Sealed Air Corporation : Sealed Air Announces Closing of Offering of 5.25% Senior Notes Due 2023

  Sealed Air Corporation : Sealed Air Announces Closing of Offering of 5.25%
                            Senior Notes Due 2023

ELMWOOD PARK, N.J., Thursday, March 21, 2013 - Sealed Air Corporation ("Sealed
Air" or  the  "Company")  (NYSE:  SEE) today  announced  the  closing  of  the 
previously announced offering  of $425 million  aggregate principal amount  of 
5.25% senior notes due 2023 (the  "Notes"). The Notes were sold to  investors 
at 100.0% of their aggregate principal amount.

The Company is using the  net proceeds from the  offering of the Notes,  along 
with cash  on  hand,  to repurchase  and  satisfy  and discharge  all  of  its 
outstanding 7.875% Senior Notes due 2017.

The  Notes  and  related  guarantees  have  been  offered  only  to  qualified 
institutional buyers under Rule 144A of the Securities Act of 1933, as amended
(the "Securities Act"), and  to non-U.S. persons  in transactions outside  the 
United States under Regulation  S of the Securities  Act. The Notes have  not 
been registered under the Securities Act,  and, unless so registered, may  not 
be offered or sold in the  United States absent registration or an  applicable 
exemption  form,  or  in  a  transaction  not  subject  to,  the  registration 
requirements of the Securities Act and other applicable securities laws.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any securities nor has there been any sale of these securities
in any state or other jurisdiction  in which such offer, solicitation or  sale 
would be unlawful prior to registration or qualification under the  securities 
laws of any such state or other jurisdiction.

Business

Sealed Air is a  global leader in food  safety and security, facility  hygiene 
and product protection. With  widely recognized and  inventive brands such  as 
Bubble Wrap® brand  cushioning, Cryovac^® brand  food packaging solutions  and 
Diversey^TM brand cleaning and hygiene solutions, Sealed Air offers  efficient 
and sustainable solutions  that create business  value for customers,  enhance 
the quality  of  life  for  consumers and  provide  a  cleaner  and  healthier 
environment  for  future   generations.  Sealed  Air   generated  revenue   of 
approximately $7.6 billion in 2012, and has approximately 25,000 employees who
serve customers in 175 countries.

Forward-Looking Statements

Company statements in this press  release may be "forward-looking  statements" 
within the meaning  of the Private  Securities Litigation Reform  Act of  1995 
concerning our  business,  consolidated  financial condition  and  results  of 
operations. These statements  include comments  as to future  events that  may 
affect the Company, which are based upon management's current expectations and
are subject to uncertainties, many of which are outside the Company's control.
Forward-looking statements can be identified  by such words as  "anticipates," 
"expects,"  "believes,"  "plan,"  "could,"  "estimate,"  "will"  and   similar 
expressions.  A  variety  of  factors  may  cause  actual  results  to  differ 
materially from these expectations, including: economic conditions  affecting 
packaging utilization;  changes in  raw material  costs; currency  translation 
effects; and  legal proceedings.  For more  extensive information,  see  "Risk 
Factors" and "Cautionary Notice  Regarding Forward-Looking Statements,"  which 
appear in our most recent  Annual Report on Form 10-K,  as may be revised  and 
updated from time to time  by our Quarterly Reports  on Form 10-Q and  Current 
Reports on Form  8-K, as filed  with the Securities  and Exchange  Commission. 
These reports  are  available  on the  Securities  and  Exchange  Commission's 
website  at   www.sec.gov   or   our   Investor   Relations   home   page   at 
http://ir.sealedair.com. Sealed  Air  does  not undertake  any  obligation  to 
publicly  update   any  forward-looking   statement  to   reflect  events   or 
circumstances after the date on which any such statement is made or to reflect
the occurrence of unanticipated events.

Contact

Bill Thomas
Assistant Treasurer and Interim Director, Investor Relations
201-703-4136
Investor.relations@sealedair.com



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Source: Sealed Air Corporation via Thomson Reuters ONE
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