KapStone Paper and Packaging Corporation Announces Move to New York Stock Exchange

NORTHBROOK, Ill., Dec. 9  /PRNewswire-FirstCall/ -- KapStone Paper and Packaging Corporation (NASDAQ:KPPC) ("KapStone") announces that it has filed an application to list its common stock on the New York Stock Exchange ("NYSE").  Subject to the approval of the NYSE, KapStone expects the common stock to begin trading on the NYSE on or about January 4, 2010.  The Company will change its common stock ticker from (NASDAQ:KPPC) to (NYSE:KS).  The Company's common stock will continue to trade on the NASDAQ until the transfer is completed.

"We look forward to our shares trading on the NYSE and building a new long-term relationship with a leading and diverse global exchange," said Andrea K. Tarbox, the Company's Chief Financial Officer.

About the Company

Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of unbleached kraft paper products and linerboard.  The Company is the parent company of KapStone Kraft Paper Corporation which includes paper mills in Roanoke Rapids, NC and North Charleston, SC, a lumber mill in Summerville, SC, and five chipping mills in South Carolina. The business employs approximately 1,550 people. 

DATASOURCE: KapStone Paper and Packaging Corporation



CONTACT:  Andrea K. Tarbox, Vice President and Chief Financial Officer of

KapStone Paper and Packaging Corporation, [phone]



Web Site:  http://www.kapstonepaper.com/ 

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