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updated 10:52, Wed September 12, 2007

Hain Celestial Says Options Review Ongoing, Delays Filing Annual Report With SEC

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MELVILLE, N.Y. (AP) -- Hain Celestial Group Inc., which makes natural and organic food and personal care products, said Tuesday an ongoing, previously announced review of its stock options will cause a delay in the filing of its annual report with the Securities and Exchange Commission.

Any potential adjustments are not expected to change reported results for the year ended June 30, Hain said.

The company added it expects to file its annual report "in the near future" since the review is "substantially complete."

However, the company anticipates receiving a delisting notice from the Nasdaq Stock Market, which should be rescinded when Hain files its report.

Shares of the company closed up 74 cents at $30.29.

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