Dixon Extends Exclusivity Agreement With Jarden Corporation

Dixon Extends Exclusivity Agreement With Jarden Corporation 


HEATHROW, Fla., Feb. 27  /PRNewswire-FirstCall/ -- Dixon Ticonderoga Company 
announced today that it and Jarden Corporation  have signed a second extension
to the exclusivity agreement signed on January 9, 2004.  The most recent
extension will allow Jarden until 5:00 p.m. on March 12, 2004, subject to
earlier termination under certain circumstances, to complete its remaining due
diligence evaluation of a potential transaction among Jardenand Dixon in which
Jarden or its affiliate may acquire specified assets of the Company, and to
continue to negotiate the terms of related definitive documentation.

Forward-Looking Statements

Any "forward-looking" statements in this press release involve known and unknown
risks, uncertainties and other factors that could cause the actual results to
differ materially from those expressed or implied by such forward- looking
statements.  Such risks include (but are not limited to) the risk that
negotiations with Jarden Corporation will be terminated before the execution of
definitive agreements, among others. 

DATASOURCE: Dixon Ticonderoga Company



CONTACT:  Richard Asta of Dixon Ticonderoga Company, [phone]

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