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Smurfit Kappa Group plc: Proposed Transaction

27th Jan 2010 11:00

Smurfit Kappa Group plc

SKG.I SKG.L

Dublin, London, 27 January, 2010 Smurfit Kappa Group plc ('SKG') confirms that negotiations are progressing concerning a transaction that would involve SKG acquiring Mondi Group's corrugated operations in the United Kingdom and Mondi Group acquiring SKG's European sack converting operations.

The transaction is subject to the normal procedures and conditions attaching to such transactions and is also subject to regulatory clearances.

There is no certainty that any such transaction will occur. A further announcement may be made as appropriate.

ENDS

Contacts

Bertrand Paulet

Smurfit Kappa Group

Tel: +353 1 202 71 80

E-mail:[email protected]

FD K Capital Source

Tel: +353 1 663 36 80

E-mail: [email protected]

Copyright Business Wire 2010


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