Elephant Pharm Appoints Kelly Kennedy from Williams-Sonoma as Company's Chief Financial Officer

Issued April 30, 2007

Elephant Pharm, the drug store with a revolutionary approach to health and wellness, today announced the hiring of Kelly J. Kennedy as the growing company's chief financial officer, effective today.

Ms. Kennedy comes to Elephant Pharm after nearly 7 years at Williams-Sonoma, Inc. (WSM, NYSE), where she was the company's Vice President/Treasurer, overseeing treasury, payroll, banking relationships, and risk management operations for the $3.5 billion San Francisco-based specialty retailer. Prior to Williams-Sonoma, she worked with Dreyer's Grand Ice Cream, Hero Art Rubber Stamps, and Booz Allen Hamilton.

Ms. Kennedy has an MBA from Harvard Business School, a BA from Middlebury College, and she also attended the London School of Economics. �We're thrilled to have Kelly as part of our senior executive team,� said Kathi Lentzsch, CEO of Elephant Pharm. �Her experience with a world-class public company combined with her strong interest in growing a small business fits our current needs perfectly.�

Elephant Pharm operates three stores in the San Francisco Bay Area: Berkeley, San Rafael and Los Altos. Its fourth store, in Walnut Creek, is scheduled to open in summer, 2007.

# # #