2 percent, over 2003.
The company reinforced its continuing commitment to a growth strategy as
recently as earlier this month with the acquisition of four on -site plants
from Tetra Pak, part of Tetra Laval Group.7 million, versus $208.

Net (loss) income reconciliation to Covenant Compliance EBITDA

Year Ended December 31 ($ millions)
2004 2003
Net (loss) income $(40."

About The Daniels Corporation

Founded by entrepreneur Dan Daniels and reputable microbiologist
Allan Perceval in 1986, the Daniels Corporation is known for its
reusable Daniels SharpSmart(TM) sharps collectors, which were created
to raise the standard of safety in the area of sharps containment.
These products are integrated with its fully automated system for
transporting, decanting, sanitizing and treating sharps waste.
has signed an agreement with Modern Plastics, Inc.

About Modern Plastics
Modern Plastics , Inc.

polyform reuseable

We are now in the process of performing plant
consolidations and other productivity improvements . Hamilton said actual in-year covenant
compliance EBITDA for 2004, which includes one quarter of the results from the
O-I acquisition, was $259.8
Depreciation and amortization 114 .
Solvay Advanced Polymers recently introduced a line of brightly colored
transparent resins based on proprietary technology that significantly lowers
the yellowness inherent to the polymer.solvayadvancedpolymers . is a plastics stock shapes distributor of sheet,
rod, tube and film materials.

orosh clamshell

And we were impressed by the continuing
gains in South America, which recorded an increase in revenue of more than 70
percent and an increase in units sold of nearly 96 percent.5 million.S.com."

About RADEL(R) R polyphenylsulfone
RADEL(R) R polyphenylsulfone is a transparent, high-temperature sulfone
polymer known for its uncompromising performance in reusable medical
applications.

reuseable multilayered

The cost
savings are partially offset by the expected sales run-offs in the acquired
business, performance issues in the combined household category, and continued
softness in the overall automotive lubricants market.9 million in 2004 when
compared to 2003, to a total of $140.2 million, or 7 percent, when
compared to 2003 , before taking into account the increases in 2004 in non-
recurring charges of $11.

This news release contains forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended., the leading provider of products and services supporting the
healthcare industry.
The ISO 9001:2000 certified company is a leading provider of high-
performance plastics stock shapes and is an approved supplier to major medical
industry customers worldwide.

thermoformed uppi

2 billion as a result of the $1. At of the
end of 2004, the company's global network had grown to 8,600 employees at 87
plants in North America, Europe, and South America and global technology and
development centers in North America and Europe.7 million, project charges of $6.

, Solvay Advanced Polymers, L.

uppi shrinkable

"The
Sharpsmart System complements our portfolio of products and services
that help increase the safety of clinicians and patients.au

"It's a strategic step in our on-going effort to make this
highly sought after sterilizeable plastic more readily available.

fluorocarbon uppi

We also were gratified by continued
solid revenue growth overall in North America - which came in at slightly more
than 40 percent on the plus side.
He also said operating income for 2004 increased $7 .2 million related to the
acquisition.

Graham Packaging is a worldwide leader in the design , manufacture and sale
of technology-based, customized blow-molded plastic containers for the branded
food and beverage, household, personal care and specialty and automotive
lubricants markets. The
company's future operating results will be affected by various uncertainties
and risk factors , many of which are beyond the company's control.Partnership increases availability of RADEL(R) R polyphenylsulfone to medical
industry in North America

ALPHARETTA, Ga.

sarvodaya thermoform

"Our
enhanced team is a global leader in talent, technology, intellectual property,
and manufacturing resources in the blow-molded plastic packaging business. A reconciliation of net income to covenant compliance
EBITDA for 2004 and 2003 is detailed below.
He said net income for 2004 increased $2.6
Minority interest 1. Covenant compliance
EBITDA is calculated in the Credit Agreements and Indentures by adding
minority interest, extraordinary items, interest expense, interest income,
income taxes, depreciation and amortization expense, impairment charges, the
ongoing per -year fees paid to certain of the partners of Holdings under
existing agreements, non-cash equity in earnings of joint ventures, other non-
cash charges, recapitalization expenses, special charges and unusual items and
certain other charges to net income (loss) and is a calculation used for
certain covenant tests applicable in 2006.
The Blackstone Group of New York is the majority owner of Graham
Packaging. "The addition of RADEL(R) R
polyphenylsulfone expands our current offering to include resin as well as
plastics stock shapes. For over a decade, RADEL(R) R polymers have proven they can
withstand over a thousand cycles of disinfection and steam sterilization
without any significant loss of properties.

About Solvay Advanced Polymers
Solvay Advanced Polymers produces more plastics with higher performance
than any other company in the world.

hmr multilayered

"
Yates said the integration of the O-I unit into Graham Packaging was
currently on schedule.6 million for 2004, compared to net income
of $9.0
Non-recurring charges 26.

Business Editors/Health/Medical Writers

THOUSAND OAKS, Calif.
Daniels' objectives of increased safety and improved value, combined
with an integrated service component and strong environmental
platform , make the Daniels SharpSmart solution a natural choice for
healthcare facilities worldwide.

trays thermoform

P."
Chief Financial Officer John E.6
million in 2003.
The balance of the increase was primarily related to increased debt levels in
the fourth quarter, also related to the acquisition.3 million , and the call premia paid of $15.0 2.S. For a
description of these uncertainties and risk factors, and for a more complete
description of the company's results of operations, see the company 's Annual
Report on Form 10-K for the year ended December 31, 2004, filed with the
Securities and Exchange Commission. In addition to plastics stock shapes, Modern Plastics
offers RADEL(R) R resins from Solvay Advanced Polymers.

thermoformer multilayered

5
Monitoring Fees 2.4
Covenant Compliance EBITDA $259.1

Covenant compliance EBITDA is not intended to represent cash flow from
operations as defined by generally accepted accounting principles and should
not be used as an alternative to net income as an indicator of operating
performance or to cash flow as a measure of liquidity. The containers boast a fill-level gauge, a clear-view window
that indicates the fill level to monitor the container's contents; an
overfill protection mechanism to avoid overages; access geometry that
allows the container to accept a wide range of sharps while minimizing
hand access; and a final closure activation which keeps the container
tamper-proof.
corporate headquarters in Thousand Oaks, Calif.
In its natural unfilled state, the resin is a transparent amber color . Typical applications include
customized sterilization cases and trays, joint replacement trials , surgical
and dental instrument handles, endoscopic devices, and anesthesiology
equipment.modernplasticsresins .

clamshells thermoformer

Yates said. Approximately 50 percent
of the total and the 2005 one-time costs are expected to be capitalized.1 million, down $15.6) $9.2 3. Under the terms of the agreement, Cardinal Health
will act as marketing, selling and billing agent for the Daniels
Sharpsmart System. "Not only does the Sharpsmart
system offer the maximum protection available, but it also reduces
container waste by 100 percent, making it both space and cost
effective for health-care providers. Based in Australia with a U. It is a natural extension of our product line that
should help us strengthen our position in the medical industry," he added.
Plus, most post-fabrication operations such as ultrasonic welding,
adhesive bonding and laser marking as well as heat staking, threading and
machining can be done with RADEL(R) R plastics.

thermoformers thermoforming

"To date, we've relocated key employees, many to our
headquarters and technology center in York," he said.1 million in 2003, an
increase of 25 percent. However, after taking into account the one-time costs, operating
income was $98."
Constructed from rigid puncture-resistant plastic, Daniels
Sharpsmart containers offer a broad selection of uniquely designed
features.L.

kema trays

"We've also had
extensive meetings with our customers and have received positive feedback
about our integration process. We also believe there is
now a significant opportunity for us to take advantage of our expanded
technology platform and other existing assets and to eliminate the least cost-
effective equipment from our plant network.
"We are pleased to offer this comprehensive and innovative sharps
disposal solution to health care providers across the country," said
Eric Timm, vice president of marketing, Cardinal Health.
Including the recently acquired company Fournier Pharma, the Solvay Group,
whose companies employ about 30,000 people in 50 countries, recorded sales for
2005 of EUR 8.

fluorocarbon clamshell

The facilities make plastic bottles
for nutritional beverages and value-added dairy beverages for major customers
in Belgium, Brazil, Turkey, and the United States.7 million for 2003.2 14.7 $208. Carbone, president of Modern Plastics.
According to Carbone, the medical plastics segment of the company's
business has been growing at an average rate of about 20 percent per year and
research suggests continued growth at that level for at least the next 15
years . Learn more at
http://www.com.

triplewall reuseable

Commenting on 2004 sales, Yates said, "We were pleased to see an overall
increase of 33.5 million, one-time write off of debt-issuance fees
of $14.5 96 .8 2.
The Sharpsmart System reduces sharps injuries by more than 30
percent by providing optimum safety with "smart" features such as a
leak proof seal, clear-view window and overfill protection , for
greater overall value.daniels.C. This gives design engineers worldwide
more ways to solve top design challenges in automotive, medical, electronics,
aerospace and other demanding industries .com.

clamshells goins

YORK, Pa.7
Interest Expense, net 140.S., Canada, and Brazil of one-quart /one-liter
plastic HDPE (high-density polyethylene) containers for motor oil.-based
plastics distribution company, to distribute RADEL(R) R polyphenylsulfone to
the medical industry in North America.

blister polyform

The fourth quarter of 2004 was the only reporting period that included the
results of the business unit acquired from O-I.
"Nearly six months have gone by since the acquisition and we have already
begun to realize organizational and business benefits," Yates said.2 billion acquisition from O-I .7 million, project charges of $6. Approximately $30 million of
the increase was related to one-time costs associated with the refinancing of
the company's entire debt structure in conjunction with the O-I acquisition.7
Impairment charges 7. supplier of plastic containers for hot-fill
juice and juice drinks, sports drinks, drinkable yogurt and smoothies,
nutritional supplements, wide-mouth food, dressings, condiments, and beers;
the leading global supplier of plastic containers for yogurt drinks; and the
number-one supplier in the U., a Bridgeport, Conn. During the 61 years the company has been in
business, it has gained a global reputation for its outstanding technical
customer service, material bar-coding and traceability, and rigid quality
control guidelines .

blisters thermoform

6
Income Tax Expense (benefit) (2.
The company is a leading U. For more information , please call 888-937-6464 or
visit the Web site at www.
"This distribution agreement is a strategic move for both companies," said
Bing J.6 billion generated by its three sectors: Chemicals , Plastics
and Pharmaceuticals. For more information, go to
http://www.

triplewall thermoforming

0 million for the year ended December 31, 2004, an increase of $374.
Hamilton said net interest expense increased by $43. Solvay is listed on the Euronext 100 index of top
European companies.modernplastics.com. For more information ,
go to http://www.

multilayered clamshell

5
million.5 million, or 14 percent, from $113.8 million,
impairment charges of $4.

The Daniels Corporation Signs Marketing Agreement with Cardinal Health Inc.

The reusable system is currently being used by
more than 500 hospitals in the United States, Canada, the United
Kingdom, Australia and New Zealand.

Solvay Advanced Polymers Announces Distribution Agreement with Modern Plastics

com.
Solvay Advanced Polymers is member of the Solvay Group, an international
chemical and pharmaceutical group headquartered in Brussels, Belgium.

triplewall thermoformer

3
million, or 38.6 million or 6 percent
when compared to 2003 before the increases in 2004 in non-recurring charges of
$11 .----The Daniels
Corporation, a global organization specializing in reusable sharps
containers , has signed a multi-year contract with Cardinal Health,
Inc. Shapes can be machined for
prototype evaluations as well as finished parts; film and sheet can be
thermoformed on conventional equipment .

fluorocarbon konark

Graham Packaging nearly doubled the size of its pro forma sales in 2004 to
$2.5 percent in units sold contributing to the 38 percent increase
in sales revenue, as the container business for the key food and beverage
category continued to show strong growth.1) 6.8
Project charges 10. Details are available at http://www.solvay.

konark thermoformer

, Graham Packaging Holdings Company ,
parent company of Graham Packaging Company, L., today reported net sales of
$1,353. One-time costs
to achieve these savings are expected to be approximately $160 million, with
approximately two-thirds coming by December 31, 2005. However, after taking into account these one-time costs, the
company recorded a net loss of $40.3 71.4 0., Daniels has
operations in Arizona, Indiana, Minnesota, California, Virginia, West
Virginia and New Jersey, as well as in Canada, New Zealand and the
United Kingdom.
"We are very excited about the opportunity to partner with Modern
Plastics," said Shawn Shorrock, global medical market manager for Solvay
Advanced Polymers .
RADEL(R) R resins can be processed following standard methods for
injection molding, extrusion and blow molding.

blister thermoformers

Graham Packaging's Acquisition of O-I Plastics Unit Helps Drive 38 Percent Increase in Net Sales in 2004

"The increase in sales was due to our own organic growth coupled with the
fourth quarter 2004 acquisition of the blow-molded plastic container business
of Owens -Illinois," Graham Packaging Chairman and CEO Philip R."
Consistent with Graham's basis for the acquisition, Yates expects the
integration plan to be fully implemented within the next 18 months and, as of
today, the company estimates that it will net nearly $70 million in improved
operating income with approximately $100 million in cost savings. The company estimates
that approximately half of the improvement will come in 2005.8 million, and impairment charges of $4.
"We are extremely pleased about being able to provide our
Sharpsmart System to the healthcare market through a leading
distributor such as Cardinal Health," said David Skinner, vice
president, The Daniels Corporation . Custom colors of transparent and
opaque products are also available.