Paul Hastings Represents LINPAC Group Limited In Sale of its U.S. Corrugated Business to Four M

August 31, 2006

Paul Hastings Represents LINPAC Group Limited In Sale of its U.S. Corrugated Business to Four M

Atlanta, GA (August 31, 2006) – Paul, Hastings, Janofsky & Walker LLP (Paul Hastings), a leading international law firm, has represented LINPAC Group Limited (LINPAC), a global materials and packaging firm based in the UK, in the sale of Lin Pac, Inc., a U.S. manufacturer and supplier of containerboard, corrugated sheets, corrugated boxes, and point-of-sale displays, to Four M Holdings, LLC, which is owned by a group of investors led by Dennis D. Mehiel, a veteran of the paper and pulp industry. Mr. Mehiel's group owns Mannkraft Corp., which is also active in the corrugated industry. The transaction closed on August 31, 2006.

Under the agreement, Four M acquired Lin Pac, Inc.'s containerboard mill in Cowpens, SC, as well as its three sheet feeders, a sheet plant, and a display operation in the southern United States.

The Paul Hastings team, led by Atlanta partner Wayne Bradley, also included associate Jennifer Manning and paralegal Patricia Showalter.

About LINPAC: Created in 1959 as a paper packaging company in Lincolnshire, England, LINPAC is a £1.1 billion global business with core activities in packaging and materials handling.

About Paul Hastings Corporate Department: Teams of Paul Hastings' corporate attorneys provide clients with the sophisticated, cross-border legal and business expertise they need to finance and operate companies. The firm's Securities and Capital Markets, M&A, Lending, Project Finance, Private Equity, Investment Management and Securitization practices are nationally and internationally ranked. Paul Hastings' attorneys are experienced in every aspect of modern transactional practice in virtually every industry and service sector. Clients include major financial institutions, domestic, international, public and private companies.

Paul Hastings Janofsky & Walker LLP, founded in 1951, is a leading international law firm with over 1,000 attorneys in 17 offices. The firm serves a diverse client base including many of the top financial institutions and Fortune 500 companies, supports clients in all of their legal needs and offers deep capabilities in Banking and Finance, Capital Markets, Corporate/M+A, Litigation and Dispute Resolution, Intellectual Property, Project Finance, Investment Management, Real Estate, Labor and Employment and Tax Advisory Services. For additional information, please visit our website at www.paulhastings.com.