Daily Paper Products News

Hancock Timber Resource Group Completes PruTimber Acquisition

Leading Manager Of Timberland For Institutional Investors Strengthens Global Position In Marketplace

BOSTON, Sept. 2 /PRNewswire-FirstCall/ -- The Hancock Timber Resource Group (HTRG) today announced that it has completed its acquisition of Prudential Timber Investments, Inc. (PruTimber), the timberland investment management unit of Prudential Financial, Inc. Terms of the acquisition were not disclosed.

With the acquisition, HTRG assumes management responsibility for PruTimber's approximately 340,000 acres of timberland, worth approximately $540 million. The new timberlands include 150,000 acres in the United States, 145,000 acres in New Zealand and 45,000 acres in Brazil.

The transaction brings HTRG's total acreage and assets under management to 2.4 million acres and $3.1 billion.

HTRG, a division of the Hancock Natural Resource Group, Inc, an operating company of MFC Global Investment Management, manages timberland in the Pacific Northwest and the Southeast United States as well as Canada, New Zealand and Australia. Additional information about HTRG may be found at its website: http://www.hancocktimber.com/.

MFC Global Investment Management is the institutional asset management arm of Manulife Financial Corporation. Based in North America with investment offices in Toronto, Boston, London, Tokyo, Hong Kong and Southeast Asia, the firm has more than 100 years of experience managing funds. Additional information about MFC Global Investment Management may be found at its website: http://www.mfcglobal.com/.

Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$364 billion (US$297 billion) as at June 30, 2005.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the SEHK. Manulife Financial can be found on the Internet at http://www.manulife.com/.

Source: Hancock Timber Resource Group (HTRG)

CONTACT: Brian Carmichael for Hancock Timber Resource Group (HTRG),
+1-617-572-6409

Web site: http://www.hancocktimber.com/

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Universal Forest Products Wins Cool Places to Work Award

GRAND RAPIDS, Mich., Sept. 2 /PRNewswire-FirstCall/ -- Universal Forest Products (NASDAQ:UFPI) was named one of 60 "Cool Places to Work" in Michigan in a first-of-its-kind competition jointly held by Crain's Detroit Business and the Grand Rapids Business Journal.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050301/DETU020LOGO )

Universal Forest Products and the other 59 companies appear in the August 29 editions of both publications. An additional report on semi-finalists for the competition appears online at http://www.crainsdetroit.com/ .

Universal's CEO and Vice Chairman William G. Currie said, "We are honored to receive this award and to be recognized for having a strong culture and being a great place to work. It speaks highly of all the people of Universal, who have made it a rewarding and fun workplace as well as a successful company."

Selection for the award was based both on employee nominations and on numerical scores from a survey created by the Southfield-based American Society of Employers, a membership organization that collects workplace data and offers training in human resource issues.

The 60 companies have "created work environments that attract and retain quality workers, especially younger workers," Crain's Publisher Mary Kramer said. "It's very clear that employees prize a workplace that recognizes a balance between 'work' and 'life,' as well as one that offers training and opportunities to advance."

John Zwarensteyn, publisher and CEO of the Grand Rapids Business Journal said, "It was important to include nominations from companies throughout the state of Michigan, and the result certainly shows that 'cool companies' exist in every quadrant of the state. This effort also underscores that cool businesses are of many sizes, and include what we think of as 'traditional' types of businesses as well as those considered to be 'information age' businesses."

Both Crain's and the Grand Rapids Business Journal have been involved in "best places to work" recognition programs in the past. But the "cool places" effort was tweaked to garner nominations from employees who were asked to succinctly state why they liked working for their employer. More than 400 people nominated their workplaces. When duplicated nominations were culled, 285 companies statewide were nominated, and executives at 205 completed an exhaustive on-line survey to provide an objective benchmark of how companies handled work/life initiatives, talent management, organizational communication, total rewards, corporate citizenship and leadership, work environment and recruitment activities.

The Michigan Department of Labor and Economic Growth also promoted the competition to support Gov. Granholm's "Cool Cities" initiatives.

The two business publications will host an awards luncheon September 15 in Detroit to honor the companies, featuring Michigan's First Gentleman, Daniel Granholm Mulhern. The luncheon is being held at the International Conference and Banquet Center in the Antheneum Hotel, 1000 Brush St. in Greektown. Tickets for the luncheon are $35. To make reservations, visit http://www.crainsdetroit.com/ . For more information, contact Jennifer Dunn at 313-446-6786.

Celebrating 50 years of business, Universal Forest Products is headquartered in Grand Rapids, MI. The Company markets, manufactures and engineers wood and wood-alternative products for D-I-Y/retail home centers, structural lumber products for the manufactured housing industry, engineered wood components for the site-built construction market and specialty wood and wood-alternative packaging for various industries. The Company also provides framing services for site-built construction customers. The Company has approximately 9,500 employees who work in nearly 100 facilities in North America. Universal had 2004 sales of $2.45 billion. For information about Universal Forest Products on the Internet, please visit the Company's web site at http://www.ufpi.com/ , or call 888-Buy-UFPI.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050301/DETU020LOGO
PRN Photo Desk, photodesk@prnewswire.com
Source: Universal Forest Products, Inc.

CONTACT: Lynn Afendoulis, Director, Corporate Communications of
Universal Forest Products, Inc., +1-616-365-1502

Web site: http://www.ufpi.com/
http://www.crainsdetroit.com/

Company News On-Call: http://www.prnewswire.com/comp/916064.html

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Kimberly-Clark Professional to Donate Cold and Flu Packages to University of Alberta Students

Wednesday, September 7, 2005, 8:30 am - 10:30 am

WHO: Kimberly-Clark Professional to donate cold and flu care
packages to students at the University of Alberta.

WHAT: To help prevent the spread of germs during the upcoming cold
and flu season, Kimberly-Clark Professional is donating
waterless hand sanitizers, facial tissue and information on
germ prevention to students at the University of Alberta as
they return to school for the "Week of Welcome." The donation
coincides with the launch of a new initiative: "Cleaning for a
Healthy University," which focuses on improvements in surface
cleaning and sanitation and other methods of germ prevention
throughout the 40,000-student institution.

WHERE: University of Alberta Students' Union Building
8900 114 Street
Edmonton, AB

WHEN: Wednesday, September 7, 2005

WHY: Hand washing is one of the most important ways to keep from
getting sick, according to both the U.S. Centers for Disease
Control (CDC) and the Canadian Centre for Occupational Health
and Safety. Waterless hand sanitizers can be used to cleanse
hands when soap and water are not available. Covering your
mouth or nose with a tissue when you cough or sneeze is another
recommendation to help prevent the spread of germs to others.

EDITORIAL CONTACT:
Iris Raylesberg
Kapnek Communications
iris@kapnek.com
215-830-9890

PRNewswire -- Sept. 2

Source: Kimberly-Clark Professional

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Child Health Stamp

NEW YORK, Sept. 2 /PRNewswire/ -- THIS IS A SPECIAL REPORT FROM THE UNITED STATES POSTAL SERVICE.

TO COINCIDE WITH THE START OF THE NEW SCHOOL YEAR, THE U.S. POSTAL SERVICE IS ISSUING A CHILD HEALTH COMMEMORATIVE STAMP TO RAISE AWARENESS ABOUT THE ROLE OF PREVENTION IN CHILD HEALTH. AVAILABLE NATIONWIDE ON SEPTEMBER 7, THE CHILD HEALTH STAMP SERVES AS A REMINDER TO MAKE SURE YOUR CHILDREN GET REGULAR MEDICAL CHECKUPS, ACCORDING TO MARY ANNE GIBBONS, SENIOR VICE PRESIDENT OF THE POSTAL SERVICE.

"As a working mother myself, it's a real challenge to schedule doctor's regular medical check ups for my children and get healthy meals on the table everyday. And when I'm rushed, it's tempting to cut corners with those seat belts. That's why the postal service is issuing this stamp -- to promote regular medical check ups for every child, car seats each time, and balanced diet and exercise."

THE CHILD HEALTH STAMP DEPICTS A SILHOUETTE OF A HEALTHCARE PROFESSIONAL PLACING A STETHOSCOPE ON A CHILD'S CHEST.

TO VIEW THE STAMP, VISIT http://www.usps.com/shop.

ADDITIONAL RESOURCES: Audio version and more available at http://www.prnewswire.com/broadcast/22538/consumer.shtml

AUDIO PROVIDED BY: THE UNITED STATES POSTAL SERVICE.

For story information, please call MultiVu, 1-800-653-5313, ext. 3 or email radio@multivu.com

Audio: Note to Editor - Press Only - includes Audio, MP3 requests,
contact information and more available at
http://www.prnewswire.com/broadcast/22538/press.shtml
Source: The United States Postal Service

CONTACT: MultiVu, 1-800-653-5313, ext. 3, radio@multivu.com

Web site: http://www.usps.com/shop
http://www.multivu.com/

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AEP Industries Inc. Extends 7.875% Senior Notes Exchange Offer

SOUTH HACKENSACK, N.J., Sept. 2 /PRNewswire-FirstCall/ -- AEP Industries Inc. (NASDAQ:AEPI) (the "Company") announced today that it has extended the expiration date of its offer to exchange all of its 7.875% Senior Notes due 2013 for an equal amount of newly issued 7.875% Senior Notes due 2013 that have been registered under the Securities Act of 1933, as amended.

The offer, which was scheduled to expire at 5:00 p.m., New York City time, on September 2, 2005, will now expire at 5:00 p.m., New York City time, on September 23, 2005, unless further extended. All other terms, provisions and conditions contained in the exchange offer will remain in full force and effect.

The terms of the exchange offer and other information relating to the Company are set forth in the prospectus dated August 5, 2005. Copies of the prospectus and the related letter of transmittal may be obtained from The Bank of New York, which is serving as the exchange agent in connection with this exchange offer. The Bank of New York's address, telephone number and facsimile number are as follows:

The Bank of New York
101 Barclay Street, 7E
New York, New York 10286
Attn: Evangeline R. Gonzales
Telephone: (212)-815-3738
Facsimile: (212) 298-1915

The Company said it was informed by the exchange agent that as of 5:00 p.m. New York City time on September 1, 2005, $131,101,000 in aggregate principal amount of its $175,000,000 7.875% Senior Notes due 2013 had been tendered in the exchange offer.

This press release shall not constitute an offer to exchange nor a solicitation of an offer to exchange the original notes. The exchange offer is made only by the prospectus dated August 5, 2005.

AEP Industries Inc. manufactures, markets, and distributes an extensive range of plastic packaging products for the food/beverage, industrial and agricultural markets. The Company has operations in four countries throughout North America and Europe.

Except for historical information contained herein, statements in the release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, but are not limited to, risks associated with pricing, volume, cash flow guidance and conditions of markets. Those and other risks are described in the prospectus and the Company's filings with the Securities and Exchange Commission ("SEC") over the last 12 months, copies of which are available from the SEC or may be obtained from the Company.

Source: AEP Industries Inc.

CONTACT: Paul Feeney, Executive Vice President and Chief Financial
Officer of AEP Industries, +1-201-807-2330, feeneyp@aepinc.com

Web site: http://www.aepinc.com/

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Workshop to Focus on NanoBiomaterials Derived from Lignocellulosics

ATLANTA, Sept. 1 /PRNewswire/ -- This nation's forest resources play an important role in the economic, social, and environmental performance of the U.S. and represent one of the top five global forest reserves. Recent changes in national and international competitiveness of the forest products industry have challenged the historical position of leadership this nation has held in this important industrial sector.

These changes have resulted in a loss of current and future economic growth in many rural U.S. regions that are dependent on the forest products industry. And yet, within these challenging economic conditions, tremendous new opportunities are emerging. The recently hosted 2004 Forest Products Nanotechnology Workshop in Washington identified nanocomposites engineered from wood biopolymers as a unique material that could be readily utilized in several industrial sectors.

The objective of this workshop proposal is two-fold: To develop a broad multidisciplinary workshop directed at evaluating the research needs, opportunities, and benefits of separating, synthesizing, and engineering nanostructures from wood biopolymers into advanced materials and to provide an opportunity by which national and international experts and other interested parties in can exchange ideas and concepts providing a unique cross- disciplinary learning opportunity.

It is anticipated that this NSF sponsored workshop will be a pivotal meeting that will lead to a new vision and roadmap that will highlight the future benefits and opportunities for the development of new nanobioterials based wood. The roadmap will leverage this nation's position of leadership in nanotechnology with its preeminent renewable forest resources to develop a research roadmap that will contribute to the development of innovative value- added nanocomposites.

The meeting will be hosted at the Institute of Paper Science and Technology at the Georgia Institute of Technology on September 22nd and 23rd, 2005. You may register for the meeting at http://www.pe.gatech.edu/conted/servlet/edu.gatech.conted.course.ViewCourseDet ails?COURSE_ID=732 . (Due to length of URL, please cut and paste into browser.) For more information please contact Art.Ragauskas@ipst.gatech.edu.

For more information contact:

David Bell, Director of Development (404) 894-9592

Source: Institute of Paper Science

CONTACT: David Bell, Director of Development of Institute of Paper
Science, +1-404-894-9592

Web site: http://www.ipst.edu/

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Forest Stewardship Council (FSC) - US Certifies Potlatch's 319,000 Acres of Minnesota Forestland

MINNEAPOLIS, Sept. 1 /PRNewswire-FirstCall/ -- National, regional and Minnesota conservation organizations today joined in celebrating certification of Potlatch Corporation's (NYSE:PCH) 319,000 acres of Minnesota forestland and its Bemidji sawmill as being in compliance with the rigorous environmental, social and economic standards of the internationally recognized Forest Stewardship Council - US(R) (FSC).

"Minnesota's natural resources are a fundamental part of our quality of life and it is our responsibility to be good stewards of those resources," Governor Tim Pawlenty said in a letter to the company. "Potlatch's milestone conservation achievements highlight Minnesota's national leadership and our vision for long-term protection and the proper management of our unique natural resources."

FSC President Roger Dower also noted, "In addition to Potlatch's forest management certification of their own land, the current and projected certifications of substantial amounts of public lands in Minnesota will extend the company's ability to supply FSC-labeled products to consumers," he said. Potlatch Bemidji's lumber mill purchases timber from the state and counties.

Potlatch Chairman and Chief Executive Officer Penn Siegel received documentation of the certification during ceremonies at the University of Minnesota's St. Paul campus from Dave Bubser, USA Manager for SmartWood, FSC's registered certifier. In presenting the certificates, Bubser noted, "With the FSC certification of their 319,000 acres of Minnesota forestlands as the final step in achieving certification for their entire 1.5 MM acre land base, Potlatch has placed themselves among the vanguard of industrial timber companies in the United States. Our audit of Potlatch makes it clear that Potlatch has fully integrated the FSC standards into their core operating systems and has truly embraced the value of responsible stewardship. Potlatch has clearly distinguished itself as a leader among their peers, both regionally and nationally," he concluded.

Siegel stressed that the Minnesota FSC certifications represent yet another link in a chain of commitments to third-party oversight of the company's management practices. "With today's announcement, Potlatch's management practices on its entire forestland ownership is third-party certified under FSC and the Sustainable Forestry Initiative(R) (SFI), while our internal Environmental Management System (EMS) is certified to the International Organization for Standardization's (ISO) 14001 standards," he stated. He added that third-party certification demonstrates a commitment to stewardship publicly in ways that can benefit Potlatch shareholders as well as society and the environment. "In addition, with the chain of custody certification of our Bemidji mill nearly all of our lumber and plywood manufacturing facilities are FSC chain-of-custody certified and authorized to market products with the FSC label," he continued.

Robert Hrubes, Senior Vice President of Scientific Certification Systems (SCS) noted, "SCS is very pleased to help commemorate the accomplishment of Potlatch's company-wide FSC certification goal. Beginning with our certifications of Potlatch's Hybrid Poplar operations in Oregon, in 2001, and the Idaho Resource Management Division in 2003, Potlatch Corporation has now achieved the highest standard of independent forest management certification for all of its forest operations. With this company-wide accomplishment, Potlatch has demonstrated to the entire forest products industry that publicly traded companies can practice exemplary forestry and, by doing so, can successfully engage the FSC."

"While FSC certification is a logical extension of Potlatch's historical commitment to sound stewardship, we believe it will contribute significantly to our strategy of employing third-party certification to add to shareholder value," Siegel said. "I would first note that the process of becoming certified makes us better land managers. Our foresters, some of who are here today, will tell you that the audits we undergo are rigorous, requiring us to be more demanding of ourselves and make continuous improvements in our practices and our knowledge of our resources. As a result, not only are our lands managed better from an environmental perspective, they are also more productive. As we have gained knowledge, we have improved our harvesting practices, which in turn have helped control costs while increasing output," he explained.

Siegel added, "There appears to be a growing trend among large building products retailers, secondary manufacturers, architects, contractors and governments at all levels toward preferences for certified products, including FSC-certified products." The company's third-party certifications also continue to be instrumental in securing public and private support for cooperative conservation easements, which produce additional value for Potlatch shareholders while securing public access to the land and assuring proper management. Siegel explained that such easements are secured with the advice and partnership of conservation groups, including the Trust for Public Lands, The Conservation Fund and The Nature Conservancy.

"The Trust for Public Land is proud to work with Potlatch Corporation in Minnesota and elsewhere to protect our state's working forests," said Cynthia Whiteford, Regional Director for the Trust for Public Land. "Potlatch's Forest Stewardship Council certification is an even further commitment to manage the lands at the highest level of sustainability," added Whiteford. "The company's commitment to sustainability serves the interest of the community and supports TPL's mission of protecting land for people."

TPL and Potlatch are in the process of protecting nearly 5,000 acres in the Brainerd area through the Forest Legacy Program. A working forest easement will allow these lands to be harvested sustainably while also giving the public access for hunting, hiking and other passive outdoor recreation. This will be the largest example of the use of this conservation tool to date in Minnesota.

"The Conservation Fund applauds Potlatch for its commitment to sustaining Minnesota's working forests. This effort demonstrates a balanced approach to forestry that integrates environmental and economic objectives for land and water resources worthy of future generations," stated Tom Duffus, MN/WI State Director for The Conservation Fund (TCF). Potlatch is currently working with TCF to facilitate purchase of a portion of Potlatch lands to expand Crow Wing State Park.

The Potlatch Chief Executive Officer also praised the company's dedicated resource professionals and foresters in Minnesota and throughout the company. "In the final analysis, it is our forestry professionals, working on the ground, that make it possible for us to earn third party certifications," he said. "It is their commitment to stewardship in the forest that makes the difference," said Siegel. Siegel also extended thanks to conservation and contractor organizations that have endorsed the company's decisions to certify under FSC, including several organizations that participated in the public presentation of the FSC certificate in Minneapolis. "We are most grateful to the Forest Stewardship Council and its registered certifiers, SmartWood and Scientific Certification Systems. We deeply appreciate the support and encouragement we've received from conservation and wildlife interests, particularly the Rainforest Alliance, World Wildlife Fund and the National Wildlife Federation, as well as Trout Unlimited and the Minnesota Deer Hunters Association."

To qualify for FSC certification, Potlatch's management practices in Minnesota underwent a rigorous audit by SmartWood, the forest certification arm of the Rainforest Alliance. The findings in the audit process and Potlatch's willingness to adapt certain practices resulted in Potlatch being awarded the FSC certification.

For more information on certification, see Potlatch Corporation's website at http://www.potlatchcorp.com/ , FSCUS at http://www.fscus.org/ , Rainforest Alliance/SmartWood at http://www.rainforest-alliance.org/ or Scientific Certification Systems at http://www.scscertified.com/ .

This news release contains, in addition to historical information, certain forward-looking statements. These forward-looking statements are based on management's best estimates and assumptions regarding future events, and are therefore subject to known and unknown risks and uncertainties and are not guarantees of future performance. The company's actual results could differ materially from those expressed or implied by forward-looking statements. The company disclaims any intent or obligation to update these forward-looking statements.

Source: Potlatch Corporation

CONTACT: Media, Michael D. Sullivan, +1-509-835-1516, cell,
+1-509-951-3405, or Investors, Douglas D. Spedden, +1-509-835-1549, both of
Potlatch Corporation

Web site: http://www.fscus.org/
http://www.rainforest-alliance.org/
http://www.scscertified.com/
http://www.potlatchcorp.com/

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Packaging Dynamics Corporation Declares Cash Dividend

CHICAGO, Sept. 1 /PRNewswire-FirstCall/ -- Packaging Dynamics Corporation (NASDAQ:PKDY) (the "Company" or "Packaging Dynamics") announced that its Board of Directors has approved the payment of a cash dividend of $0.065 per share of common stock. The dividend will be paid on October 3, 2005 to shareholders of record as of September 15, 2005.

Packaging Dynamics, headquartered in Chicago, Illinois, is a flexible packaging company that laminates and converts paper, film and foil into various value-added flexible packaging products for the food service, food processing, bakery, supermarket, deli and concession markets as well as a limited number of industrial markets.

The statements contained in this press release are forward-looking and are identified by the use of forward-looking words and phrases, such as "estimates," "plans," "expects," "to continue," "subject to," "target" and such other similar phrases. These forward-looking statements are based on the current expectations of the company. Because forward-looking statements involve risks and uncertainties, the company's plans, actions and actual results could differ materially. Among the factors that could cause plans, actions and results to differ materially from current expectations are: (i) changes in consumer demand and prices resulting in a negative impact on revenues and margins; (ii) raw material substitutions and increases in the costs of raw materials, utilities, labor and other supplies; (iii) increased competition in the company's product lines; (iv) changes in capital availability or costs; (v) workforce factors such as strikes or labor interruptions; (vi) the ability of the company and its subsidiaries to develop new products, identify and execute capital programs and efficiently integrate acquired businesses; (vii) the cost of compliance with applicable governmental regulations and changes in such regulations, including environmental regulations; (viii) the general political, economic and competitive conditions in markets and countries where the company and its subsidiaries operate, including currency fluctuations and other risks associated with operating in foreign countries; and (ix) the timing and occurrence (or non-occurrence) of transactions and events which may be subject to circumstances beyond the control of the company and its subsidiaries.

Source: Packaging Dynamics Corporation

CONTACT: Mr. Patrick Chambliss of Packaging Dynamics Corporation,
+1-773-843-8000

Web site: http://www.pkdy.com/

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Alcan vende la empresa británica Print Finishing

PARIS, September 1/PRNewswire/ -- Alcan Inc. (NYSE: AL, TSX: AL) ha anunciado hoy la venta de Alcan Print
Finishers Ltd., la empresa británica imprenta de acabado final decorativo, a
Cellogas Holding Limited. No se revelaron los términos de la transacción.

"Nuestro negocio de embalaje se está moviendo estratégicamente para
obtener mayores recursos en los mercados donde ya disfrutamos de una economía
de escala y posiciones de líderazgo y donde creemos que yacen las
oportunidades más atractivas de crecimiento", dijo Christel Bories,
presidente y director ejecutivo de Alcan Packaging. "Esta transacción
permitirá a Alcan Print Finishers Ltd. beneficiarse desde una nueva
perspectiva de propietario, lo que realzará su futuro desarrollo" añadió.

Alcan Print Finishers Ltd. ofrece servicios de imprenta de acabado final
decorativo a la industria de la imprenta y emplea a 406 personas por todo el
Reino Unido. La empresa obtuvo en 2004 unos ingresos de 30 millones de libras
esterlinas.

Alcan es una empresa multinacional enfocada al mercado y un líder global
en aluminio y embalaje. Con operaciones de clase mundial en aluminio
primario, fabrica aluminio así como embalaje flexible y espcecial,
aplicaciones aerospaciales, extración de bauxita y el proceso de la alumina.
Hoy en día Alcan está bien posicionada para superar y satisfacer las
necesidades de sus clientes relacionadas con soluciones innovadoras y
servicios. Alcan emplea a casí 70.000 personas y cuenta con servicios de
explotación en 55 países y regiones.

Source: Alcan Inc.

Contacto: Sarah Harriman, tel. +44-(00)-117-958 2200, sarah.harriman@alcan.com ; Chrystele Ivins, tel. +33-6-76-92-66-99, chrystele.ivins@alcan.com; Relaciones con inversores: Corey Copeland, tel. +1-514-848-8368, investor.relations@alcan.com

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Weyerhaeuser Company Foundation Makes Direct Cash Donation of $500,000 to Support Hurricane Katrina Disaster Relief

FEDERAL WAY, Wash., Sept. 1 /PRNewswire/ -- The Weyerhaeuser Company Foundation today announced a direct cash donation of $500,000 to support relief and rebuilding efforts of areas devastated by Hurricane Katrina. This contribution represents the foundation's single largest donation to a natural disaster.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-ahttp://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b )

The half-million dollar donation will go to the American Red Cross Disaster Relief Fund to benefit storm victims in Louisiana, Mississippi and Alabama, where Weyerhaeuser has thousands of employees. The company is also encouraging employees to make financial contributions to the American Red Cross through its internal web site.

The cash donation will aid in the deployment of American Red Cross volunteers and services to the hardest hit areas of Katrina's destruction, providing shelter, food, counseling and other assistance to those in need.

"Our thoughts are with everyone who has been affected by this disaster," said Steven R. Rogel, chairman, president and chief executive officer of Weyerhaeuser Company. "Weyerhaeuser and our employees have a long history of providing support to our communities as they struggle to recover from disasters."

Weyerhaeuser employs almost 5,000 people at 44 locations in Louisiana, Mississippi and Alabama, including heavily-impacted communities in south Mississippi and Louisiana. The company manages more than 1.4 million acres of timberlands in the three states.

Rogel said that the magnitude of the destruction will require long-term support, and that Weyerhaeuser senior managers, the Weyerhaeuser Company Foundation and employees in the affected states will continue to assess and implement ways Weyerhaeuser can respond to specific needs as they are realized.

Weyerhaeuser Company (NYSE:WY), one of the world's largest integrated forest products companies, was incorporated in 1900. In 2004, sales were $22.7 billion. It has offices or operations in 19 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com/ .

For more information contact:
Frank Mendizabal, 253-924-3357
Jackie Walburn, 334-963-2270

Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
Source: Weyerhaeuser Company

CONTACT: Frank Mendizabal, +1-253-924-3357, or Jackie Walburn,
+1-334-963-2270, both of Weyerhaeuser Company

Web site: http://www.weyerhaeuser.com/

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Kimberly-Clark Corporation Provides Support to Victims of Hurricane Katrina

Cash and Product Donations, Totaling Nearly $600,000, Sent to the American Red Cross, AmeriCares and Local Medical Facilities

DALLAS, Sept. 1 /PRNewswire-FirstCall/ -- Kimberly-Clark Corporation (NYSE:KMB) today announced a cash contribution of $250,000 and product donations worth nearly $350,000 to support relief efforts in the wake of Hurricane Katrina. As a leading employer in Mobile, Ala., with approximately 800 employees, Kimberly-Clark is directing $150,000 of the cash amount to the Alabama Gulf Coast Chapter of the American Red Cross to aid victims in Alabama and Mississippi, with the remaining $100,000 earmarked for relief efforts in New Orleans.

Kimberly-Clark, through its Consumer and Business-to-Business groups, is providing about $350,000 worth of product to residents in the region. Nearly $200,000 of personal hygiene products and commercial wipers are being delivered to AmeriCares, a nonprofit disaster relief and humanitarian aid organization assisting victims in the area. The products include Huggies diapers and baby wipes, Pull-Ups training pants, Scott bathroom tissue and towels, and WypAll wipers.

To aid medical facilities in the region, Kimberly-Clark's Health Care business is providing about $150,000 of health care products, including Safeskin surgical and exam gloves, and Kimberly-Clark brand surgical drapes and gowns and face masks.

"Our deepest condolences go out to the people of Alabama, Mississippi and Louisiana who suffered the wrath of Hurricane Katrina," said Thomas J. Falk, Kimberly-Clark chairman and chief executive officer. "All of us at Kimberly- Clark hope that our donations will provide some comfort and also reassure Katrina's victims that they are not facing this crisis alone."

Virginia Liles, chapter chairperson, Alabama Gulf Coast Chapter of the American Red Cross, said: "We thank Kimberly-Clark for their quick response in providing aid to those in such need in Alabama and in the region. This contribution represents the latest support the company has provided to the Red Cross as it serves the victims of disasters."

"AmeriCares thanks Kimberly-Clark, as a valued partner, for its generous donations and for stepping forward immediately to assist with this relief effort," said Randy Weiss, manager of corporate relations at AmeriCares. "The products supplied will fulfill an instant need to survivors of the hurricane."

In addition, Kimberly-Clark, through its Foundation, will match dollar- for-dollar all employee contributions made to qualified disaster relief agencies.

The company has heard from all of its employees in Mobile and the surrounding areas and is thankful that there were no reports of injury or loss of life. The Mobile mill did not sustain any structural damage, and some operations were restarted on Wednesday of this week.

About Kimberly-Clark

Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 150 countries. Every day, 1.3 billion people -- nearly a quarter of the world's population -- trust K-C brands and the solutions they provide to enhance their health, hygiene and well-being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly- Clark holds the No. 1 or No. 2 share position in more than 80 countries. To keep up with the latest K-C news and to learn more about the company's 133-year history of innovation, visit http://www.kimberly-clark.com/ .

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/19991117/KMBLOGO
PRN Photo Desk, photodesk@prnewswire.com
Source: Kimberly-Clark Corporation

CONTACT: media, Dave Dickson, +1-972-281-1481, or ddickson@kcc.com , or
Joey Mooring, +1-972-281-1443, or joey.mooring@kcc.com , or investor
relations, Mike Masseth, +1-972-281-1478, or mmasseth@kcc.com , all of
Kimberly-Clark Corporation

Web site: http://www.kimberly-clark.com/

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Profile: 46

Alcan Sells U.K. Print Finishing Company

PARIS, September 1/PRNewswire/ -- Alcan Inc. (NYSE, TSX: AL) announced today that it has sold Alcan Print
Finishers Ltd., the U.K. decorative print finishing company, to Celloglas
Holdings Limited. Terms of the transaction were not disclosed.

"Our packaging business is moving strategically to focus greater
resources on the markets where we already enjoy substantial scale and
leadership positions and where we believe the most attractive growth
opportunities lie," said Christel Bories, President and Chief Executive
Officer, Alcan Packaging. "This transaction will enable Alcan Print
Finishers Ltd. to benefit from a new owner's perspective, which will enhance
Its future development," she added.

Alcan Print Finishers Ltd. provides decorative print finishing services
to the printing industry and employs 406 people throughout the U.K. The
company recorded 2004 revenues of pnds stlg 30 million.

Alcan is a multinational, market-driven company and a global leader in
aluminium and packaging. With world-class operations in primary
aluminium, fabricated aluminium as well as flexible and specialty packaging,
aerospace applications, bauxite mining and alumina processing, today's Alcan
is well positioned to meet and exceed its customers' needs for innovative
solutions and service. Alcan employs almost 70,000 people and has operating
facilities in 55 countries and regions.

Source: Alcan Inc.

Media Contact: Sarah Harriman, +44-(00)-117-958 2200, sarah.harriman@alcan.com ; Chrystele Ivins, +33-6-76-92-66-99, chrystele.ivins@alcan.com; Investor Contact: Corey Copeland, +1-514-848-8368, investor.relations@alcan.com

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Profile: 46

One of Nation's Largest Commercial Banks Chooses OfficeMax to Boost Efficiencies, Make Employees' Jobs Easier

Unique Purchasing Tools Allow BB&T to Streamline Its Ordering Process and Save Money

ITASCA, Ill., Sept. 1 /PRNewswire-FirstCall/ -- OfficeMax(R) (NYSE:OMX), one of the nation's largest office supply distributors, has landed a multi- year contract to help BB&T Corporation, the nation's ninth largest financial holding company, make even more efficient use of its employees' time and money.

Utilizing unique reporting tools, OfficeMax will help BB&T employees at 1,400 financial offices nationwide save time ordering office supplies by remembering their ordering history and preferences. BB&T will also be able to better identify and manage spending through the program with tools that will allow them to see ongoing procurement activity, monitor purchasing compliance and minimize costly off-contract purchases. BB&T will also benefit from special pricing on office supplies, paper and technology products.

"OfficeMax shares BB&T's vision of world-class service. We're pleased to help them make life easier for their employees by providing streamlined ordering and state-of-the-art account management," said Mike Meehan, OfficeMax senior vice president of contract sales.

The partnership also gives BB&T access to OfficeMax's Retail Connect(SM) program, where employees can purchase bank supplies at special contract prices at any one of OfficeMax's nearly 1,000 stores nationwide.

"At BB&T, we believe in continuous improvement; we're always looking for a better way to do things," said Randy Hondros, Senior Vice President and Strategic Sourcing Manager for BB&T. "OfficeMax's reporting programs, efficient ordering process and live online customer service give our bank a better way to purchase office supplies -- and our employees a better experience."

BB&T is the ninth largest financial holding company in the U.S., with total assets of $105.8 billion and more than 1,400 financial centers in 11 states and Washington, D.C. Headquartered in Winston Salem, North Carolina, the corporation and its subsidiaries offer full-service commercial and retail banking as well as insurance, investments, retail brokerage, corporate finance, treasury, international banking, leasing and trust services. BB&T trades on the New York Stock Exchange under the symbol BBT. For more information, visit http://www.bbandt.com/ .

About OfficeMax(R) Incorporated

OfficeMax(R) Incorporated is a leader in both business-to-business office products solutions and retail office products. OfficeMax delivers an unparalleled customer experience -- in service, in product, in time savings, and in value - through a relentless focus on its customers. The company provides office supplies and paper, print and document services, technology products and solutions, and furniture to consumers and to large, medium and small businesses. OfficeMax customers are served by approximately 40,000 associates through direct sales, catalogs, the Internet and nearly 1,000 superstores. OfficeMax trades on the New York Stock Exchange under the symbol OMX. To find the nearest OfficeMax, call 1-877-OFFICEMAX. For more information, visit http://www.officemax.com/ .

OfficeMax Contact Media Contact
Bill Bonner Nicole Miller, Bader Rutter & Associates
630 438 8584 262 938 5425

BB&T Contact
Randy Hondros
336 703 5599

Source: OfficeMax(R)

CONTACT: Bill Bonner of OfficeMax, +1-630-438-8584; or Nicole Miller of
Bader Rutter & Associates, +1-262-938-5425; or Randy Hondros of BB&T,
+1-336-703-5599

Web site: http://www.officemax.com/

-------
Profile: 46

Greif, Inc. Reports Third Quarter Of Fiscal 2005 Results

DELAWARE, Ohio, Aug. 31 /PRNewswire-FirstCall/ -- Greif, Inc. (NYSE: GEF; GEF.B), a global leader in industrial packaging with niche businesses in paper, corrugated packaging and timber, today announced results for its third quarter ended July 31, 2005. Net income before restructuring charges and timberland gains (special items) was $27.4 million for the third quarter of 2005 compared with $23.1 million for the third quarter of last year. Diluted earnings per share before special items were $0.93 versus $0.80 per Class A share and $1.42 versus $1.22 per Class B share for the third quarter of 2005 and 2004, respectively.

The Company reported GAAP net income of $50.7 million for the third quarter of 2005 compared with $14.9 million for the third quarter of last year. Diluted earnings per share were $1.71 versus $0.51 per diluted Class A share and $2.63 versus $0.79 per diluted Class B share for the third quarter of 2005 and 2004, respectively. The Company's third quarter of 2005 results were positively impacted by higher timberland gains and lower restructuring charges compared to the third quarter of 2004.

Michael J. Gasser, chairman and chief executive officer, said, "We are pleased with the strong cash flows and substantial reduction in debt during the third quarter, which benefited from the completion of the first phase of a significant timberland transaction. We also took action to mitigate soft market conditions, particularly in North America, by expanding commercial excellence activities and adjusting costs consistent with operating performance. We are encouraged by generally stronger order intake levels during August across our North America product portfolio. Additional contributions from the Greif Business System and benefits from our strategic sourcing initiative position us to deliver strong year-over-year improvement in 2006."

A reconciliation of the differences between all non-GAAP financial measures disclosed in this release with the most directly comparable GAAP financial measures is included in the financial schedules that are a part of this release.

Consolidated Results

Net sales rose 4 percent (2 percent excluding the impact of foreign currency translation) to $609.0 million for the third quarter of 2005 from $584.8 million for the same quarter of 2004. The net sales improvement was attributable to the Industrial Packaging & Services segment ($20.5 million increase) and the Paper, Packaging & Services segment ($7.9 million increase), partially offset by $4.2 million of lower planned sales in the Timber segment. Higher selling prices, primarily in response to higher year-over-year raw material costs, were partially offset by lower volumes for certain products, which reflected soft market conditions experienced by many of the Company's customers. These market conditions appear to be turning favorable since quarter-end.

Gross profit was $93.5 million, or 15.3 percent of net sales, for the third quarter of 2005 versus $99.9 million, or 17.1 percent of net sales, for the third quarter of 2004. Improved selling prices and additional labor and other manufacturing efficiencies related to the Greif Business System (see "Transformation to the Greif Business System below) were more than offset by higher raw material costs and lower absorption of fixed costs.

Selling, general and administrative (SG&A) expenses were $52.2 million, or 8.6 percent of net sales, for the third quarter of 2005 compared to $57.1 million, or 9.8 percent of net sales, for the same period a year ago. SG&A expenses continue to be adjusted consistent with changes in operating performance.

Operating profit before restructuring charges and timberland gains increased 2 percent to $44.1 million for the third quarter of 2005 compared to $43.2 million for the third quarter of 2004. This increase was primarily attributable to the Industrial Packaging & Services segment ($2.1 million increase) and the Paper, Packaging & Services segment ($2.1 million increase), partially offset by a $3.3 million decline in the Timber segment due to lower planned sales for the quarter. There were $5.3 million of restructuring charges for the third quarter of 2005 compared to $12.3 million for the third quarter of 2004 and $43.7 million of timberland gains for the third quarter of 2005 compared to $0.9 million of timberland gains for the third quarter of 2004. GAAP operating profit was $82.5 million for the third quarter of 2005 compared to $31.8 million for the same period last year.

Business Group Results

Industrial Packaging & Services

The Industrial Packaging & Services segment offers a comprehensive line of industrial packaging products, such as steel, fibre and plastic drums, intermediate bulk containers, closure systems for industrial packaging products and polycarbonate water bottles throughout the world. The key factors influencing profitability in the third quarter of 2005 compared to the third quarter of 2004 in the Industrial Packaging & Services segment were:

- Higher selling prices;
- Lower sales volumes for steel and fibre drums;
- Benefits from the Greif Business System;
- Higher raw material costs, especially steel and resin;
- Lower restructuring charges; and
- Impact of foreign currency translation.

In this segment, net sales rose 5 percent (3 percent excluding the impact of foreign currency translation) to $456.6 million for the third quarter of 2005 from $436.1 million for the same period last year. Selling prices rose primarily in response to higher raw material costs during the quarter, especially steel and resin, compared to the same quarter last year. Sales increased due to higher prices, which were partially offset by lower sales volumes for steel and fibre drums.

Operating profit before restructuring charges rose to $36.1 million for the third quarter of 2005 from $34.0 million for the same period a year ago. Restructuring charges were $4.8 million for the third quarter of 2005 compared to $10.4 million the prior year. The Industrial Packaging & Services segment's gross profit margin declined to 16.0 percent for the third quarter of 2005 from 18.1 percent in the third quarter of 2004. This decline was due to lower sales volumes and higher raw material costs, which were partially offset by improved selling prices and labor and other manufacturing efficiencies resulting from the Greif Business System. GAAP operating profit was $31.3 million for the third quarter of 2005 compared to $23.6 million for the third quarter of 2004.

Paper, Packaging & Services

The Paper, Packaging & Services segment sells containerboard, corrugated sheets and other corrugated products and multiwall bags in North America. The key factors influencing profitability in the third quarter of 2005 compared to the third quarter of 2004 in the Paper, Packaging & Services segment were:

- Higher selling prices;
- Higher sales volumes for containerboard;
- Lower sales volumes for corrugated sheets and containers; and
- Lower restructuring charges.

In this segment, net sales rose 6 percent to $151.6 million for the third quarter of 2005 from $143.6 million for the same period last year due to improved selling prices for this segment's products and improved sales volumes for containerboard. Sales volumes for corrugated sheets and containers were down on a year-over-year comparison.

Operating profit before restructuring charges was $7.9 million for the third quarter of 2005 compared to $5.8 million in the prior year. Restructuring charges were $0.5 million for the third quarter of 2005 versus $1.9 million a year ago. The increase in operating profit before restructuring charges was primarily due to improved selling prices and volumes in the containerboard operations, partially offset by lower sales volumes for corrugated sheets and containers and higher transportation and energy costs. GAAP operating profit was $7.4 million for the third quarter of 2005 compared to $3.9 million for the third quarter of 2004.

Timber

The Timber segment owns approximately 246,000 acres of timber properties in southeastern United States, which are actively harvested and regenerated, and approximately 37,000 acres in Canada. The key factors influencing profitability in the third quarter of 2005 compared to the third quarter of 2004 in the Timber segment were:

- Lower planned level of timber sales; and
- Higher gain on sale of timberland.

Timber net sales were $0.9 million for the third quarter of 2005 compared with $5.1 million for the third quarter of 2004. Operating profit before restructuring charges and timberland gains was $0.1 million for the third quarter of 2005 compared to $3.5 million a year ago. Restructuring charges were insignificant for the third quarter in both years. Timberland gains were $43.7 million for the third quarter of 2005 versus $0.9 million for the same quarter last year. GAAP operating profit was $43.8 million for the third quarter of 2005 compared to $4.3 million for the third quarter of 2004.

As previously reported, in May 2005, the Company completed the first phase of the sale of 56,000 acres of timberland, timber and associated assets for $90 million. In this first phase, 35,000 acres of the Company's timberland holdings in Florida, Georgia and Alabama were sold for $51.0 million, resulting in a gain of $42.1 million, in the third quarter of 2005. The second phase of this transaction is expected to occur in several installments during 2006, and the Company will recognize additional timberland gains in its consolidated statements of income in the periods that these transactions occur.

Transformation to the Greif Business System

The Company's transformation to the Greif Business System continues to generate productivity improvements and achieve permanent cost reductions. The transformation, which began in 2003, delivered annualized benefits of approximately $80 million through the end of 2004. Additional annualized benefits of approximately $35 million are expected during 2005. The opportunities continue to include, but are not limited to, improved labor productivity, material yield and other manufacturing efficiencies, coupled with further footprint consolidation. In addition, the Company has launched a strategic sourcing initiative to more effectively leverage its global spend and lay the foundation for a world-class sourcing and supply chain capability. Incremental benefits of $25 million are expected to be realized from this initiative in 2006.

In the third quarter of 2005, the Company recorded restructuring charges of $5.2 million related to the transformation to the Greif Business System, which had begun prior to October 31, 2004. These restructuring charges totaled $19.2 million for the first nine months of 2005. Management is pleased with the progress of the transformation to the Greif Business System to-date and is continuing to evaluate future rationalization options based on that progress.

In the first nine months of 2005, the Company also recorded $3.9 million of restructuring charges related to the impairment of two facilities, currently held for sale, that were closed during previous restructuring programs.

Financing Arrangements

Net debt outstanding was $360 million at July 31, 2005 compared to $431 million at October 31, 2004 and $592 million at July 31, 2004. Net debt to net capitalization was 33.7 percent at July 31, 2005 compared to 40.7 percent at October 31, 2004 and 49.8 percent at July 31, 2004.

Interest expense was $9.8 million and $10.9 million for the third quarter of 2005 and 2004, respectively. Lower average debt outstanding was partially offset by higher interest rates during the third quarter of 2005 compared to the third quarter of 2004.

Capital Expenditures

Capital expenditures were $22.6 million, excluding timberland purchases of $8.6 million, for the third quarter of 2005 compared with capital expenditures of $14.4 million, excluding timberland purchases of $4.1 million, during the same period last year.

For 2005, capital expenditures are expected to be approximately $75 million, excluding timberland purchases, which would be approximately $25 million below the Company's anticipated annual depreciation expense.

Company Outlook

Results for the Paper, Packaging & Services business are anticipated to be impacted in the fourth quarter of 2005 by the recently announced containerboard price reductions. This significant factor, coupled with higher energy and other input costs for the Company during 2005, results in management revising its earnings guidance, before special items, to $3.25 to $3.35 from $3.50 to $3.60 per Class A share for 2005.

Management remains optimistic about 2006, based on the expectation of improving market fundamentals from current levels, recent announcements related to the paper and packaging industry's rationalization of certain capacity, and stabilization of commodity prices, particularly steel. In addition, the Greif Business System will be further embedded, and approximately $25 million of incremental savings are anticipated to be realized from strategic sourcing initiatives in 2006.

Conference Call

The Company will host a conference call to discuss its third quarter of 2005 results on Thursday, September 1, 2005 at 10:00 a.m. ET at (800) 218-0204. For international callers, the number is +1 (303) 262-2131.

The conference call will also be available through a live webcast, including slides, which can be accessed at www.greif.com. A replay of the conference call will be available on the Company's Web site approximately one hour following the call.

About Greif

Greif is a world leader in industrial packaging products and services. The Company provides extensive expertise in steel, plastic, fibre, corrugated and multiwall containers for a wide range of industries. Greif also produces containerboard and manages timber properties in the United States. Greif is strategically positioned in more than 40 countries to serve multinational as well as regional customers. Additional information is on the Company's Web site at www.greif.com.

Forward-Looking Statements

All statements other than statements of historical facts included in this news release, including, without limitation, statements regarding the Company's future financial position, business strategy, budgets, projected costs, goals and plans and objectives of management for future operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "project," "believe," "continue" or "target" or the negative thereof or variations thereon or similar terminology. All forward-looking statements made in this news release are based on information currently available to management. Although the Company believes that the expectations reflected in forward-looking statements have a reasonable basis, the Company can give no assurance that these expectations will prove to be correct. Forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by the statements. Such risks and uncertainties that might cause a difference include, but are not limited to: general economic or business conditions, including a prolonged or substantial economic downturn; changing trends and demands in the industries in which the Company competes, including industry over-capacity; industry competition; the continuing consolidation of the Company's customer base for its industrial packaging, containerboard and corrugated products; political instability in those foreign countries where the Company manufactures and sells its products; foreign currency fluctuations and devaluations; availability and costs of raw materials for the manufacture of the Company's products, particularly steel, resin and old corrugated containers; price fluctuations in energy costs; costs associated with litigation or claims against the Company pertaining to environmental, safety and health, product liability and other matters; work stoppages and other labor relations matters; property loss resulting from wars, acts of terrorism or natural disasters; the Company's ability to integrate its newly acquired operations effectively with its existing business; the Company's ability to achieve improved operating efficiencies and capabilities; the frequency and volume of sales of the Company's timber and timberland; and the deviation of actual results from the estimates and/or assumptions used by the Company in the application of its significant accounting policies. These and other risks and uncertainties that could materially affect the Company's consolidated financial results are further discussed in its filings with the Securities and Exchange Commission, including its Form 10-K for the year ended October 31, 2004. The Company assumes no obligation to update any forward-looking statements.

GREIF, INC. AND SUBSIDIARY COMPANIES
CONSOLIDATED STATEMENTS OF INCOME
UNAUDITED
(Dollars in thousands, except per share amounts)

Three months ended Nine months ended
July 31, July 31,
2005 2004 2005 2004

Net sales $609,046 $584,814 $1,804,570 $1,595,863
Cost of products sold 515,575 484,921 1,524,455 1,337,259
Gross profit 93,471 99,893 280,115 258,604

Selling, general and
administrative
expenses 52,224 57,105 168,013 163,875
Restructuring charges 5,296 12,324 23,103 39,861
Gain on sale of assets 46,579 1,290 61,117 6,521
Operating profit 82,530 31,754 150,116 61,389

Interest expense, net 9,754 10,885 30,540 33,848
Debt extinguishment charge -- -- 2,828 --
Other income, net 2,401 292 3,608 1,208
Income before income
tax expense and equity
in earnings of
affiliates and
minority interests 75,177 21,161 120,356 28,749

Income tax expense 24,344 6,000 37,310 8,337

Equity in earnings of
affiliates and minority
interests (121) (292) (431) (460)

Net income $50,712 $14,869 $82,615 $19,952

Basic earnings per share:
Class A Common Stock $1.76 $0.52 $2.88 $0.71
Class B Common Stock $2.63 $0.79 $4.31 $1.06

Diluted earnings per share:
Class A Common Stock $1.71 $0.51 $2.81 $0.70

Class B Common Stock $2.63 $0.79 $4.31 $1.06

GREIF, INC. AND SUBSIDIARY COMPANIES
SEGMENT DATA
UNAUDITED
(Dollars in thousands)

Three months ended Nine months ended
July 31, July 31,
2005 2004 2005 2004

Net sales
Industrial Packaging
& Services $456,593 $436,087 $1,344,039 $1,173,167
Paper, Packaging
& Services 151,551 143,621 449,790 406,958
Timber 902 5,106 10,741 15,738
Total $609,046 $584,814 $1,804,570 $1,595,863

Operating profit
Operating profit before
restructuring charges
and timberland gains:
Industrial Packaging
& Services $36,084 $33,972 $83,174 $70,583
Paper, Packaging
& Services 7,929 5,789 27,892 13,577
Timber 109 3,453 6,984 10,928
Total operating profit
before restructuring
charges and timberland
gains 44,122 43,214 118,050 95,088
Restructuring charges:
Industrial Packaging
& Services 4,773 10,356 20,380 31,919
Paper, Packaging
& Services 523 1,923 2,664 7,757
Timber -- 45 59 185
Restructuring
charges 5,296 12,324 23,103 39,861
Timberland gains:
Timber 43,704 864 55,169 6,162
Total $82,530 $31,754 $150,116 $61,389

Depreciation, depletion
and amortization expense
Industrial Packaging
& Services $15,485 $14,474 $47,797 $48,552
Paper, Packaging
& Services 7,900 8,871 24,674 26,182
Timber 346 982 1,434 2,400
Total $23,731 $24,327 $73,905 $77,134

GREIF, INC. AND SUBSIDIARY COMPANIES
GEOGRAPHIC DATA
UNAUDITED
(Dollars in thousands)

Three months ended Nine months ended
July 31, July 31,
2005 2004 2005 2004
Net sales
North America $329,126 $327,351 $978,817 $900,845
Europe 191,202 179,335 558,688 471,282
Other 88,718 78,128 267,065 223,736
Total $609,046 $584,814 $1,804,570 $1,595,863

Operating profit
Operating profit before
restructuring charges and
timberland gains:
North America $21,229 $20,873 $58,169 $43,029
Europe 15,825 14,560 35,748 31,864
Other 7,068 7,781 24,133 20,195
Operating profit before
restructuring charges
and timberland gains 44,122 43,214 118,050 95,088
Restructuring charges 5,296 12,324 23,103 39,861
Timberland gains 43,704 864 55,169 6,162
Total $82,530 $31,754 $150,116 $61,389

GREIF, INC. AND SUBSIDIARY COMPANIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)

July 31, October 31,
2005 2004
(Unaudited)
ASSETS

CURRENT ASSETS
Cash and cash equivalents $70,810 $38,109
Trade accounts receivable 276,352 307,750
Inventories 206,235 191,457
Other current assets 101,236 75,366
654,633 612,682

LONG-TERM ASSETS
Goodwill 232,091 237,803
Intangible assets 24,550 27,524
Timber note receivable 50,891 --
Other long-term assets 55,092 54,547
362,624 319,874

PROPERTIES, PLANTS AND EQUIPMENT 844,506 880,682

$1,861,763 $1,813,238

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES
Accounts payable $235,547 $281,265
Short-term borrowings 26,050 11,621
Other current liabilities 139,914 144,332
401,511 437,218

LONG-TERM LIABILITIES
Long-term debt 404,682 457,415
Timber note securitized 43,250 --
Other long-term liabilities 301,657 287,786
749,589 745,201

MINORITY INTEREST 1,797 1,725

SHAREHOLDERS' EQUITY 708,866 629,094

$1,861,763 $1,813,238

GREIF, INC. AND SUBSIDIARY COMPANIES
GAAP TO NON-GAAP RECONCILIATION
UNAUDITED
(Dollars in thousands, except per share amounts)

Three months ended Three months ended
July 31, 2005 July 31, 2004
Diluted per share amounts Diluted per share amounts
Class A Class B Class A Class B

GAAP - operating
profit $82,530 $31,754
Restructuring
charges 5,296 12,324
Timberland gains (43,704) (864)
Non-GAAP - operating
profit before
restructuring charges
and timberland
gains $44,122 $43,214

GAAP - net income $50,712 $1.71 $2.63 $14,869 $0.51 $0.79
Restructuring
charges, net of
tax 3,966 0.13 0.21 8,824 0.31 0.46
Timberland gains,
net of tax (27,262) (0.91) (1.42) (619) (0.02) (0.03)
Non-GAAP - net income
before restructuring
charges and
timberland gains $27,416 $0.93 $1.42 $23,074 $0.80 $1.22

Nine months ended Nine months ended
July 31, 2005 July 31, 2004
Diluted per share amounts Diluted per share amounts
Class A Class B Class A Class B

GAAP - operating
profit $150,116 $61,389
Restructuring
charges 23,103 39,861
Timberland gains (55,169) (6,162)
Non-GAAP - operating
profit before
restructuring charges
and timberland
gains $118,050 $95,088

GAAP - net income $82,615 $2.81 $4.31 $19,952 $0.70 $1.06
Restructuring
charges, net of
tax 16,823 0.56 0.88 28,301 0.98 1.50
Timberland gains,
net of tax (35,578) (1.20) (1.86) (4,375) (0.15) (0.23)
Debt extinguishment
charge, net of
tax 2,059 0.07 0.11 -- -- --
Non-GAAP - net income
before restructuring
charges, debt
extinguishment charge
and timberland
gains $65,919 $2.24 $3.44 $43,878 $1.53 $2.33

Note: During the third quarter of 2005, the Company sold 35,000 acres of
timberland holdings in Florida, Georgia and Alabama. The tax effect
of the gain for this transaction is calculated using a 38.1 percent
tax rate. The other adjustments to reconcile the GAAP to non-GAAP
amounts are tax effected using the consolidated effective tax rate
excluding the impact of this timberland sale.

GREIF, INC. AND SUBSIDIARY COMPANIES
GAAP TO NON-GAAP RECONCILIATION (CONTINUED)
UNAUDITED
(Dollars in thousands)

Three months ended Nine months ended
July 31, July 31,
2005 2004 2005 2004

Industrial Packaging
& Services
GAAP - operating
profit $31,311 $23,616 $62,794 $38,664
Restructuring charges 4,773 10,356 20,380 31,919
Non-GAAP - operating
profit before
restructuring charges $36,084 $33,972 $83,174 $70,583

Paper, Packaging
& Services
GAAP - operating profit $7,406 $3,866 $25,228 $5,820
Restructuring charges 523 1,923 2,664 7,757
Non-GAAP - operating
profit before
restructuring charges $7,929 $5,789 $27,892 $13,577

Timber
GAAP - operating
profit $43,813 $4,272 $62,094 $16,905
Restructuring charges -- 45 59 185
Timberland gains (43,704) (864) (55,169) (6,162)
Non-GAAP - operating
profit before
restructuring charges
and timberland gains $109 $3,453 $6,984 $10,928

Source: Greif, Inc.

CONTACT: Analysts, Robert Lentz, for Greif, Inc., +1-614-876-2000; or
Media, Deb Strohmaier of Greif, Inc., +1-740-549-6074

Web site: http://www.greif.com/

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Pliant Announces Chief Financial Officer

SCHAUMBURG, Ill., Aug. 31 /PRNewswire/ -- Harold Bevis, President and CEO of Pliant Corporation, announced the appointment of Joe Kwederis as Chief Financial Officer. Joe joined Pliant earlier this year as Senior Vice President-Finance and has distinguished himself in that role by providing leadership to the financial organization and to Pliant.

Before joining Pliant, Joe was CFO of Dura-Line Corporation, a manufacturer of plastic extrusion products. Prior to that assignment, Joe was VP-Finance at International Wire Group. He had joined them after spending over 20 years with General Cable Corporation where he held financial management positions.

Joe received his BS in Accounting from Rutgers University and holds an MBA from the University of Connecticut.

Pliant Corporation is a leading producer of value-added film and flexible packaging products for personal care, medical, food, industrial and agricultural markets. The Company operates 25 manufacturing and research and development facilities around the world, and employs approximately 3,015 people.

For more information, please contact Trisha Feely, Vice President of Human Resources, at (847) 969-3351 or visit http://www.pliantcorp.com/ .

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, including, but not limited to, the Company's ability to fulfill its obligations under the agreements and meet milestones thereunder, successful completion of product research and development, the success of product tests and commercialization risks. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC.

Source: Pliant Corporation

CONTACT: Trisha Feely, Vice President of Human Resources of Pliant
Corporation, +1-847-969-3351

Web site: http://www.pliantcorp.com/

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Husqvarna Offers Safety Tips for Storm Clean Up

As storm clean up efforts begin, take note of these important safety tips from Husqvarna before grabbing a chain saw to clear downed branches and trees from your property.

First, read the operator's manual carefully and make sure you understand the instructions before using the machine.

Make sure you are aware of power line locations at all times. Never work around fallen power lines or cut material on or in close contact with a power line.

Use extreme caution when working on downed trees. The tension stored in a fallen tree can be powerful and substantial force may be released when the wood is cut.

Always wear approved protective apparel including a protective helmet, hearing protection, goggles or visor, gloves and chaps when operating a chain saw or other outdoor power equipment.

For additional storm clean up tips, visit Husqvarna's website at www.husqvarna.com or contact your local equipment dealer.

If severe weather has knocked down branches or trees on your property, and you need to use a chain saw for clean up, remember these important safety tips from Husqvarna:

- First, check your equipment. Choose the right sized saw for the job,
then make sure it's properly serviced and that the bar and chain is in
good condition.
- Wear safety clothing, including protective chaps, eye and ear
protection, gloves and helmet and make sure your working area is clear
of power lines and away from other people.
- Don't work when you're over-tired. Fatigue may cause you to overlook
things or take a risky shortcut.

Follow these guidelines from Husqvarna for safe, efficient storm clean up. For additional questions, contact your local equipment dealer or visit Husqvarna's website at www.husqvarna.com.

Contact: Kristi Spencer
Communications Manager
Husqvarna
704-921-6864
kristi.spencer@electrolux.com

PRNewswire -- Aug. 31

Source: Husqvarna

Web site: http://www.husqvarna.com/

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Georgia-Pacific Selects La Agencia de Orci as First Hispanic Agency of Record

Leading Hispanic Marketing Agency Launches Ad Campaign for Brawny(R) Paper Towels

LOS ANGELES, Aug. 31 /PRNewswire/ -- Georgia-Pacific Corp. has stepped into the Hispanic marketing arena by selecting La Agencia de Orci & Asociados, one of the largest independently owned Hispanic marketing agencies in the U.S., as its Hispanic advertising agency of record. Orci has been charged with marketing Georgia-Pacific's wide array of brands to the U.S. Hispanic market. The first assignment, to create the first Hispanic targeted campaign for Brawny paper towels, will launch this week with TV spots and is part of an integrated advertising/sales promotion program designed entirely by La Agencia de Orci for Western markets.

"Orci has displayed the unique potential to mold our brand into a Hispanic household name and we are very encouraged with the agency's superior retail capabilities," says Gino Biondi, Director Brawny Marketing. "We are looking to grow in many new areas and build the strength of our brand, and the partnership with La Agencia de Orci is a critical part of our developing integrated marketing efforts for the future."

Orci will provide Georgia-Pacific with services such as research, account planning, creative development, production, language services and retail displays. The first assignment is for Brawny towels and included in-depth research, which was conducted with Hispanic consumers throughout the country, before the final advertising concepts were developed. The first Spanish-language campaign ever for Brawny(R) will include a media mix with TV, radio, in-store sales promotions and community events. The TV spots will break this week.

"Georgia-Pacific's decision to address Latinos is an undeniable sign that corporate America continues to recognize the tremendous opportunity in the nearly $700 billion U.S. Hispanic market," states Dilys Tosteson Garcia, President & COO of La Agencia de Orci & Asociados. "We are proud to be part of Georgia-Pacific's growth. We know the U.S. Latino market, we understand the target consumer and their behavior. We understand the client's challenges and can deliver the marketing results that Georgia-Pacific wants for their brands."

About Georgia-Pacific

Headquartered at Atlanta, Georgia-Pacific is one of the world's leading manufacturers and marketers of tissue, packaging, paper, building products and related chemicals. With 2004 annual sales of $20 billion, the company employs approximately 55,000 people at more than 300 locations in North America and Europe. Its familiar consumer tissue brands include Quilted Northern(R), Angel Soft(R), Brawny(R), Sparkle(R), Soft 'n Gentle(R), Mardi Gras(R), So-Dri(R), and Vanity Fair(R), as well as the Dixie(R) brand of disposable cups, plates and cutlery. Georgia-Pacific's building products manufacturing business has long been among the nations leading suppliers of building products to lumber and building materials dealers and large do-it-yourself warehouse retailers. For more information, visit www.gp.com.

About La Agencia de Orci & Asociados

Founded 18 years ago, La Agencia de Orci & Asociados is today one of the largest independently owned Hispanic marketing agencies in the country. La Agencia is headquartered in Los Angeles, with additional offices in Chicago and New York. The agency generated $100 million in billings from U.S. Hispanic marketing campaigns in 2004 for major national brands such as Allstate, Honda, CASA (National Court Appointed Special Advocates), La Opinion, McNeil Nutritionals and Verizon. In addition, the agency actively provides support for pro bono and community marketing accounts such as the Children's Bureau of Southern California, the Latino Scholarship Achievement Corporation (LSAC) and the Mexican American Legal Defense and Educational Fund (MALDEF). More information can be found by visiting www.laagencia.com.

Source: La Agencia de Orci & Asociados

CONTACT: W. Jason Grimley of Spelling Communications, +1-310-477-9500,
jgrimley@spellcom.com, for La Agencia de Orci & Asociados; or Anna Umphress of
Georgia-Pacific, +1-404-652-4627, acumphre@gapac.com

Web site: http://www.laagencia.com/
http://www.gp.com/

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Profile: 46

Irwin Bank & Trust Renews Longtime Partnership With Deluxe

Deluxe Solutions Enable Irwin to Meet Strategic Business Objectives

ST. PAUL, Minn., Aug. 31 /PRNewswire-FirstCall/ -- Deluxe Financial Services today announced the renewal of its longstanding agreement with Irwin Bank & Trust, headquartered in Irwin, Penn. Under the new contract, Deluxe will continue to provide the bank with quality check printing and related services. The relationship is based on the two companies' shared dedication to making customer interactions compelling and memorable through fully managed product offerings and innovative business solutions.

"Deluxe is an engaged partner who understands our business," said Robert Michaud, Vice President of Marketing for Irwin Bank & Trust. "This agreement is a testament to the successful relationship between our two organizations. We look forward to a continued partnership as Deluxe's quality products and solutions help us increase satisfaction and loyalty, ensuring we remain the 'bank of the future' for our customers."

Throughout the relationship, fully managed offerings from Deluxe have helped Irwin drive revenue and improve customer satisfaction. Irwin was among the first financial institutions to adopt the Deluxe Business Advantage(SM) program, a comprehensive solution designed to maximize business check programs by offering personalized service for small businesses and branch employees. The program empowers banks with the unique resources to better serve the growing number of small business customers.

Under the agreement, Irwin will continue taking full advantage of DeluxeSelect(SM), a comprehensive check ordering program that provides financial institutions greater benefits by partnering more closely with Deluxe for customer service, support, sales and product knowledge. DeluxeSelect offers customers the right choices regarding check-related products by making them more aware of the products available to them, and by providing easy and convenient ordering channels.

"Our extended relationship with Irwin Bank & Trust reflects Deluxe's continued role as a trusted, valued partner for financial institutions," said Chuck Feltz, president, Deluxe Financial Services. "We anticipate many more years of a continued partnership working to deliver the highest service standards and superior products that customers expect and financial institutions need to remain a competitive force in the banking industry."

About Deluxe Financial Services

Deluxe Financial Services (Deluxe) is a business unit of Deluxe Corporation (NYSE:DLX). Building on the company's history as the leading check printer, Deluxe uses its knowledge and understanding of consumer and business preferences to orchestrate outstanding client experiences for the financial institutions it serves. Deluxe offers a variety of checks and related products to enhance consumer satisfaction, strengthen check program security, increase revenue and improve efficiency. More information about Deluxe is available at http://www.deluxe.com/ .

About Irwin Bank & Trust

Irwin Bank is headquartered in Irwin, Penn., near Pittsburgh. The company operates 11 retail offices and two loan centers in Westmoreland and Allegheny Counties and has $675 million in assets.

Source: Deluxe Corporation

CONTACT: Maureen Hatteberg of Deluxe Financial Services,
+1-651-483-7503, or Cate Dobyns of Weber Shandwick, +1-952-346-6328

Web site: http://www.deluxe.com/

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Profile: 46

Cadmus Communications Releases Rapid Review(TM) Version 3.0 with Improved Features for Authors and Publishers

RICHMOND, Va., Aug. 31 /PRNewswire-FirstCall/ -- Cadmus Communications Corporation (NASDAQ:CDMS) announced that it has released version 3.0 of Rapid Review, an online manuscript submission and tracking system for publishers. This new release offers significant upgrades to enhance ease-of-use and flexibility for authors during the submission process. It also increases publisher customization options at a lower cost by providing more flexibility to configure workflows and forms to meet publishers' specific needs.

"All new capabilities were developed to directly reflect the feedback we've received about the evolving needs of Rapid Review customers," stated Hai Tran, Executive Vice President of Business Development. "We serve a mix of both large and small society customers and version 3.0 enhancements allow us to provide the flexibility needed by these different organizations. With this new release, we have made it far more cost-effective for smaller organizations to implement an online submission system."

Tran continued, "Additionally we have responded to feedback from authors to build more flexibility into the submission process by adding user-friendly submission guides and flexible navigation options to support individual workflow preferences. These additions will reduce the support burden on the publisher's staff and increase author satisfaction."

Rapid Review is a web-based manuscript submission and tracking solution that enables publishers of peer-reviewed publications to manage their complete review process online -- reducing review processing times and lowering administrative overhead costs.

"Cadmus ... Serving Education, Science, Health"

Cadmus Communications Corporation provides end-to-end, integrated graphic communications services to professional publishers, not-for-profit societies and corporations. Cadmus is the world's largest provider of content management and production services to scientific, technical and medical journal publishers, the fifth largest periodicals printer in North America, and a leading provider of specialty packaging and promotional printing services. For information about the innovative technologies and products developed for publishers by Cadmus, visit http://www.cadmus.com/.

CONTACT: Mark Anderson Vice President, Marketing, of Cadmus Communications, +1-804-287-3664.

Source: Cadmus Communications Corporation

CONTACT: Mark Anderson Vice President, Marketing, of Cadmus
Communications, +1-804-287-3664,

Web site: http://www.cadmus.com/

Company News On-Call: http://www.prnewswire.com/comp/115581.html

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Profile: 46

Multi-Color Upgrades Its Shrink Sleeve Production Capabilities

CINCINNATI, Aug. 31 /PRNewswire-FirstCall/ -- Multi-Color Corporation (NASDAQ:LABL) significantly upgraded its shrink sleeve label production capabilities with the addition of a seamer and two inspector / rewinders from Stanford Products. This purchase is part of Multi-Color's continued investment in the rapidly growing shrink sleeve market.

Multi-Color's new seamer is designed to eliminate the problem of open seams that are the major cause of label applicator downtime. This new system provides precise solvent application control that is matched with machine speed ensuring consistent metering of solvent. The seamer is the fastest available on the market today, providing the capacity to handle increasing shrink sleeve production at economical prices to Multi-Color's customer base.

Designed specifically for shrink sleeve applications, Multi-Color's new inspector / rewinders perform 100% inspection at high speeds and produce smooth flat finished rolls. The oscillating action of the winder reduces the pressure on the seams and folds making them less visible on the finished product.

"We reviewed a number of systems and this is the most advanced shrink sleeve production technology available," said Murray White, Vice President, Operations for Multi-Color. "When combined with our print capabilities, our new finishing equipment truly makes Multi-Color Corporation a world-class producer of shrink sleeve labels."

Multi-Color Corporation produces shrink sleeves in up to ten colors using rotogravure and flexography.

About Multi-Color (http://www.multicolorcorp.com/)

Cincinnati, Ohio based Multi-Color Corporation is a premier global resource of innovative decorating solutions and packaging services to consumer product and food and beverage companies, national retailers and container manufacturers worldwide. Multi-Color is the world's largest producer of both in-mold labels (IMLs) and heat transfer labels (HTLs), and a major manufacturer of high-end cut-and-stack and pressure sensitive labels and shrink sleeves. The Company's Packaging Services Division, Quick Pak, is a leading provider of promotional packaging, assembly and fulfillment services. Multi-Color has nine manufacturing locations in the United States. Its products are shipped to more than 650 customers in the U.S., Canada, Mexico, Central and South America.

Source: Multi-Color Corporation

CONTACT: Dave Klotter, Manager of Marketing, Multi-Color Corporation,
+1-513-345-1153

Web site: http://www.multicolorcorp.com/

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Profile: 46

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Friday, September 02, 2005

Hancock Timber Resource Group Completes PruTimber Acquisition

Universal Forest Products Wins Cool Places to Work Award

Kimberly-Clark Professional to Donate Cold and Flu Packages to University of Alberta Students

Child Health Stamp

AEP Industries Inc. Extends 7.875% Senior Notes Exchange Offer

Thursday, September 01, 2005

Workshop to Focus on NanoBiomaterials Derived from Lignocellulosics

Forest Stewardship Council (FSC) - US Certifies Potlatch's 319,000 Acres of Minnesota Forestland

Packaging Dynamics Corporation Declares Cash Dividend

Alcan vende la empresa británica Print Finishing

Weyerhaeuser Company Foundation Makes Direct Cash Donation of $500,000 to Support Hurricane Katrina Disaster Relief

Kimberly-Clark Corporation Provides Support to Victims of Hurricane Katrina

Alcan Sells U.K. Print Finishing Company

One of Nation's Largest Commercial Banks Chooses OfficeMax to Boost Efficiencies, Make Employees' Jobs Easier

Wednesday, August 31, 2005

Greif, Inc. Reports Third Quarter Of Fiscal 2005 Results

Pliant Announces Chief Financial Officer

Husqvarna Offers Safety Tips for Storm Clean Up

Georgia-Pacific Selects La Agencia de Orci as First Hispanic Agency of Record

Irwin Bank & Trust Renews Longtime Partnership With Deluxe

Cadmus Communications Releases Rapid Review(TM) Version 3.0 with Improved Features for Authors and Publishers

Multi-Color Upgrades Its Shrink Sleeve Production Capabilities