Storopack Paperplus Price Increase.

September 15, 2013



STOROPACK INC

To: Our Valued Customers

Subject: Price Increase on PAPERplus® Products

Throughout the past twelve months, we have experienced continual upward pressure on our overall production and raw material costs. We have been very aggressive in working with our suppliers to minimize these costs. Concurrently, we have worked diligently on operational efficiencies, continuous improvement programs and internal cost control initiatives. These activities have allowed us to deliver pricing stability to you over the past 18 months. At this time, the brisk and continuous escalation in raw material costs over the past several months has produced the need for us to raise prices on most of our products.

Effective with all shipments originating from our Medley and Tampa, FL. locations on November 1, 2013, the current pricing on all PAPERplus® items (See below) will increase by 6%.

• PAPERplus® GE

• PAPERplus® Classic

• PAPERPlus® Shooter

• PAPERplus® Chevron

Any order received prior to November 1, 2013 for immediate shipment will be honored at the current price.

We thank you for your continued support and business. Your Storopack sales professional is available to assist you in presenting value added product solutions as well as implementing this increase.

Respectfully,
Joseph M La Grasta
Vice President, East Coast Business Unit