Exhibit 99

ALLOU HEALTHCARE, INC.
50 Emjay Boulevard
Brentwood, New York 11717
(American Stock Exchange
Trading Symbol: ALU)

SUMMARY COMPANY CONTACT:
- ------- ---------------

Allou Healthcare, Inc. announces its lenders declared David Shamilzadeh
a default under its Loan Agreement. President and Chief Financial Officer of
Allou Healthcare, Inc.
(631) 787-1220
e-mail: franf@hbafrag.com

(April 9, 2003) Allou Healthcare, Inc. (AMEX:ALU), announced today
that its lenders have declared a default based upon unsatisfied obligations from
loans payable as of March 31, 2003 and have accelerated all other obligations
and declared them payable immediately, after negotiations between itself and its
lenders on a forbearance agreement broke down.

ABOUT ALLOU. Allou Healthcare, Inc., formerly known as Allou Health &
Beauty Care, Inc. and Allou Distributors, Inc. (collectively referred to as
Allou), is a publicly traded company that distributes consumer personal care
products and prescription pharmaceuticals on a national basis. The Company also
manufactures upscale hair and skin care products for sale under private labels.
The Company's consumer personal care products distribution business includes
prestige brand name designer fragrances, brand name health and beauty aids
products and non-perishable packaged food items. Its prescription
pharmaceuticals distribution business includes both brand name and generic
pharmaceutical products.

Certain statements in this announcement are "forward looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. These statements, which may refer to the
expectations of our management or advisors concerning the outcome of future
events, and which may include the words "believe" or "intend" or other
descriptions of such expectations, involve certain known and unknown risks,
uncertainties and other factors that may cause the statements to be materially
different from actual future results. These factors include, among others
things, the possibility that we may not be able to identify and successfully
pursue strategic alternatives that would provide us with adequate liquidity.

ALLOU HEALTHCARE, INC.
50 Emjay Boulevard
Brentwood, New York 11717
(American Stock Exchange
Trading Symbol: ALU)

SUMMARY COMPANY CONTACT
- ------- ---------------

Allou Healthcare, Inc. announces it has consented to David Shamilzadeh
an involuntary petition for bankruptcy under Chapter President and Chief Financial Officer of
11 filed by its lenders. Allou Healthcare, Inc.
(631) 787-1220
e-mail: franf@hbafrag.com

(April 9, 2003) Allou Healthcare, Inc. (AMEX:ALU), announced today
that its lenders have filed an involuntary petition for bankruptcy in the
Eastern District of New York under the provisions of chapter 11, title 11, of
the United States Code (the "Bankruptcy Code"). Chapter 11 is the reorganization
provision of the Bankruptcy Code under which a company may continue its
operations, restructure its indebtedness and emerge from chapter 11 bankruptcy
as a reorganized enterprise.

Allou further announced that it has consented to the chapter 11 filing
and has retained Richard A. Sebastiao as Chief Restructuring Officer to the
Company.

Certain statements in this announcement are "forward looking
statements" within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These statements, which may
refer to the expectations of our management or advisors concerning the outcome
of future events, and which may include the words "believe" or "intend" or other
descriptions of such expectations, involve certain known and unknown risks,
uncertainties and other factors that may cause the statements to be materially
different from actual future results.