Consolidated Container Company Announces Refinancing.

ATLANTA -- Consolidated Container Company LLC ("CCC") announced today that it has completed a refinancing of all of its debt. CCC executed new credit facilities effective March 28, 2007, and repurchased the majority of the public bonds CCC issued in 1999 and 2004.

Richard P. Sehring, Chief Financial Officer of CCC, said: "We are very pleased with the outcome of the refinancing and the opportunities our new capital structure will afford CCC over the next few years. The new bank agreements give us the flexibility to continue to execute our strategies and create value for CCC."

"This is a fantastic outcome for the company, our employees and our customers because it enables CCC to continue the strong momentum we have been enjoying over the past two years," said Jeffrey M. Greene, Chief Executive Officer of CCC. "Our ability to close the refinancing on such favorable terms results in large part from the company's robust financial performance in recent years and the support we have received from Vestar Capital, which has continuously backed our management team."

Consolidated Container Company, which was formed in 1999, is a leading North American developer, manufacturer and marketer of rigid plastic containers for many of the largest branded consumer products and beverage companies in the world. CCC has long-term customer relationships with many blue-chip companies including Dean Foods, DS Waters of America, The Kroger Company, Nestle Waters North America, The Procter & Gamble Company, Exxon Mobil, Scotts and Colgate- Palmolive. CCC serves its customers with a wide range of manufacturing capabilities and services through a nationwide network of 58 strategically located manufacturing facilities and a research, development and engineering center located in Atlanta, Georgia. Additionally, CCC has 3 international manufacturing facilities in Canada and Mexico.