Memberships produced decreased by 8.0% while new membership fees written decreased by 7.1% and our active membership base increased 0.5% compared to the comparable period of the previous year.

On a sequential quarterly basis, new associates enrolled increased 1.2%; new memberships produced decreased 4.1%, new membership fees written decreased 1.7% and our active membership base decreased by 320 memberships.

Our total active membership fees in force increased approximately 2.0% during the last year and continue our trend of increasing our membership fees. Membership persistency rate (defined as the number of memberships in force at the end of a 12 month period as a percentage of the total of memberships in force at the beginning of such period, plus new memberships sold during such period) was 73.3% for the 12 month period ended June 30, 2008 an increase from the 72.7% for the 12 month period ended June 30, 2007.

Our second quarter 2008 corporate finance focus has again been on share repurchases. During the 2nd quarter, we returned $14.9 million to shareholders through the repurchase of 343,409 shares of common stock, at an average per share price of $43.33.

Since April 1999, we have returned $390.2 million to shareholders through the purchase of 13.3 million shares, average price of $29.30 per share, and $17.1 million in dividends for a combined total of $407.3 million representing more than 115 percent of our net earnings during the same timeframe. -- www.cnxmarketlink.com