Fiscal 2002 Actions

• Acquired Advertising Display Company

  Increased Rock-Tenn’s presence in the point of purchase display market.
  
  

• Acquired Athena Industries

Athena Industries is recognized as a leading designer and manufacturer of custom and stock point-of-purchase displays and fixtures with expertise in wire and metal fabrication.

• Elimination of Higher Voting Stock

  Converted outstanding Class B Shares into Class A Shares on June 30, 2002.
  
  

• Announced Decrease In Capital Expenditures

Decreased capital expenditures to $77.6 million in 2002 compared to $82 million in FY01 (including capital contributed to Seven Hills joint venture).

The Company expects capital expenditures in FY03 to be in the range of $55 to $60 million.

• Patent Granted On DuraFresh® Case-Ready Packaging Process

• RKT Added to S&P SmallCap 600 Index

• Plant Consolidation

  • RKT consolidated operations of 4 facilities
  • Charges to net income: $9.9 million
  • One-time after tax proceeds: $3 million
  • Annual expected operating income impact expected: $3.7million
    

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