³Ô¹ÏºÚÁÏÍø Cork & Seal to Delist From the Paris Stock Exchange

Tuesday, November 20, 2001

PHILADELPHIA, Nov. 20 /PRNewswire/ -- ³Ô¹ÏºÚÁÏÍø Cork & Seal Company, Inc. (NYSE: CCK; Paris Bourse) today announced that the Company intends to delist its shares from the Paris Stock Exchange (Bourse) due to consistently low trading volumes. This action will be effective on December 27, 2001. ³Ô¹ÏºÚÁÏÍø has retained Societe Generale as its agent in the delisting process.

Shareholders with shares through Euroclear France System will have the option to sell their shares on the NYSE or to retain them for future trading on the NYSE. The Company does not expect this action to have a material impact on trading volumes on the NYSE.

³Ô¹ÏºÚÁÏÍø Cork & Seal is a leading supplier of packaging products to consumer marketing companies around the world. World headquarters are located in Philadelphia, Pennsylvania.

SOURCE ³Ô¹ÏºÚÁÏÍø Cork & Seal Company, Inc.
Web site:
CONTACT: Timothy J. Donahue, Senior Vice President - Finance of ³Ô¹ÏºÚÁÏÍø Cork & Seal Company, +1-215-698-5088