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Graphic Packaging Completes Acquisition of Walter G. Anderson, Inc.

Graphic Packaging Holding Company, a leading global provider of packaging solutions to food, beverage and consumer products companies, today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has completed the previously announced acquisition of 100% of the outstanding equity of Walter G. Anderson, Inc. from its shareholders.

WG Anderson is a premier folding carton manufacturer with a focus on store branded food and consumer product markets. The company operates two world-class sheet-fed folding carton converting facilities located in Hamel, Minnesota and Newton, Iowa.

Forward Looking Statements

Any statements of the Company's expectations in this press release constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the Company's present expectations. Undue reliance should not be placed on such forward-looking statements, as such statements speak only as of the date on which they are made and the Company undertakes no obligation to update such statements. Additional information regarding these and other risks is contained in the Company's periodic filings with the SEC.

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