   | (15,401 | ) |   | 102,090 |   |
|                                         |   |                                 |    |   |   |   |   |   |   |   |   |   |   |
|                                         |   | $                                    | 617,404 |   | $ | 45,018 |   | $ | (15,401 | ) | $ | 647,021 |   |

|                                         |   | **March                31, 2005** |    |
|----------------------------------------------|--------|-----------------------------------|---------|
|                                         |   | **Gross**                         |    |   |   | **Accumulated** |   | **Net** |   |
|                                         |   | **Amount**                        |    | **Additions** |   | **Amortization** |   | **Amount** |   |
|                                         |   |                              |    |   |   |   |   |   |   |
| Indefinite                lived trademarks   |   | $                                 | 522,346 |   | $ | -- |   | $ | -- |   | $ | 522,346 |   |
|                                         |   |                              |    |   |   |   |   |   |   |   |   |   |   |
| Amortizable                intangible assets |   |                              |    |   |   |   |   |   |   |   |   |   |   |
| Trademarks                                   |   |                              | 94,900  |   |   |   |   |   | (8,775 | ) |   | 86,125 |   |
| Non-compete                agreement         |   |                              | 158     |   |   |   |   |   | (16 | ) |   | 142 |   |
|                                         |   |                              | 95,058  |   |   | -- |   |   | (8,791 | ) |   | 86,267 |   |
|                                         |   |                              |    |   |   |   |   |   |   |   |   |   |   |
|                                         |   | $                                 | 617,404 |   | $ | -- |   | $ | (8,791 | ) | $ | 608,613 |   |

| **Twelve                Months Ending December 31** |   |   |    |
|-----------------------------------------------------|--------|--------|---------|
| 2006                                                |   | $      | 10,061  |   |
| 2007                                                |   |   | 10,061  |   |
| 2008                                                |   |   | 10,061  |   |
| 2009                                                |   |   | 9,013   |   |
| 2010                                                |   |   | 8,665   |   |
| Thereafter                                          |   |   | 54,229  |   |
|                                                |   |   |    |   |
|                                                |   | $      | 102,090 |   |

----

**8.**
**Long-Term      Debt**

| Long-term                debt consists of the following (in thousands):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | **December                31,****2005** |    | **March                31,****2005** |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|---------|--------------------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                    |    |                                 |   |
| Senior                revolving credit facility (“Revolving Credit Facility”), which expires on                April 6, 2009, is available for maximum borrowings of up to $60.0                million.                The Revolving Credit Facility bears interest at the Company’s option at                either the prime rate plus a variable margin or LIBOR plus a variable                margin. The variable margin ranges from 0.75% to 2.50% and at December                31,                2005, the interest rate on the Revolving Credit Facility was 8.75%                per                annum. The Company is also required to pay a variable commitment                fee on                the unused portion of the Revolving Credit Facility. At December                31, 2005,                the commitment fee was 0.50% of the unused line. The Revolving Credit                Facility is collateralized by substantially all of the Company’s                assets.                                                                                                                                |   | $                                       | 25,000  |                                 | $      | -- |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                    |    |                                 |   |   |   |
| Senior                secured term loan facility, (“Tranche B Term Loan Facility”) that bears                interest at the Company’s option at either the prime rate or LIBOR plus a                variable margin of 2.25%. At December                31,                2005, the weighted average applicable interest rate on the Tranche                B Term                Loan Facility was 6.34%. Principal payments of $933 and interest                are                payable quarterly. In February 2005, the Tranche B Term Loan Facility                was                amended to increase the amount available thereunder by $200.0 million,                all                of which is available at December                31,                2005. Current amounts outstanding under the Tranche B Term Loan Facility                mature on April 6, 2011, while amounts borrowed pursuant to the amendment                will mature on October 6, 2011. The                Tranche B Term Loan Facility is collateralized by substantially all                of the                Company’s assets. |   |                                    | 366,563 |                                 |   | 369,360 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                    |    |                                 |   |   |   |
| Senior                Subordinated Notes (“Senior Notes”) that bear interest at 9.25% which is                payable on April 15th                and October 15th                of                each year. The Senior Notes mature on April 15, 2012; however, the                Company                may redeem some or all of the Senior Notes on or prior to April 15,                2008                at a redemption price equal to 100%, plus a make-whole premium, and                on or                after April 15, 2008 at redemption prices set forth in the indenture                governing the Senior Notes. The Senior Notes are unconditionally                guaranteed by Prestige International and its wholly owned subsidiaries                (other than the issuer). Each of these guarantees is joint and several.                There are no significant restrictions on the ability of any of the                guarantors to obtain funds from their subsidiaries.                                                                                                                                      |   |                                    | 126,000 |                                 |   | 126,000 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                    |    |                                 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                    | 517,563 |                                 |   | 495,360 |   |
| Current                portion of long-term debt                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                                    | (3,730  | )                                    |   | (3,730 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                    |    |                                 |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | $                                       | 513,833 |                                 | $      | 491,630 |   |

----

| **Twelve                Months Ending December 31** |   |   |    |
|-----------------------------------------------------|--------|--------|---------|
| 2006                                                |   | $      | 3,730   |   |
| 2007                                                |   |   | 3,730   |   |
| 2008                                                |   |   | 3,730   |   |
| 2009                                                |   |   | 28,730  |   |
| 2010                                                |   |   | 3,730   |   |
| Thereafter                                          |   |   | 473,913 |   |
|                                                |   |   |    |   |
|                                                |   | $      | 517,563 |   |

**9.**
**Members’      Equity**

----

**10.**
**Related      Party Transactions**

**11.**
**Income      Taxes**

**12.**
**Commitments      and Contingencies**

----

**13.**
**Concentrations      of Risk**

----

**14.**
**Business      Segments**

|                                      |   | **Quarter                Ended December 31, 2005** |   |
|-------------------------------------------|--------|----------------------------------------------------|--------|
|                                      |   | **Over-the-Counter**                               |   |  **Personal** |   |  **Household** |   |   |   |
|                                      |   | **Drug**                                           |   | **Care** |   | **Cleaning** |   | **Consolidated** |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Net                sales                  |   | $                                                  | 42,051 |   | $ | 7,007 |   | $ | 30,771 |   | $ | 79,829 |   |
| Other                revenues             |   |                                               | --     |   |   | -- |   |   | 27 |   |   | 27 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Total                revenues             |   |                                               | 42,051 |   |   | 7,007 |   |   | 30,798 |   |   | 79,856 |   |
| Cost                of sales              |   |                                               | 15,821 |   |   | 3,954 |   |   | 18,951 |   |   | 38,726 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Gross                profit               |   |                                               | 26,230 |   |   | 3,053 |   |   | 11,847 |   |   | 41,130 |   |
| Advertising                and promotion  |   |                                               | 4,926  |   |   | 724 |   |   | 1,735 |   |   | 7,385 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Contribution                margin        |   | $                                                  | 21,304 |   | $ | 2,329 |   | $ | 10,112 |   |   | 33,745 |   |
| Other                operating expenses   |   |                                               |   |   |   |   |   |   |   |   |   | 8,993 |   |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Operating                income           |   |                                               |   |   |   |   |   |   |   |   |   | 24,752 |   |
| Other                income (expense)     |   |                                               |   |   |   |   |   |   |   |   |   | (9,526 | ) |
| Provision                for income taxes |   |                                               |   |   |   |   |   |   |   |   |   | (5,881 | ) |
|                                      |   |                                               |   |   |   |   |   |   |   |   |   |   |   |
| Net                income                 |   |                                               |   |   |   |   |   |   |   |   | $ | 9,345 |   |

----

|                                      |   | **Nine                Months Ended December 31, 2005** |    |
|-------------------------------------------|--------|--------------------------------------------------------|---------|
|                                      |   | **Over-the-Counter**                                   |    |  **Personal** |   |  **Household** |   |   |   |
|                                      |   | **Drug**                                               |    | **Care** |   | **Cleaning** |   | **Consolidated** |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |
| Net                sales                  |   | $                                                      | 116,199 |   | $ | 21,595 |   | $ | 78,783 |   | $ | 216,577 |   |
| Other                revenues             |   |                                                   | --      |   |   | -- |   |   | 77 |   |   | 77 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Total                revenues             |   |                                                   | 116,199 |   |   | 21,595 |   |   | 78,860 |   |   | 216,654 |   |
| Cost                of sales              |   |                                                   | 43,044  |   |   | 12,307 |   |   | 47,873 |   |   | 103,224 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Gross                profit               |   |                                                   | 73,155  |   |   | 9,288 |   |   | 30,987 |   |   | 113,430 |   |
| Advertising                and promotion  |   |                                                   | 18,192  |   |   | 2,870 |   |   | 5,245 |   |   | 26,307 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Contribution                margin        |   | $                                                      | 54,963  |   | $ | 6,418 |   | $ | 25,742 |   |   | 87,123 |   |
| Other                operating expenses   |   |                                                   |    |   |   |   |   |   |   |   |   | 23,287 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Operating                income           |   |                                                   |    |   |   |   |   |   |   |   |   | 63,836 |   |
| Other                income (expense)     |   |                                                   |    |   |   |   |   |   |   |   |   | (26,707 | ) |
| Provision                for income taxes |   |                                                   |    |   |   |   |   |   |   |   |   | (14,481 | ) |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Net                income                 |   |                                                   |    |   |   |   |   |   |   |   | $ | 22,648 |   |

|                                      |   | **Quarter                Ended December 31, 2004**                  |   |
|-------------------------------------------|--------|---------------------------------------------------------------------|--------|
|                                      |   | **Over-the-Counter**                                                |   |  **Personal** |   |  **Household** |   |   |   |
|                                      |   | **Drug**                                                            |   | **Care** |   | **Cleaning** |   | **Consolidated** |   |
|                                      |   |                                                                |   |   |   |   |   |   |   |
| Net                sales                  |   | $          40,964 |   | $            7,612 |   | $                       24,442 |   | $                        73,018 |   |
| Other                revenues             |   |                                                                | --     |   |   | -- |   |   | 25 |   |   | 25 |   |
|                                      |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Total                revenues             |   |                                                                | 40,964 |   |   | 7,612 |   |   | 24,467 |   |   | 73,043 |   |
| Cost                of sales              |   |                                                                | 14,545 |   |   | 3,681 |   |   | 15,015 |   |   | 33,241 |   |
|                                      |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Gross                profit               |   |                                                                | 26,419 |   |   | 3,931 |   |   | 9,452 |   |   | 39,802 |   |
| Advertising                and promotion  |   |                                                                | 3,357  |   |   | 797 |   |   | 1,014 |   |   | 5,168 |   |
|                                      |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Contribution                margin        |   | $                                                                   | 23,062 |   | $ | 3,134 |   | $ | 8,438 |   |   | 34,634 |   |
| Other                operating expenses   |   |                                                                |   |   |   |   |   |   |   |   |   | 8,295 |   |
|                                      |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Operating                income           |   |                                                                |   |   |   |   |   |   |   |   |   | 26,339 |   |
| Other                income (expense)     |   |                                                                |   |   |   |   |   |   |   |   |   | (11,994 | ) |
| Provision                for income taxes |   |                                                                |   |   |   |   |   |   |   |   |   | (5,218 | ) |
|                                      |   |                                                                |   |   |   |   |   |   |   |   |   |   |   |
| Net                Income                 |   |                                                                |   |   |   |   |   |   |   |   | $ | 9,127 |   |

----

|                                      |   | **Nine                Months Ended December 31, 2004** |    |
|-------------------------------------------|--------|--------------------------------------------------------|---------|
|                                      |   | **Over-the-Counter**                                   |    |  **Personal** |   |  **Household** |   |   |   |
|                                      |   | **Drug**                                               |    | **Care** |   | **Cleaning** |   | **Consolidated** |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Net                sales                  |   | $                                                      | 113,067 |   | $ | 24,593 |   | $ | 73,970 |   | $ | 211,630 |   |
| Other                revenues             |   |                                                   | --      |   |   | -- |   |   | 126 |   |   | 126 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Total                revenues             |   |                                                   | 113,067 |   |   | 24,593 |   |   | 74,096 |   |   | 211,756 |   |
| Cost                of sales              |   |                                                   | 44,075  |   |   | 12,800 |   |   | 47,445 |   |   | 104,320 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Gross                profit               |   |                                                   | 68,992  |   |   | 11,793 |   |   | 26,651 |   |   | 107,436 |   |
| Advertising                and promotion  |   |                                                   | 15,709  |   |   | 4,213 |   |   | 4,480 |   |   | 24,402 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Contribution                margin        |   | $                                                      | 53,283  |   | $ | 7,580 |   | $ | 22,171 |   |   | 83,034 |   |
| Other                operating expenses   |   |                                                   |    |   |   |   |   |   |   |   |   | 22,261 |   |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Operating                income           |   |                                                   |    |   |   |   |   |   |   |   |   | 60,773 |   |
| Other                income (expense)     |   |                                                   |    |   |   |   |   |   |   |   |   | (41,444 | ) |
| Provision                for income taxes |   |                                                   |    |   |   |   |   |   |   |   |   | (7,392 | ) |
|                                      |   |                                                   |    |   |   |   |   |   |   |   |   |   |   |
| Net                income                 |   |                                                   |    |   |   |   |   |   |   |   | $ | 11,937 |   |

----

**ITEM      2.**
**MANAGEMENT’S      DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF      OPERATIONS**

**General**

----

**Quarterly      Period Ended December 31, 2005 compared to the Quarterly **

**Period      Ended December 31, 2004**

**Net      Sales**

***Over-the-Counter      Drug Segment***

***Personal      Care Segment***

***Household      Cleaning Segment***

----

**Gross      Profit**

***Over-the-Counter      Drug Segment***

***Personal      Care Segment***

***Household      Cleaning Segment***

**Contribution      Margin**

***Over-the-Counter      Drug Segment***

----

***Personal      Care Segment***

***Household      Cleaning Segment***

**General      and Administrative**

**Depreciation      and Amortization**

**Interest      Expense, net**

**Income      Taxes**

**Nine      Month Period Ended December 31, 2005 compared to the Nine Month**

**Period      Ended December 31, 2004**

**Net      Sales**

----

***Over-the-Counter      Drug Segment***

***Personal      Care Segment***

***Household      Cleaning Segment***

**Gross      Profit**

***Over-the-Counter      Drug Segment***

----

***Personal      Care Segment***

***Household      Cleaning Segment***

**Contribution      Margin**

***Over-the-Counter      Drug Segment***

***Personal      Care Segment***

----

***Household      Cleaning Segment***

**General      and Administrative**

**Depreciation      and Amortization**

**Interest      Expense, net**

**Loss      on Extinguishment of Debt**

**Income      Taxes**

----

**Liquidity      and Capital Resources**

**Capital      Resources**

----

----

**Commitments**

|  **Contractual                Obligations** |   |  **Total** |   | **Less                than****1                Year** |   | **2 to                3****Years** |   | **4                to 5****Years** |   | **After                5 Years** |   |
|--------------------------------------------------|--------|-----------------|--------|-------------------------------------------------------|--------|-----------------------------------------|--------|------------------------------------|--------|----------------------------------|--------|
|                                             |   |            |   | **(in                millions)**                      |   |                                    |   |                               |   |
| Long-term                debt                    |   | $               | 517.6  |                                                  | $      | 3.7                                     |   | $                                  | 7.5    |                             | $      | 32.5 |   | $ | 473.9 |   |
|                                             |   |            |   |                                                  |   |                                    |   |                               |   |                             |   |   |   |   |   |   |
| Interest                on long-term debt (1)    |   |            | 243.7  |                                                  |   | 36.3                                    |   |                               | 69.7   |                             |   | 68.8 |   |   | 68.9 |   |
|                                             |   |            |   |                                                  |   |                                    |   |                               |   |                             |   |   |   |   |   |   |
| Operating                leases                  |   |            | 1.4    |                                                  |   | 0.5                                     |   |                               | 0.8    |                             |   | 0.1 |   |   | -- |   |
|                                             |   |            |   |                                                  |   |                                    |   |                               |   |                             |   |   |   |   |   |   |
| Total                Contractual Obligations     |   | $               | 762.7  |                                                  | $      | 40.5                                    |   | $                                  | 78.0   |                             | $      | 101.4 |   | $ | 542.8 |   |

----

| (1)   | Represents                the estimated interest obligations on the outstanding balances of                the                Revolving Credit Facility, Tranche B Term Loan Facility and Senior                Notes,                together, assuming scheduled principal payments (based on the terms                of the                loan agreements) were made and assuming a weighted average interest                rate                of 7.16%. Estimated interest obligations would be different under                different assumptions regarding interest rates or timing of principal                payments. If interest rates on borrowings with variable rates increased                by                1%, interest expense would increase approximately $3.9 million, in                the                first year.  However, given the protection afforded by the                interest rate cap agreements, the impact of a one percentage point                increase would be limited to $2.0 million. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Critical      Accounting Policies and Estimates**

***Allowance      for doubtful accounts and the allowance for obsolete and damaged      inventory***

***Valuation      of long-lived and intangible assets and goodwill***

***Revenue      Recognition***

----

**Recent      Accounting Pronouncements**

**Off-Balance      Sheet Arrangements**

**Inflation**

**Seasonality**

**CAUTIONARY      STATEMENT REGARDING FORWARD-LOOKING STATEMENTS**

----

|   | · | general                economic conditions affecting our products and their respective                markets, |
|--------|--------|----------------------------------------------------------------------------------------------------------------|

|   | · | the                high level of competition in our industry and                markets, |
|--------|--------|------------------------------------------------------------------------------------------|

|   | · | our                dependence on a limited number of customers for a large portion of                our                sales, |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------|

|   | · | disruptions                in our distribution center, |
|--------|--------|--------------------------------------------------------|

|   | · | acquisitions                or other strategic transactions diverting managerial resources, or                incurrence of additional liabilities or integration problems associated                with such transactions, |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | changing                consumer trends, pricing pressures which may cause us to lower our                prices, |
|--------|--------|-------------------------------------------------------------------------------------------------------------------|

|   | · | increases                in supplier prices, |
|--------|--------|----------------------------------------------|

|   | · | changes                in our senior management team, |
|--------|--------|-------------------------------------------------------|

|   | · | our                ability to protect our intellectual property                rights, |
|--------|--------|----------------------------------------------------------------------------------------|

|   | · | our                dependency on the reputation of our brand                names, |
|--------|--------|------------------------------------------------------------------------------------|

|   | · | shortages                of supply of sourced goods or interruptions in the manufacturing                of our                products, |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | our                level of debt, and ability to service our                debt, |
|--------|--------|-----------------------------------------------------------------------------------|

|   | · | our                ability to obtain additional financing,                and |
|--------|--------|-------------------------------------------------------------------------------|

|   | · | the                restrictions imposed by our senior credit facility and the indenture                on                our operations. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------|

**ITEM      3.** **QUANTITATIVE      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**

----

**ITEM      4.** **CONTROLS      AND PROCEDURES**

***Disclosure      Controls and Procedures*****.**

***Changes      in Internal Control Over Financial Reporting***
**.**

| ·   | Appointed                a Corporate Controller who reports to the Company’s Chief Financial                Officer. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------|

| ·   | Engaged                an independent tax consultant, who reports directly to the Corporate                Controller, to provide guidance with regard to the determination                of                corporate tax obligations. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Implemented                procedures and controls (including ongoing training) to ensure that                assumptions and guidelines relative to shipments to customers are                properly                monitored and analyzed, and to ensure that revenue is recorded after                risk                of loss has passed to the customer in accordance with the requirements                of                SAB No. 104. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Implemented                procedures and controls (including ongoing training) to ensure that                the                pricing component of promotions and allowances is properly identified,                analyzed and recorded as a reduction of revenues in accordance with                the                requirements of EITF 01-09. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| **PART                II.** | **OTHER                INFORMATION** |
|-----------------------------|--------------------------------------|

| **ITEM                1.** | **LEGAL                PROCEEDINGS** |
|----------------------------|--------------------------------------|

----

| **ITEM                2.** | **UNREGISTERED                SALES OF EQUITY SECURITIES AND USE OF                PROCEEDS** |
|----------------------------|-----------------------------------------------------------------------------------------------|

| **ITEM                3.** | **DEFAULTS                UPON SENIOR SECURITIES** |
|----------------------------|----------------------------------------------------|

| **ITEM                4.** | **SUBMISSION                OF MATTERS TO A VOTE OF SECURITY                HOLDERS** |
|----------------------------|---------------------------------------------------------------------------------------|

| **ITEM                5.** | **OTHER                INFORMATION** |
|----------------------------|--------------------------------------|

**ITEM      6. **
**EXHIBITS**

----

**SIGNATURES**

| Dated:                  February 14, 2006 |   | **PRESTIGE                  BRANDS HOLDINGS, INC.** |
|-------------------------------------------|--------|-----------------------------------------------------|
|                                      |   |  Registrant                                    |
|                                      | By:    | /s/                  PETER J. ANDERSON              |
|                                      | Name:  | Peter                  J. Anderson                  |
|                                      | Title: | Chief                  Financial Officer            |

| Dated:                    February 14, 2006 |   | **PRESTIGE                    BRANDS INTERNATIONAL, LLC** |
|---------------------------------------------|--------|-----------------------------------------------------------|
|                                        |   |  Registrant                                          |
|                                        | By:    | /s/                    PETER J. ANDERSON                  |
|                                        | Name:  | Peter                    J. Anderson                      |
|                                        | Title: | Chief                    Financial Officer                |

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**Exhibit      Index**

|  10.1 |  Unit                Purchase Agreement among Prestige Brands Holdings, Inc. and Dental                Concepts, LLC, Richard Gaccione, Combined Consultants DBPT Gordon                Wade,                Douglas A.P. Hamilton, Islandia L.P., George O’Neill, Abby O’Neill,                Michael Porter, Marc Cole and Michael Lesser, dated November 9,                2005 |
|------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  31.1 |  Rule                13a-14(a)/ 15d-14(a) Certification, executed by Peter C. Mann, Chairman,                President and Chief Executive Officer of Prestige Brands Holdings,                Inc.                                                                                                                                                                                             |
|  31.2 |  Rule                13a-14(a)/ 15d-14(a) Certification, executed by Peter J. Anderson,                Chief                Financial Officer of Prestige Brands Holdings, Inc.                                                                                                                                                                                                                 |
|  31.3 |  Rule                13a-14(a)/ 15d-14(a) Certification, executed by Peter C. Mann, Manager,                President and Chief Executive Officer of Prestige Brands International,                LLC.                                                                                                                                                                                         |
|  31.4 |  Rule                13a-14(a)/ 15d-14(a) Certification, executed by Peter J. Anderson,                Chief                Financial Officer of Prestige Brands International,                LLC.                                                                                                                                                                                             |
|  32.1 |  Certification                required by Rule 13a-14(b) or Rule 15d-14(b) and Section 1350 of                Chapter                63 of Title 18 of the United States Code 302 (18 U.S.C. 1350), executed                by                Peter C. Mann, Chairman, President and Chief Executive Officer of                Prestige                Brands Holdings, Inc.                    |
|  32.2 |  Certification                required by Rule 13a-14(b) or Rule 15d-14(b) and Section 1350 of                Chapter                63 of Title 18 of the United States Code 302 (18 U.S.C. 1350) executed                by                Peter J. Anderson, Chief Financial Officer of Prestige Brands Holdings,                Inc.                                                        |
|  32.3 |  Certification                required by Rule 13a-14(b) or Rule 15d-14(b) and Section 1350 of                Chapter                63 of Title 18 of the United States Code 302 (18 U.S.C. 1350), executed                by                Peter C. Mann, Manager, President and Chief Executive Officer of                Prestige                Brands International, LLC.                |
|  32.4 |  Certification                required by Rule 13a-14(b) or Rule 15d-14(b) and Section 1350 of                Chapter                63 of Title 18 of the United States Code 302 (18 U.S.C. 1350) executed                by                Peter J. Anderson, Chief Financial Officer of Prestige Brands                International, LLC.                                                   |

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