Reynolds

On September 1, 2010, Reynolds Group Holdings Limited (âRGHLâ) acquired the Reynolds Food and Flexible Packaging group of companies from Reynolds Packaging (NZ) Limited, a New Zealand company which is ultimately owned by the owner of the RGHL, Mr. Graeme Hart. The consideration for the acquisition was approximately US$300 million subject to adjustments in certain circumstances. The consideration was financed from the existing cash reserves of the RGHL group of companies.More info:www.reynoldsgroupholdings.com

NEW YORK—Alcoa announced it has completed the sale of its packaging and consumer businesses to New Zealand’s Rank Group Limited. Alcoa’s packaging and consumer businesses generated approximately 11 percent of Alcoa 2007 revenues and approximately 4.6 percent of 2007 after-tax operating income. Businesses included in the sale are: • Closure Systems International; • Consumer Products, including Reynolds Wrap branded products; • Flexible Packaging; and • Reynolds Food Packaging. In total, these packaging businesses have approximately 9,300 employees in 22 countries around the world. Alcoa will continue to operate its flat-rolled can sheet products serving the packaging market. Alcoa received approximately $2.5 billion in cash

NEW YORK—Alcoa announced it has completed the sale of its packaging and consumer businesses to New Zealand’s Rank Group Limited. Alcoa’s packaging and consumer businesses generated approximately 11 percent of Alcoa 2007 revenues and approximately 4.6 percent of 2007 after-tax operating income. Businesses included in the sale are: • Closure Systems International; • Consumer Products, including Reynolds Wrap branded products; • Flexible Packaging; and • Reynolds Food Packaging. In total, these packaging businesses have approximately 9,300 employees in 22 countries around the world. Alcoa will continue to operate its flat-rolled can sheet products serving the packaging market. Alcoa received approximately $2.5 billion in cash