Interim Management Statement

18 April 2013

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

Overall results for the Group are in line with our expectations. Our global can volume growth of 3% was slightly lower than expected, but the financial impact was offset by foreign exchange translation benefits and cost savings.

Volume growth in Beverage Cans was driven by anticipated contractual gains in North America. In Europe, good growth in Scandinavia was largely offset by weakness in Russia and a slow start to the year in the rest of Western Europe. Growth in Africa, Middle East and Asia was strong throughout the region. In South America, our volumes were slightly down due to unfavourable mix. However, the new plant in Belem has now begun production and will allow us to capture growth in standard cans in the northern region and free up capacity to meet specialty can demand.

Our Healthcare business is trading as expected, with growth in drug delivery devices and a good flu season offsetting some pricing pressures and volume weakness in our primary packaging business.

Since 31 December 2012 our net debt has increased following the £395m return of cash arising from the sale of Personal Care.

Graham Chipchase, Rexam's Chief Executive said: "Overall financial performance was in line with our expectations. Although volume growth so far has been slower than anticipated, especially towards the end of the quarter, this was offset by foreign exchange translation benefits and cost savings. It is still early in the year, and the busy summer season traditionally influences our full year results. We continue to expect to make further progress in 2013 and remain on track to achieve our 15% return on capital employed target."

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 18 April at 8am (UK time).

Participants dial-in number:

UK: + 44 (0)20 3139 4830

US: +1 718 873 9077

Password: 98299860#

A replay service will be available until 2 May 2013:

Dial-in number:

UK Toll Free: +44 (0)20 3426 2807

US Toll Free: +1 866 535 8030

Password: 637977#

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.