Interim Management Statement

14 November 2013

Rexam, the global consumer packaging company, today issues its interim management statement for the period from 1 July 2013.

Results for the Group are in line with our expectations. Our financial position is unchanged from that at 30 June 2013.

Overall global volumes in Beverage Cans were up 3% in Q3. Improved volume growth in Western Europe over the summer was partially offset by weakness in Russia and a difficult trading environment in Egypt and Turkey. In North America, the expected contractual gains drove our strong performance. In South America, good growth in specialty cans was offset by continued weakness in standard cans and we are rapidly adapting our manufacturing footprint to meet this changing market dynamic.

The process to divest the Healthcare business is progressing according to plan.

Looking into next year, while we anticipate some volume growth, we will have to contend with the difficult macroeconomic backdrop in Europe, the impact of a maturing specialty can market in North America and foreign exchange translation headwinds.

Graham Chipchase, Rexam's Chief Executive said:

"Overall performance was in line with our plans. Volumes in North America were strong, and better summer weather helped trading in Western Europe, although there has been continued weakness in Russia. We continue to expect our full year performance to show improvement over 2012.

We will continue with our strategy of optimising cash, managing costs and driving return on capital employed. Our ROCE target remains 15%, and we are committed to maintaining returns around that level as we take advantage of the opportunities to grow the business."

Enquiries

Investors

Sandra Moura, Head of Investor Relations, Rexam +44 20 7227 4100

Media

Jonathan Thornton, Head of Communications, Rexam +44 20 7227 4100

Katharine Wynne, Tulchan Communications +44 20 7353 4200

Martin Robinson, Tulchan Communications +44 20 7353 4200

Rexam will host a conference call for investors and analysts on Thursday 14 November at 8am (UK time).

Participants dial-in number:

UK Participant dial-in: + 44 20 3139 4830 or 0808 237 0030

US Participant dial-in: +1 718 873 9077 or +1 866 928 7517

Participant PIN Code: 51098696#

A replay service will be available until 28 November 2013:

UK replay: +44 20 3426 2807 or 0808 237 0026

US replay: +1 866 535 8030

Replay PIN Code: 642485#

Editors' notes:

Rexam is a global consumer packaging company. We are one of the leading global beverage can makers and a major global player in rigid plastic packaging for healthcare applications. We are business partners to some of the world's most famous and successful consumer brands. Our vision is to be the best global consumer packaging company.We have 67 manufacturing plants in 24 countries and employ around 11,000 people. Our sales from continuing operations in 2012 were in the region of £4.3 billion.Rexam is a member of the FTSE 100 and its ordinary shares are listed with the UK Listing Authority and trade on the London Stock Exchange under the symbol REX. For further information, visit www.rexam.com.