AptarGroup reports record first quarter earnings; Declares quarterly cash dividend.

CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--April 27, 1995--AptarGroup Inc. (NYSE:ATR) today reported record earnings for the first quarter ended March 31, 1995 of $9.6 million, or $.54 per share, an increase of 33 percent when compared with results for the prior year first quarter of $7.2 million, or $.45 per share. Sales for the first quarter 1995 were a record $135.6 million, compared to $117.2 million for 1994, up 16 percent.

Commenting on first quarter results, Ervin J. LeCoque, Chairman and Chief Executive Officer, said, "Improved results were achieved due to strong sales of pumps to the fragrance/cosmetics market, reduced interest expense, and the sale in the fourth quarter of 1994 of a nondispensing closure subsidiary, which had a net loss of $.4 million in the first quarter of 1994."

LeCoque added that fluctuations in the U.S. dollar favorably affected the translation of foreign sales. "If exchange rates had been held constant with those of the previous year, sales would have increased by 8 percent for the quarter."

"European operations posted gains in sales and operating profits for the quarter. In North America, sales of all product lines to the personal care market increased; however, operating profits were adversely affected by costs of approximately $.4 million related to the start-up of the fragrance/cosmetics pump manufacturing facility on the East Coast."

Yesterday, AptarGroup's Board of Directors declared a quarterly cash dividend of $.06 per share, payable May 31, 1995 to shareholders of record as of May 10, 1995.

AptarGroup, Inc. manufactures, designs, and sells pumps, aerosol valves, and dispensing closures for personal care, fragrance/cosmetics, pharmaceutical, household, and food products. AptarGroup is headquartered in Crystal Lake, Illinois, with manufacturing facilities primarily in the United States and Europe. -0-

                        APTARGROUP, INC.
                 SUMMARY OF CONSOLIDATED INCOME
         FOR THE THREE MONTHS ENDED MARCH 31, 1995 AND 1994
              (IN THOUSANDS, EXCEPT PER SHARE DATA)

                                         THREE MONTHS ENDED
                                               MARCH 31,
                                        -----------------------
                                        1995             1994
                                      ----------      ----------
Net Sales                             $135,629        $117,221
Cost of Sales                           86,616          74,089
Selling, General and Administrative     22,807          20,563
Depreciation and Amortization           10,442           9,167
                                       ---------       ----------
Operating Income                        15,764          13,402

Other Expenses - Net                       339           1,651
                                        ---------      -----------
Income Before Income Taxes              15,425          11,751

Provision for Income Taxes               5,800           4,506
                                        ---------       ----------
Net Income                              $9,625          $7,245
                                        ==========      ==========

Net Income per Share of Common Stock      $.54            $.45
                                        ===========    ===========

Average Shares Outstanding              17,915          16,079
                                        ===========    ===========

CONTACT: AptarGroup Inc., Crystal Lake

Steve Hagge, 815/477-0424

or

Edelman Worldwide, Chicago

Gary Strong, 312/240-2634