Crown Cork & Seal Announces Venture With Nestle in Russia

Monday, November 4, 2002
Investors

PHILADELPHIA, Nov. 4 /PRNewswire-FirstCall/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) today announced a long-term agreement with Nestle in Russia for the supply of cans for Nescafe, the leading coffee brand in Russia and the world.

Beginning mid-2003, Crown Cork & Seal will assemble three can sizes (50g, 100g and 250g) in a Nestle plant in Timashevsk, southern Russia. The Crown Cork & Seal plant will be part of the Nescafe repacking facility, opened in June of last year.

Material, pre-printed to Nestle's requirements, will be supplied by Crown's facility in Thessaloniki, Greece to the assembly lines in Timashevsk.

Crown Cork & Seal is very pleased to be selected by Nestle as their partner for such an important growth opportunity, said William R. Apted, President, European Division for Crown Cork & Seal. This agreement represents another step in providing local support for Crown's customers in Eastern Europe.

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

SOURCE Crown Cork & Seal Company, Inc.

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/CONTACT: In Europe: Martin Reynolds, Marketing Director, Food Europe, +33 149 18 4177 or martin.reynolds@eur.crowncork.com; or in the United States: Raymond McGowan, President, U.S. Food Can Division, +1-215-698-5099 or ray.mcgowan@crowncork.com; or for investors: Timothy J. Donahue, Senior Vice President - Finance, +1-215-698-5100, all of Crown Cork & Seal/

/Web site: https://www.crowncork.com /

(CCK)

CO: Crown Cork & Seal Company, Inc.; Nestle
ST: Pennsylvania, Russia, Greece
IN: FOD
SU: JVN

JA
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5326 11/04/2002 10:19 EST http://www.prnewswire.com

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