Graphic Packaging Obtains Amendment to Financial Covenants

MARIETTA, Ga., Oct. 17  /PRNewswire/ -- Graphic Packaging International, Inc. today announced that the Company has obtained an amendment to its $1.6 billion Credit Agreement to relax the terms of its Consolidated Interest Expense Ratio and its Consolidated Leverage Ratio covenants.

"We appreciate the continued support of our lenders. The additional covenant flexibility provided by the amendment will enable management to focus on the Company's operations as opposed to its financial covenants," said Stephen M. Humphrey, the Company's President and Chief Executive Officer.

The specific terms of the amendment were included in a Form 8-K filed with the Securities and Exchange Commission on October 14, 2005.

About Graphic Packaging International, Inc.

Graphic Packaging International, Inc., headquartered in Marietta, Georgia, is a leading provider of paperboard packaging solutions to multinational food, beverage and other consumer products companies. The Company's customers include some of the most widely recognized companies in the world. Additional information about Graphic Packaging, its business and its products is available on the Company's web site at http://www.graphicpkg.com/. 

DATASOURCE: Graphic Packaging International, Inc.



CONTACT:  Investors, W. Scott Wenhold of Graphic Packaging Corporation,

[phone]



Web site:  http://www.graphicpkg.com/



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