Jarden Reports Record Third Quarter Results

                 Jarden Reports Record Third Quarter Results

Record Third Quarter Net Sales of $1.8 Billion

Third Quarter Net Sales Growth of 5.6%

Third Quarter Organic Net Sales Growth of 5.6%

Record Third Quarter Operating Earnings

PR Newswire

RYE, N.Y., Oct. 30, 2013

RYE, N.Y., Oct.30, 2013 /PRNewswire/ -- Jarden Corporation (NYSE:JAH) today
reported its financial results for the three and nine months ended September
30, 2013.

For the three months ended September 30, 2013:

  oOrganic net sales grew 5.6% or $96 million;
  oReported net sales were $1.8 billion, compared to $1.7 billion for the
    same period in 2012;
  oReported gross margin was 29.1% for 2013 compared to 29.4% for the same
    period in 2012;
  oNet income was $94.9 million, compared to $76.9 million for the same
    period in 2012;
  oEarnings per share was $0.85 per diluted share, compared to $0.66 per
    diluted share for the same period in 2012;
  oAdjusted gross margin was 29.5% compared to 30.0% for the same period in
    2012;
  oAdjusted net income was $117.1 million, compared to $104.0 million for the
    same period in 2012; and
  oAdjusted diluted earnings per share was $1.04 per diluted share, compared
    to $0.90 per diluted share for the same period in 2012.

For the nine months ended September 30, 2013:

  oOrganic net sales grew 4.5% or approximately $220 million;
  oReported net sales were $5.1 billion, compared to $4.9 billion for the
    same period in 2012;
  oReported gross margin was 28.8% for 2013, compared to 29.1% for the same
    period in 2012;
  oNet income was $166.9 million, compared to $195.2 million for the same
    period in 2012;
  oEarnings per share was $1.51 per diluted share, compared to $1.63 per
    diluted share for the same period in 2012;
  oAdjusted gross margin was 29.1% compared to 29.3% for the same period in
    2012;
  oAdjusted net income was $245.9 million, compared to $232.0 million for the
    same period in 2012; and
  oAdjusted diluted earnings per share was $2.22 per diluted share, compared
    to $1.94 per diluted share for the same period in 2012.

"During the third quarter, we maintained our momentum from the first half of
the year, reporting organic sales growth faster than our 3-5% targeted
long-term average organic growth, record earnings, and adjusted diluted
earnings per share growth of 16% versus the prior year quarter," stated Martin
E. Franklin, Executive Chairman. "The quarter also marked an exciting time in
our history with the announcement of the Yankee Candle acquisition. We expect
the strength of our Jarden businesses and the accretive acquisition of Yankee
Candle to help continue our positive performance trends."

James E. Lillie, Chief Executive Officer, commented, "I am pleased with the
performance of our business in the third quarter. Broad based business
strength drove our top line performance and SG&A control has translated into
overall EBITDA margin expansion in the quarter. The diversity of Jarden's
business continues to help us maximize growth opportunities and at the same
time, minimize dependence on any single brand, product, retailer, or region.
We continue to make positive progress both in our core business, as well as on
the planning and integration activities surrounding our recent acquisition of
Yankee Candle."

All earnings per share and shares outstanding amounts have been adjusted to
reflect the effect of the 3-for-2 split of the Company's outstanding shares of
common stock that occurred during the first quarter of 2013.

Please see the schedule accompanying this release for a reconciliation of
non-GAAP organic net sales growth, adjusted gross margins, segment earnings,
adjusted net income and adjusted basic and diluted earnings per share to the
comparable GAAP measures.

The Company will be hosting a conference call at 4:30 p.m. (EDT) today,
October 30, 2013, to further discuss its third quarter results. To listen to
the call by telephone, please dial 800-768-6544 (domestic) or 785-830-7990
(international) and provide passcode: 2932702. The call will be simultaneously
webcast at www.jarden.com. Supplemental information can be found in the For
Investors section of the Company's website. A replay of the call and webcast
will be available for three weeks shortly after completion of the live call.
To access the replay, call 888-203-1112 (domestic) or 719-457-0820
(international) and provide passcode: 2932702 or visit www.jarden.com.

Jarden Corporation is a leading provider of a diverse range of consumer
products with a portfolio of approximately 120 trusted, quality brands sold
globally. Jarden operates in three primary business segments through a number
of well recognized brands, including: Outdoor Solutions: Abu Garcia®,
AeroBed®, Berkley®, Campingaz® and Coleman®, ExOfficio®, Fenwick®, Gulp!®,
Invicta®, K2®, Marker®, Marmot®, Mitchell®, Penn®, Rawlings®, Shakespeare®,
Stearns®, Stren®, Trilene®, Volkl® and Zoot®; Consumer Solutions: Bionaire®,
Breville®, Crock-Pot®, FoodSaver®, Health o meter®, Holmes®, Mr. Coffee®,
Oster®, Patton®, Rival®, Seal-a-Meal®, Sunbeam®, VillaWare® and White
Mountain®; and Branded Consumables: Ball®, Bee®, Bernardin®, Bicycle®, Billy
Boy®, Crawford®, Diamond®, Dicon®, Fiona®, First Alert®, First Essentials®,
Hoyle®, Kerr®, Lehigh®, Lifoam®, Lillo®, Loew Cornell®, Mapa®, NUK®, Pine
Mountain®, Quickie®, Spontex®, Tigex ® and Yankee Candle®. Headquartered in
Rye, N.Y., Jarden ranks #371 on the Fortune 500 and has over 25,000 employees
worldwide. For in-depth information about Jarden, please visit www.jarden.com.

Note: This news release contains "forward-looking statements" within the
meaning of the federal securities laws and is intended to qualify for the safe
harbor from liability established by the Private Securities Litigation Reform
Act of 1995, including statements regarding the Company's earnings per share
and adjusted diluted earnings per share, expected or estimated revenue,
segment earnings, net interest expense, income tax provision, cash flow from
operations, and reorganization and other non-cash charges, the outlook for the
Company's markets and the demand for its products, consistent profitable
growth, free cash flow, future revenues and gross, operating and EBITDA margin
improvement requirement and expansion, organic net sales growth, performance
trends, bank leverage ratio, the success of new product introductions, growth
in costs and expenses, the impact of commodities, currencies and
transportation costs and the Company's ability to manage its risk in these
areas, repurchase of shares of common stock from time to time under the
Company's stock repurchase program, our ability to raise new debt, and the
impact of acquisitions, divestitures, restructurings, and other unusual items,
including the Company's ability to integrate and obtain the anticipated
results and synergies from its consummated acquisitions. These projections and
statements are based on management's estimates and assumptions with respect to
future events and financial performance and are believed to be reasonable,
though are inherently uncertain and difficult to predict. Actual results could
differ materially from those projected as a result of certain factors. A
discussion of factors that could cause results to vary is included in the
Company's periodic and other reports filed with the Securities and Exchange
Commission.



JARDEN CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

(in millions, except earnings per share)
               Three months ended
               September 30, 2013                      September 30, 2012
                                                                            
                                          Adjusted
                 As                                   As                      Adjusted
                 Reported                 (non-GAAP)
                            Adjustments                Reported   Adjustments   (non-GAAP)
                 (GAAP)                   (1)(2)(4)
                 (2)        (1)(4)                     (GAAP)     (1)(4)        (1)(2)(4)
                                                       (2)
Net sales      $ 1,800.8  $ --          $ 1,800.8    $ 1,705.9  $ --          $ 1,705.9
Cost of sales    1,277.6    (8.5)         1,269.1      1,204.9    (11.2)        1,193.7
Gross profit     523.2      8.5           531.7        501.0      11.2          512.2
Selling,
general and      325.9      (11.6)        314.3        322.9      (16.6)        306.3
administrative
expenses
Reorganization   3.0        (3.0)         --           9.3        (9.3)         --
costs, net
Operating        194.3      23.1          217.4        168.8      37.1          205.9
earnings
Interest         47.5       (4.9)         42.6         46.1       (0.3)         45.8
expense, net
Income before    146.8      28.0          174.8        122.7      37.4          160.1
taxes
Income tax       51.9       5.8           57.7         45.8       10.3          56.1
provision
Net income     $ 94.9     $ 22.2        $ 117.1      $ 76.9     $ 27.1        $ 104.0
Earnings per
share:
Basic          $ 0.85                   $ 1.05       $ 0.67                   $ 0.91
Diluted        $ 0.85                   $ 1.04       $ 0.66                   $ 0.90
Weighted
average shares
outstanding:
Basic            111.5                    111.5        114.9                    114.9
Diluted          112.0                    112.0        115.7                    115.7

See Notes to Earnings Release attached



JARDEN CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

(in millions, except earnings per share)
               Nine months ended
               September 30, 2013                      September 30, 2012
                                                                            
                                          Adjusted
                 As                                   As                      Adjusted
                 Reported                 (non-GAAP)
                            Adjustments                Reported   Adjustments   (non-GAAP)
                 (GAAP)                   (1)(2)(4)
                 (2)        (1)(4)                     (GAAP)     (1)(4)        (1)(2)(4)
                                                       (2)
Net sales      $ 5,140.3  $ --          $ 5,140.3    $ 4,876.9  $ --          $ 4,876.9
Cost of sales    3,660.1    (13.5)        3,646.6      3,459.9    (11.2)        3,448.7
Gross profit     1,480.2    13.5          1,493.7      1,417.0    11.2          1,428.2
Selling,
general and      1,045.4    (50.8)        994.6        961.0      (25.2)        935.8
administrative
expenses
Reorganization   4.4        (4.4)         --           9.3        (9.3)         --
costs, net
Operating        430.4      68.7          499.1        446.7      45.7          492.4
earnings
Interest         143.3      (11.2)        132.1        135.8      (0.3)         135.5
expense, net
Loss on early
extinguishment   25.9       (25.9)        --           --         --            --
of debt
Income before    261.2      105.8         367.0        310.9      46.0          356.9
taxes
Income tax       94.3       26.8          121.1        115.7      9.2           124.9
provision
Net income     $ 166.9    $ 79.0        $ 245.9      $ 195.2    $ 36.8        $ 232.0
Earnings per
share:
Basic          $ 1.52                   $ 2.23       $ 1.64                   $ 1.95
Diluted        $ 1.51                   $ 2.22       $ 1.63                   $ 1.94
Weighted
average shares
outstanding:
Basic            110.1                    110.1        119.0                    119.0
Diluted          110.7                    110.7        119.7                    119.7

See Notes to Earnings Release attached



JARDEN CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)

(in millions)
                                  September 30,   September 30,   December 31,

                                  2013            2012            2012
Assets
Current assets:
Cash and cash equivalents       $ 1,560.3       $ 886.7         $ 1,034.1
Accounts receivable, net          1,240.5         1,194.1         1,137.7
Inventories                       1,599.9         1,546.8         1,310.3
Deferred taxes on income          179.7           191.6           174.5
Prepaid expenses and other        147.2           152.9           153.8
current assets
Total current assets              4,727.6         3,972.1         3,810.4
Property, plant and equipment,    669.7           614.2           678.6
net
Goodwill                          1,822.5         1,793.0         1,824.0
Intangible assets, net            1,246.1         1,209.8         1,256.7
Other assets                      156.6           145.3           140.9
Total assets                    $ 8,622.5       $ 7,734.4       $ 7,710.6
Liabilities and stockholders'
equity
Current liabilities:
Short-term debt and current     $ 524.3         $ 502.4         $ 504.7
portion of long-term debt
Accounts payable                  664.5           652.5           615.4
Accrued salaries, wages and       186.2           188.2           187.6
employee benefits
Other current liabilities         434.3           463.7           421.0
Total current liabilities         1,809.3         1,806.8         1,728.7
Long-term debt                    3,379.8         3,313.1         3,293.4
Deferred taxes on income          593.3           552.0           566.8
Other non-current liabilities     366.7           365.8           362.1
Total liabilities                 6,149.1         6,037.7         5,951.0
Total stockholders' equity        2,473.4         1,696.7         1,759.6
Total liabilities and           $ 8,622.5       $ 7,734.4       $ 7,710.6
stockholders' equity

See Notes to Earnings Release attached



JARDEN CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

(in millions)
                                                             Three months ended        Nine months ended
                                                             September    September    September    September
                                                             30,          30,          30,          30,
                                                             2013         2012         2013         2012
Cash flows from operating activities:
Net income                                                 $ 94.9       $ 76.9       $ 166.9      $ 195.2
Adjustments to reconcile net income to net cash provided
by operating activities:
 Depreciation and amortization                      39.6         38.7         115.8        109.9
 Stock-based compensation                               5.4          5.6          49.9         30.2
 Venezuela devaluation-related charges                  --           --           27.4         --
Excess tax benefits from stock based compensation            (8.0)        (20.3)       (11.4)       (42.7)
 Other non-cash items                                   7.6          (11.0)       19.0         (3.7)
Changes in assets and liabilities, net of effects from
acquisitions:
Accounts receivable                                          (44.9)       (54.8)       (112.8)      (96.9)
Inventory                                                    (51.6)       (44.7)       (286.9)      (235.0)
Accounts payable                                             (18.2)       (19.2)       53.3         81.1
Other assets and liabilities                                 79.8         107.0        42.0         43.3
Net cash provided by operating activities                    104.6        78.2         63.2         81.4
Cash flows from financing activities:
Net change in short-term debt                                (11.8)       4.7          (11.3)       83.6
Proceeds from issuance of long-term debt                     6.2          500.1        527.1        800.6
Payments on long-term debt                                   (28.1)       (20.6)       (376.0)      (153.2)
Issuance (repurchase) of common stock, net                   733.1        (103.6)      469.7        (536.6)
Debt issuance costs                                          (0.8)        (14.0)       (12.4)       (17.4)
Excess tax benefits from stock based compensation            8.0          20.3         11.4         42.7
Other                                                        --           --           (4.4)        (7.5)
Net cash provided by financing activities                    706.6        386.9        604.1        212.2
Cash flows from investing
activities:
Additions to property, plant and equipment                   (42.1)       (26.8)       (115.6)      (76.9)
Acquisition of businesses, net of cash acquired              (12.2)       (155.2)      (12.7)       (155.2)
Other                                                        7.5          3.5          7.8          9.8
Net cash used in investing activities                        (46.8)       (178.5)      (120.5)      (222.3)
Effect of exchange rate changes on cash and cash             7.6          9.9          (20.6)       7.1
equivalents
Net increase in cash and cash equivalents                    772.0        296.5        526.2        78.4
Cash and cash equivalents at beginning of period             788.3        590.2        1,034.1      808.3
Cash and cash equivalents at end of period                 $ 1,560.3    $ 886.7      $ 1,560.3    $ 886.7

See Notes to Earnings Release attached



JARDEN CORPORATION

NET SALES AND OPERATING EARNINGS BY SEGMENT (Unaudited)

(in millions)
                                                                                                  
                Outdoor    Consumer   Branded      Process    Intercompany Total      Corporate/
                Solutions  Solutions  Consumables  Solutions  Eliminations Operating              
                                                              (a)          Segments   Unallocated
                                                                                                  Consolidated
Three months
ended September
30, 2013
Net sales       $  670.6   $  537.4   $   511.1    $  102.4   $  (20.7)    $ 1,800.8  $  --       $   1,800.8
Segment         $  89.7    $  81.2    $   88.4     $  11.5    $  --        $ 270.8    $  (21.2)   $   249.6
earnings (loss)
Adjustments to
reconcile to
reported
operating
earnings(loss):
Reorganization     (1.4)      (1.6)       --          --         --          (3.0)       --           (3.0)
costs
Fair market
value              (5.9)      --          --          --         --          (5.9)       --           (5.9)
adjustments to
inventory
Acquisition and
integration        (0.8)      --          (0.9)       --         --          (1.7)       (5.1)        (6.8)
related costs
Depreciation
and                (14.7)     (8.4)       (12.6)      (2.8)      --          (38.5)      (1.1)        (39.6)
amortization
Operating       $  66.9    $  71.2    $   74.9     $  8.7     $  --        $ 221.7    $  (27.4)   $   194.3
earnings (loss)







                                                                                                  
                Outdoor    Consumer   Branded      Process    Intercompany Total      Corporate/
                Solutions  Solutions  Consumables  Solutions  Eliminations Operating              
                                                              (a)          Segments   Unallocated
                                                                                                  Consolidated
Three months
endedSeptember
30, 2012
Net sales       $  657.6   $  509.6   $   459.0    $  97.6    $  (17.9)    $ 1,705.9  $  --       $  1,705.9
Segment         $  96.2    $  79.0    $   72.3     $  12.9    $  --        $ 260.4    $  (25.1)   $  235.3
earnings (loss)
Adjustments to
reconcile to
reported
operating
earnings(loss):
Reorganization     (9.3)      --          --          --         --          (9.3)       --          (9.3)
costs, net
Fair market
value              (2.8)      (3.2)       --          --         --          (6.0)       --          (6.0)
adjustments to
inventory
Acquisition and
integration        (3.9)      (1.6)       (1.4)       --         --          (6.9)       (5.6)       (12.5)
related costs
Depreciation
and                (13.8)     (10.2)      (10.8)      (3.0)      --          (37.8)      (0.9)       (38.7)
amortization
Operating       $  66.4    $  64.0    $   60.1     $  9.9     $  --        $ 200.4    $  (31.6)   $  168.8
earnings (loss)



(a) Intersegment sales are recorded at cost plus an agreed-upon
intercompany profit on intersegment sales.



JARDEN CORPORATION

NET SALES AND OPERATING EARNINGS BY SEGMENT
(Unaudited)

(in millions)
                                                                                                      
                    Outdoor    Consumer   Branded      Process    Intercompany Total      Corporate/
                    Solutions  Solutions  Consumables  Solutions  Eliminations Operating              
                                                                  (a)          Segments   Unallocated
                                                                                                      Consolidated
Nine months ended
September 30, 2013
Net sales           $ 2,106.6  $ 1,343.2  $  1,443.1   $  307.2   $  (59.8)    $ 5,140.3  $  --       $  5,140.3
Segment earnings    $ 249.7    $ 188.0    $  222.4     $  43.1    $  --        $ 703.2    $  (105.9)  $  597.3
(loss)
Adjustments to
reconcile to
reported operating
earnings(loss):
Reorganization        (1.4)      (3.0)       --           --         --          (4.4)       --          (4.4)
costs
Fair market value
adjustment to         (7.4)      --          (3.5)        --         --          (10.9)      --          (10.9)
inventory
Acquisition and
integration related   (0.8)      --          (0.9)        --         --          (1.7)       (5.1)       (6.8)
costs
Venezuela
devaluation-related   --         --          --           --         --          --          (29.0)      (29.0)
charges
Depreciation and      (42.1)     (23.7)      (38.5)       (8.4)      --          (112.7)     (3.1)       (115.8)
amortization
Operating earnings  $ 198.0    $ 161.3    $  179.5     $  34.7    $  --        $ 573.5    $  (143.1)  $  430.4
(loss)







                                                                                                  
                Outdoor    Consumer   Branded      Process    Intercompany Total      Corporate/
                Solutions  Solutions  Consumables  Solutions  Eliminations Operating              
                                                              (a)          Segments   Unallocated
                                                                                                  Consolidated
Nine months
endedSeptember
30, 2012
Net sales       $ 2,075.0  $ 1,260.5  $  1,300.7   $  292.7   $  (52.0)    $ 4,876.9  $  --       $  4,876.9
Segment         $ 263.5    $ 176.0    $  193.0     $  39.3    $  --        $ 671.8    $  (87.4)   $  584.4
earnings (loss)
Adjustments to
reconcile to
reported
operating
earnings(loss):
Reorganization    (9.3)      --          --           --         --          (9.3)       --          (9.3)
costs, net
Fair value
adjustment to     (2.8)      (3.2)       --           --         --          (6.0)       --          (6.0)
inventory
Acquisition and
integration       (3.9)      (1.6)       (1.4)        --         --          (6.9)       (5.6)       (12.5)
related costs
Depreciation
and               (38.0)     (25.9)      (33.8)       (9.7)      --          (107.4)     (2.5)       (109.9)
amortization
Operating       $ 209.5    $ 145.3    $  157.8     $  29.6    $  --        $ 542.2    $  (95.5)   $  446.7
earnings (loss)



(a) Intersegment sales are recorded at cost plus an agreed-upon
intercompany profit on intersegment sales.



Jarden Corporation
Notes to Earnings Release

Note 1: Adjustments relate to items that are excluded from the "As Reported"
results to arrive at the "Adjusted" results for the three and nine months
ended September 30, 2013 and 2012. For the three months ended September 30,
2013, adjustments to net income included $5.9 million associated with the
manufacturer's profit in inventory charged to cost of sales which is the
purchase accounting fair value adjustment to inventory associated with tuck-in
acquisitions; $2.2 million of accelerated depreciation primarily associated
with the rationalization of international manufacturing facilities; $6.8
million of acquisition and integration related costs primarily associated with
acquisition transaction costs; $5.2 million of amortization of acquired
intangible assets; $3.0 million of reorganization costs associated with
international operations; and $4.9 million of non-cash original issue discount
amortization on the convertible notes. Also, included in the adjustments to
net income for the three months ended September 30, 2013 is the tax provision
adjustment of $5.8 million, which reflects the normalization of the adjusted
results to the Company's 2013 estimated 33% effective tax rate.

For the three months ended September 30, 2012, adjustments to net income
included $6.0 million associated with the manufacturer's profit in inventory
charged to cost of sales which is the purchase accounting fair value
adjustment to inventory associated with our tuck-in acquisitions; $5.2 million
of accelerated depreciation primarily associated with the rationalization of
international manufacturing facilities; $12.5 million of acquisition related
and other costs; $4.1 million of amortization of acquired intangible assets;
$9.3 million of net reorganization costs primarily associated with the
rationalization of international manufacturing facilities; and $0.3 million of
non-cash original issue discount amortization on the convertible notes. Also,
included in the adjustments to net income for the three months ended September
30, 2012 is the tax provision adjustment of $10.3 million, which reflects the
normalization of the adjusted results to the Company's estimated 35% effective
tax rate.

For the nine months ended September 30, 2013, adjustments to net income
included $10.9 million associated with the manufacturer's profit in inventory
charged to cost of sales which is the purchase accounting fair value
adjustment to inventory associated with tuck-in acquisitions; $2.2 million of
accelerated depreciation primarily associated with the rationalization of
international manufacturing facilities; $29.0 million of Venezuela
devaluation-related charges primarily attributable to the devaluation of the
Venezuelan Bolivar in February 2013; $15.4 million of amortization of acquired
intangible assets; $6.8 million of acquisition and integration related costs
primarily associated with acquisition transaction costs; $4.4 million of
reorganization costs associated with international operations; $11.2 million
of non-cash original issue discount amortization on the convertible notes; and
$25.9 million related to the loss on early extinguishment of debt. Also,
included in the adjustments to net income for the nine months ended September
30, 2013 is the tax provision adjustment of $26.8 million, which reflects the
normalization of the adjusted results to the Company's 2013 estimated 33%
effective tax rate.

For the nine months ended September 30, 2012, adjustments to net income
included $6.0 million associated with the manufacturer's profit in inventory
charged to cost of sales which is the purchase accounting fair value
adjustment to inventory associated with our tuck-in acquisitions; $5.2 million
of accelerated depreciation primarily associated with the rationalization of
international manufacturing facilities; $12.5 million of acquisition related
and other costs; $12.7 million of amortization of acquired intangible assets;
$9.3 million of net reorganization costs primarily associated with the
rationalization of international manufacturing facilities; and $0.3 million of
non-cash original issue discount amortization on the convertible notes. Also,
included in the adjustments to net income for the nine months ended September
30, 2012 is the tax provision adjustment of $9.2 million, which reflects the
normalization of the adjusted results to the Company's estimated 35% effective
tax rate.

Note 2: All earnings per share and shares outstanding amounts have been
adjusted to reflect the effect of the 3-for-2 split of the Company's
outstanding shares of common stock that occurred during the first quarter of
2013.

Note 3: Organic net sales growth is a non-GAAP measure of net sales growth
excluding the impacts of foreign exchange, certain acquisitions and exited
business from year-over-year comparisons. The Company believes this measure
provides investors with a more complete understanding of the underlying sales
trends by providing net sales on a consistent basis. Organic net sales growth
is also one of the measures used by management to analyze operating
performance. The following table provides a reconciliation of organic net
sales growth to the comparable GAAP measure of net sales growth for the three
and nine months ended September 30, 2013:

                                    Three months ended  Nine months ended
                                    September 30, 2013
                                                        September 30, 2013
Reconciliation of Non- GAAP measure
Net sales growth                    $ 94.9    5.6%     $ 263.4    5.4%
Foreign exchange impacts            28.5       1.6%     74.0        1.5%
(Acquisitions)/exited business, net (27.4)     (1.6%)   (117.7)     (2.4%)
Organic net sales growth            $ 96.0    5.6%     $ 219.7    4.5%

Note 4: This earnings release contains non-GAAP financial measures that may
not be directly comparable to other similarly titled measures used by other
companies. For purposes of Regulation G, a non-GAAP financial measure is a
numerical measure of a company's historical or future financial performance,
financial position or cash flows that excludes amounts, or is subject to
adjustments that have the effect of excluding amounts, that are included in
the most directly comparable measure calculated and presented in accordance
with GAAP in the statements of operations, balance sheets, or statements of
cash flows of the Company; or includes amounts, or is subject to adjustments
that have the effect of including amounts, that are excluded from the most
directly comparable measure so calculated and presented. Pursuant to the
requirements of Regulation G, the Company has provided reconciliations of the
non-GAAP financial measures to the most directly comparable GAAP financial
measures. These non-GAAP measures are provided because management of the
Company uses these financial measures in monitoring and evaluating the
Company's ongoing financial results and trends. Management uses this non-GAAP
information as an indicator of business performance, and evaluates overall
management with respect to such indicators. Additionally, the Company uses
non-GAAP financial measures because the Company's credit agreement provides
for certain adjustments in calculations used for determining whether the
Company is in compliance with certain credit agreement covenants, including,
but not limited to, adjustments relating to non-cash purchase accounting
adjustments, non-cash impairment charges of goodwill, intangibles and other
assets, certain net reorganization costs and acquisition-related and other
charges, transaction and integration costs, the elimination of manufacturer's
profit in inventory, Venezuela hyperinflationary and devaluation-related
charges, gains and losses as a result of currency fluctuations, gain on the
sale of a domestic business, non-cash stock-based compensation costs, loss on
early extinguishment of debt, non-cash original issue discount amortization
and other items. Adjusted gross margin is calculated by dividing adjusted
gross profit by net sales. Segment earnings (as adjusted EBITDA) margin is
calculated by dividing segment earnings (as adjusted EBITDA) by net sales.
Adjusted net interest expense is calculated by deducting original issue
discount amortization from net interest expense. Adjusted income tax
provision is calculated by adding the income tax provision adjustment, which
reflects the normalization of the adjusted results to the Company's estimated
effective tax rate, to the income tax provision. These non-GAAP measures
should be considered in addition to, but not as a substitute for, measures of
financial performance prepared in accordance with GAAP.

SOURCE Jarden Corporation

Website: http://www.jarden.com
Contact: Jarden Corporation - Rachel Wilson, 914-967-9400; or Investor
Relations: Allison Malkin, ICR, Inc., 203-682-8225; or Press: Liz Cohen, Weber
Shandwick, 212-445-8044