Date: Dec. 2, 2008
Re: Employee Buy-in
Chuck Larsen, CEO; Bill Hellings, President; Dante Ferrari, COO

Celplast Metallized Products Limited (CMP) announces the sale of a 20% stake in CMP to an employee group led by Dante Ferrari. Plans are in place for them to acquire a majority position over 7 – 10 years. This action brings in a group of talented young people to the ownership of the company, and ensures a gradual and smooth management transition. Celplast Limited, CMP’s parent company, will maintain a long term interest in the business. CMP will continue its commitment to offer the North American converting industry’s best customer service. With a secure future and a continued focus on employee education and
customer-centered innovation, CMP is ready to grow with its customers over the long term.

Should any of you wish more information, please contact Chuck Larsen (x- 231), Bill Hellings (x-222) or Dante Ferrari (x-256)
at  416-293-4330.

Sincerely yours,
Chuck Larsen Bill Hellings Dante Ferrari
Celplast Limited Celplast Limited EBG Limited
From: Celplast Limited, Chuck Larsen and Bill Hellings
EBG Limited, Dante Ferrari

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