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Berry Plastics Corporation Completes Tender Offer and Consent Solicitation for its 10.75% Senior Subordinated Notes Due 2012

EVANSVILLE, IN - (September 21, 2006) - Berry Plastics Corporation (the "Company") announced today the completion of its previously announced tender offer and consent solicitation (the "Offer") for any and all of its outstanding $335,000,000 aggregate principal amount of 10.75% Senior Subordinated Notes due 2012 (CUSIP No. 085790AJ2) (the "Notes") pursuant to the Offer to Purchase and Consent Solicitation Statement dated July 25, 2006 (the "Offer to Purchase and Consent Solicitation Statement"), as extended on August 7, 2006 and on September 6, 2006.

 

The offer expired at 12:00 midnight EST, on Wednesday, September 20, 2006, with $335,000,000 in aggregate principal amount of Notes (100% of outstanding Notes) tendered and accepted for purchase under the terms of the Offer.

 

Deutsche Bank Securities Inc. is the exclusive dealer manager and solicitation agent for the tender offer and consent solicitation.

 

This press release does not constitute an offer to sell or a solicitation of an offer to buy any Notes or other securities, nor shall there be any sale of any Notes or other securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This announcement is also not an offer to purchase, a solicitation of an offer to purchase or a solicitation of consents with respect to any Notes or other securities. The tender offer and consent solicitation are being made solely by the Offer to Purchase and Consent Solicitation Statement.

 

Berry Plastics Corporation is a leading manufacturer and marketer of rigid plastic packaging products. The company is headquartered in Evansville, IN, and, together with its subsidiaries, has plants in Ahoskie, NC; Anaheim, CA; Baltimore, MD; Bowling Green, KY; Charlotte, NC; Chicago, IL; Chicago Ridge, IL; Easthampton, MA; Henderson, NV; Iowa Falls, IA; Jackson, TN; Lancaster, PA; Lawrence, KS; Milan, Italy; Mexico City, Mexico; Monroeville, OH; Monroe Township, NJ; Norwich, England; Oxnard, CA; Phoenix, AZ; Richmond, IN; Sarasota, FL; Streetsboro, OH; Suffolk, VA; Syracuse, NY; and Woodstock, IL.

 

Please contact:
Jim Kratochvil
Executive Vice President, CFO, Treasurer and Secretary
Berry Plastics Corporation
101 Oakley Street
Evansville, Indiana 47710
Telephone: (812) 424-2904

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