Naturally Splendid Escalates 2016 Growth

New $2.1 Million Purchase Order Shoots Growth Rate to 3000% Since 2015

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - Naturally Splendid Enterprises Ltd. (TSX VENTURE:NSP)(OTCQB:NSPDF)(FRANKFURT:50N) ("NSP").

• Following last week's announcement of substantial growth to date in 2016 (+2,350% growth in sales compared to 2015), Naturally Splendid has announced earlier today the receipt of new, previously unreported purchase orders totalling $2.1 million CDN

• Therefore, the total value of all purchase orders to date in 2016 exceeds $9.2 million CDN

• This remarkable sales number already outshines 2015 sales by a staggering +3,000%
(compared to 2014 sales: +3,815%)

• The company is suddenly growing exceptionally fast on a consistent basis thus far in 2016:

Q1: $1.5 million CDN
Q2: $4.3 million CDN (+187% against Q1)
Q3: $3.6 million CDN (in the first three weeks of Q3)

CEO Craig Goodwin states in today's news:

"We are pleased to continue the pace we are on. We booked gross sales of $1,455,000 CDN in our first quarter of 2016 (Q1) and recently announced our second quarter (Q2) gross sales of $4,300,000 CDN. On June 20, 2016 the Company announced a Purchase Order of $1,450,000 CDN for the third quarter of 2016 (Q3) and now with this most recent Purchase Order of $2,100,000 CDN, total gross sales to date exceed $9,200,000 CDN. Our goal naturally, is to have Q3 exceed gross sales of Q2 and we are on a pace to reach that objective."

With 57.4 million shares issued and outstanding, Naturally Splendid is currently valued at $15.5 million CDN. If the sales growth rate so far in 2016 is any indication for the remaining months, the company could bag total sales of around $20 million CDN in 2016: A potential sales growth of +6,567% against 2015.

With an implied enterprise value ("EV") of $15.5 million CDN and projected sales of $20 million in 2016, Naturally Splendid currently has an EV/Sales multiple of only 0.78x. According to data from New York's Stern University, the following sectors had EV/Sales multiples significantly higher than Naturally Splendid's current multiple of 0.78x:

Drugs (Biotechnology):	8.32x
Drugs (Pharmaceuticals):	4.76x
Healthcare Products:	3.75x
Average of all sectors:	2.65x

Therefore, when applying a conservative EV/Sales multiple of 2.65x, Naturally Splendid would trade at $0.72 CDN/share (+167%% from current market price).