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Pregis Announces Second Quarter 2009 Financial Results
Date:8/13/2009

------- ------- Total assets $713,988 $736,376 -------- -------- Liabilities and stockholder's equity Current liabilities Current portion of long-term debt $643 $4,902 Accounts payable 75,063 79,092 Accrued income taxes 5,182 6,964 Accrued payroll and benefits 12,857 11,653 Accrued interest 5,922 6,905 Other 18,894 21,740 ------ ------ Total current liabilities 118,561 131,256 Long-term debt 461,346 460,714 Deferred income taxes 22,044 24,913 Long-term income tax liabilities 11,552 11,310 Pension and related liabilities 5,103 6,119 Other 13,272 11,963 Stockholder's equity: Common stock - $0.01 par value; 1,000 shares authorized, 149.0035 shares issued and outstanding at June 30, 2009 and December 31, 2008 - - Additional paid-in capital 151,344 150,610 Accumulated deficit (71,663) (64,318) Accumulated other comprehensive income 2,429 3,809 ----- ----- Total stockholder's equity 82,110 90,101 ------ --
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