AptarGroup reports record second quarter earnings; declares increased dividend.

CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--July 25, 1995--AptarGroup, Inc. (NYSE:ATR) today reported record second quarter income based on strong fragrance/cosmetics industry sales and increased sales to the pharmaceutical market, lower interest expense, gains in certain currency translations and the sale of a non-dispensing closure subsidiary in the fourth quarter of 1994.

SECOND QUARTER RESULTS

For the quarter ended June 30, 1995, the company reported net income of $9.9 million, or $.55 per share, a 32 percent increase over the $7.5 million, or $.47 per share, reported for the second quarter of 1994. The 1995 results reflect an 11 percent increase in the average shares outstanding over the 1994 second quarter. Sales for the quarter increased 20 percent to a record $142.4 million from $118.2 million in the prior year.

FIRST SIX MONTHS RESULTS

For the six months ended June 30, 1995, the company reported net income of $19.6 million, or $1.09 per share, a 32 percent increase over the $14.8 million, or $.92 per share, reported for the first six months of 1994. The first six month results for 1995 also reflect an 11 percent increase in the average shares outstanding over the first six months of 1994.

Sales for the first six months of 1995 increased 18 percent to $278.0 million from $235.4 million in the prior year.

MANAGEMENT COMMENT

Commenting on the second quarter results, Ervin J. LeCoque, Chairman and Chief Executive Officer, said, ``Improved results were achieved due to the continued strength of pump sales to the fragrance/cosmetics market and increased sales to the pharmaceutical market, reduced interest expense and the sale in the fourth quarter of 1994 of a non-dispensing closure subsidiary, which had a net loss of $.3 million in the second quarter of 1994 and $.7 million in the first six months of 1994.''

LeCoque added that fluctuations in the value of the U.S. dollar favorably affected the translation of foreign sales. ``If exchange rates had been constant and the sales of the subsidiary that were sold in the fourth quarter of 1994 been excluded from 1994 results, sales would have increased by 15 percent for the quarter and 13 percent for the year to date. The subsidiary that was sold in late 1994 had sales of $2.1 million in the second quarter of 1994 and $5.4 million in the first six months of 1994.''

``European operations posted gains in sales and operating profits for the second quarter and the first six months of 1995. In North America, sales of pumps and dispensing closures increased; however, operating profits were adversely affected by softness in the personal care and household markets and costs of $.3 million for the second quarter and $.7 million for the first six months related to the start-up of the fragrance/cosmetics pump manufacturing facility on the East Coast.''

CASH DIVIDEND

AptarGroup's Board of Directors today declared a quarterly dividend of $.07 cents per share, payable August 29, 1995 to shareholders of record as of August 8, 1995. The dividend increase marks a 17 percent increase over the prior dividend, reflecting the company's strong earnings.

AptarGroup, Inc. is a leading international manufacturer, designer, and marketer of pumps, aerosol valves, and dispensing closures for personal care, fragrance/cosmetic, 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 AND SIX MONTHS ENDED JUNE 30, 1995 AND 1994
              (IN THOUSANDS, EXCEPT PER SHARE DATA)

                        THREE MONTHS ENDED       SIX MONTHS ENDED
                             JUNE 30,                JUNE 30,
                        __________________       ________________
                          1995      1994          1995      1994
                          ____      ____          ____      ____

Net Sales               $142,396  $118,218      $278,025  $235,439

Cost of Sales             90,627    74,489       177,243   148,578

Selling, General and
 Administrative           24,956    20,835        47,763    41,398

Depreciation and
 Amortization             10,854     9,533        21,296    18,700
                         _______   _______       _______   _______
Operating Income          15,959    13,361        31,723    26,763

Other:

  Interest Expense - net     972     1,985         2,357     4,212

  Other Income - net        (623)     (590)       (1,669)   (1,166)
                         _______   _______       _______   _______
                             349     1,395           688     3,046
                         _______   _______       _______   _______
Income Before Income
 Taxes                    15,610    11,966        31,035    23,717

Provision for Income
 Taxes                     5,683     4,459        11,483     8,965
                         _______   _______       _______   _______
Net Income               $ 9,927   $ 7,507       $19,552   $14,752
                         _______   _______       _______   _______
                         _______   _______       _______   _______

Net Income per Share
 of Common Stock            $.55      $.47         $1.09      $.92
                         _______   _______       _______   _______
                         _______   _______       _______   _______

Average Number of Shares  17,917    16,079        17,916    16,079
                         _______   _______       _______   _______
                         _______   _______       _______   _______

CONTACT: AptarGroup, Inc., Crystal Lake

Steve Hagge, 815/477-0424

or

Edelman Worldwide, Chicago

Gary Strong, 312/240-2634