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By Prne, Gaea News Network
Wednesday, September 2, 2009

Crown Holdings, Inc. Announces Final Results of Tender Offer for Any and All First Priority Senior Secured Notes Due 2011

PHILADELPHIA, August 13, 2010 - Crown Holdings, Inc. (the "Company") (NYSE: CCK) today announced the
final results of its previously announced tender offer (the "Offer") for any
and all of the outstanding 6.250% First Priority Senior Secured Notes due
2011 (the "Notes") of Crown European Holdings SA, a subsidiary of the
Company.

At 5:00 p.m., Central European Time (CET) (11:00 a.m., Eastern Daylight
Time
(EDT)), on August 12, 2010, the aggregate principal amount of Notes
tendered in the Offer was euro 65,078,000. All of the Notes that were
tendered are expected to be accepted for payment by the Company, with
settlement expected to occur on or about August 17, 2010. The Notes expected
to be accepted for purchase represent approximately 43.4% of the euro
149,861,000 million
aggregate principal amount of the Notes outstanding prior
to the Offer. Notes purchased in the Offer will be cancelled.

The purchase price to be paid to holders for each euro 1,000 principal
amount of the Notes purchased in the Offer is an amount in cash equal to euro
1,042.5
, plus accrued and unpaid interest from and including the last
interest payment date up to, but excluding, the settlement date. The
aggregate consideration to be paid by the Company for the Notes expected to
be accepted for payment, including accrued and unpaid interest, is
approximately euro 69.7 million. Following the completion of the Offer, euro
84,783,000
aggregate principal amount of Notes will remain outstanding.

The Tender Offer was made pursuant to the Company's Offer to Purchase
dated August 4, 2010. Citigroup Global Markets Inc. acted as dealer manager
for the Offer. This press release is neither an offer to purchase nor a
solicitation of an offer to sell securities.

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, all other information in this press
release consists of forward-looking statements. These forward-looking
statements involve a number of risks, uncertainties and other factors,
including that the Offer is subject to a number of conditions (including the
availability of borrowings), and that the final terms of the Offer may vary
as a result of market and other conditions, that may cause actual results to
be materially different from those expressed or implied in the
forward-looking statements. There can be no assurance that the Offer will be
completed on the terms described herein or at all. Important factors that
could cause the statements made in this press release or the actual results
of operations or financial condition of the Company to differ are discussed
under the caption "Forward-Looking Statements" in the Company's Form 10-K
Annual Report for the year ended December 31, 2009 and in subsequent filings
made prior to or after the date hereof. The Company does not intend to review
or revise any particular forward-looking statement in light of future events.

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

    For more information, contact:
    Thomas A. Kelly, Senior Vice President - Finance,
    +1-215-698-5341, or
    Ed Bisno, Bisno Communications,
    +1-212-717-7578.

Thomas A. Kelly, Senior Vice President - Finance, +1-215-698-5341, or Ed Bisno, Bisno Communications, +1-212-717-7578

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