Free Writing Prospectus

Filed Pursuant to Rule 433

Dated May 18, 2010

Registration Statement No. 333-161833

Alberto-Culver Company

Pricing Term Sheet

5.150% Notes due June 1, 2020

 

Issuer:

  Alberto-Culver Company

Security Type:

  Senior Notes

Size:

  $150,000,000

Maturity:

  June 1, 2020

Coupon:

  5.150%

Price to Public:

  99.959%

Yield to Maturity:

  5.155%

Spread to Benchmark Treasury:

  175 bps

Benchmark Treasury:

  3.500% due May 15, 2020

Net Proceeds to Issuer:

  $148,963,500

Benchmark Treasury Yield:

  3.405%

Interest Payment Dates:

  June 1 and December 1, commencing December 1, 2010

Make-Whole Call:

  Treasury Rate plus 30 basis points

Trade Date:

  May 18, 2010

Settlement Date:

  May 21, 2010 (T+3)

Denominations:

  $2,000 x $1,000

Ratings*:

  Baa2/BBB/BBB+ (Moody’s/S&P/Fitch)

CUSIP:

  013078AA8

ISIN:

  US013078AA81

Joint Bookrunners:

  Goldman, Sachs & Co; J.P. Morgan Securities Inc.; Banc of America Securities LLC

*A rating is not a recommendation to buy, sell or hold securities and may be subject to revision, review, suspension, qualification or withdrawal at any time by the assigning rating agency.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Goldman, Sachs & Co. at 1-866-471-2526, J.P. Morgan Securities Inc. collect at 212-834-4533 or Banc of America Securities LLC toll-free at 1-800-294-1322.

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