AA-45-2 is a unique emulsion based antiperspirant stick that has excellent aesthetics and long term aging stability. Unlike conventional cyclomethicone-stearyl alcohol based AP sticks. AA-45-2 does not exhibit any shrinkage, crystallization, or syneresis on extended aging. The formulation does not contain any TiO2 or other whitening agent since the formulation, a w/o emulsion, is inherently white. On application there is no whitening on the skin and there is no need for anti-whitener oils such as mineral oil, etc. Application of AA-45-2 leaves a non-greasy/ non-oily film with no tackiness. The use of water in the formulation reduces the cost of the formulation. Optimum level of water and oil phase can be adjusted to fit aesthetic and cost parameters.