ASG Sells U.S., Mexico and Asia Gravure Assets to Amcor

  ASG Sells U.S., Mexico and Asia Gravure Assets to Amcor

   Sale allows ASG to focus on core packaging segments and growing regions

Business Wire

STAMFORD, Conn. -- February 15, 2013

AGI-Shorewood Group (ASG), a leading global specialty-packaging manufacturer,
today announced it has sold its gravure assets in the United States, Mexico
and Asia to Amcor Limited, the world’s largest packaging company.

“The sale of  select gravure assets to Amcor is a strategic milestone that
helps ASG focus our energy and investment on customers in our core North
America and Europe specialty-packaging markets and on growing regions across
Asia, Poland, and Latin America including Mexico,” said Mike Ukropina,
President and CEO of AGI-Shorewood Group. “ASG remains dedicated to the
flawless supply of award-winning packaging to our customers in the consumer
products and home entertainment segments.”

“The acquisition strengthens our value proposition to customers in three
critical areas,” said Peter Konieczny, President, Amcor Tobacco Packaging.
“Through the acquisition, we expand our presence in the emerging markets of
Asia and Latin America,enhance our innovation capabilities, and welcome
strong new talent into our organisation, all focused on meeting the needs of
our global and regional customers.”

While ASG will exit tobacco packaging and gravure printing in most of its
regions globally, the company will continue to own and operate its Smiths
Falls, Canada plant which provides innovative consumer gravure packaging like
MagneteX — the world’s first automated inline process for creating magnetized
product packaging.

With this transaction complete, Ukropina said the company can now focus on
serving its packaging customers in health and beauty, pharmaceutical,
confectionery, home entertainment, consumer electronics, spirits, and sporting
goods through its 19 plants and eight creative services centers worldwide. “We
believe the intense focus of an organization — in terms of customer service,
innovation, capital and operational excellence — is the pathway to great
performance for our customers and ultimately for our shareholders,” he said.
“At the same time, Amcor gains a strong tobacco packaging business to enhance
their global platform. We wish Amcor and our talented former employees great
success, and we will work to ensure a smooth transition for customers and
operations in the coming months.”

Moving forward, ASG continues to operate manufacturing facilities on four
continents — North America, Europe, Asia and Latin America. In addition, ASG
maintains creative services offices in the U.S., U.K., France, China and
Australia, as well as plastic injection-molding plants in the U.S., U.K.,
Germany and Poland.

About Amcor

Amcor Limited is a global leader in responsible packaging solutions, employing
more than 33,000 people worldwide and operating in 42 countries across 300
sites.Amcor supplies a broad range of plastic (rigid and flexible), fiber,
metal and glass packaging solutions to enhance the products consumers use in
everyday life. Amcor also provides packaging-related services that help
customers succeed through collaboration and innovation driven by art and
science. Amcor is headquartered in Melbourne, Australia, and is listed on the
Australian Securities Exchange. Visit www.amcor.com for more information.

About ASG

ASG, which is comprised oftwo separate legal entities — AGI-Shorewood U.S.
and AGI-Shorewood International — is a leading specialty packaging company
that delivers innovative packaging solutions for the world’s premier consumer
brands. Key packaging segments ASG serves include health and beauty,
pharmaceutical, home entertainment, consumer electronics, confectionery and
specialty foods, spirits, and sporting goods. AGI-Shorewood U.S. and
AGI-Shorewood International collectively employ 3,000 people, operating 19
lithographic, flexographic, digital, and specialty gravure print and
injection-molded plastics manufacturing facilities in North America, Europe,
Asia, and Latin America with eight creative services centers in the U.S.,
U.K., France, China, and Australia. For more details about ASG products and
services, visitwww.asg-worldwide.com.

Contact:

AGI-Shorewood
Camille Lee, 310-280-1781
camille.lee@asg-worldwide.com
or
Amy Shelton Little, 203-541-8146
amy.shelton@asg-worldwide.com