Peter C. Collier Appointed Vice President, European Metal Closures Business for Crown Holdings

Friday, March 21, 2003
Investors

PHILADELPHIA, March 21 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) today announced that Peter C. Collier has been named Vice President of the Company's European Metal Closures Division. Collier has worked in the packaging industry for 20 years, all of which have been with Crown Holdings, Inc. and its subsidiary companies. Previously, Collier served as Head of Mergers & Acquisitions for the Company's European Division and has also acted as Treasurer of CarnaudMetalbox.

"Collier's record of successful management and innovative thinking will be invaluable in helping customers achieve a competitive advantage," said William Apted, President of Crown Cork & Seal Europe. "His efforts will contribute to Crown's position as the preferred metal closures resource to customers worldwide."

Currently, Crown's European metal closures business has production plants in Spain, Italy, Germany, the United Kingdom and Poland. Closures Europe sells its products and closing solutions technology throughout the European continent, Central and Eastern Europe.

Collier will also oversee the development of the division's popular Press Twist (PT) family of closures for major multinational baby food customers, including the tamper-evident PT plus product line.

Crown Holdings, Inc. is the world's leading supplier of metal and plastic closures, principally to the food, beverage and personal care markets, with worldwide sales approaching US$1 billion. The Company has a unique global position in the industry, offering an extensive range of metal and plastic closures and closing and dispensing solutions to multinational customers.

Collier is a graduate of Durham University in the United Kingdom and has a master's degree in Economics from Warwick University.

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

Source: Crown Holdings, Inc.

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