Graham Packaging Company, L.P. and GPC Capital Corp. I Announce Receipt of Requisite Consents From Holders of their 9.875% Senio

YORK, Pa., July 19, 2011 /PRNewswire/ -- Graham Packaging Company Inc. (NYSE: GRM) ("Graham") today announced that its wholly-owned subsidiaries, Graham Packaging Company, L.P. and GPC Capital Corp. I (collectively, the "Issuers"), have received the Requisite Consents, as defined in the Offer to Purchase and Consent Solicitation Statement dated July 6, 2011 (the "Statement"), from holders of their 9.875% Senior Subordinated Notes due October 7, 2014 (the "Notes") to adopt the proposed amendments that were the subject of the consent solicitation for the Notes.  The consent solicitation for the Notes expired at 5:00 p.m., New York City time, today.  

The Issuers engaged Credit Suisse Securities (USA) LLC ("Credit Suisse") as Dealer Manager for the tender offer for the Notes and as Solicitation Agent for the consent solicitation for the Notes. Persons with questions regarding the consent solicitation should contact Credit Suisse at [phone] (toll free) or [phone] (collect). Requests for documents may be directed to D.F. King & Co., Inc., the Information Agent, at [phone] (toll free) or [phone] (collect).

This press release is for informational purposes only and does not constitute a solicitation of consents with respect to the Notes. The consent solicitation was made only pursuant to the Statement, as supplemented, the related consent letter (the "Consent Letter") and related materials. Noteholders and investors should read carefully the Statement, the supplement thereto, the Consent Letter and related materials because they contain important information, including the various terms of and conditions to the consent solicitation.

Contact:

David Bullock

Chief Financial Officer

[phone]

Jeff Grossman

[phone]

[e-mail]

SOURCE Graham Packaging Company Inc.

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