Schoeller Arca Systems Completes Successful Debt Restructuring

MUNICH, December 15 - Schoeller Arca Systems announced that it has successfully restructured
its debts with the backing of its shareholders.

After a court in the Netherlands has approved the restructuring plan for
Schoeller Arca Systems, the borrower, requested by the senior lenders, has
sold the business in a pre-packaged sale to a new entity of the old
shareholders, who remain important to ensure the continuation of the
business. Schoeller Arca had made several balanced proposals which were
continuously rejected and therefore had made a court ruling necessary.

The restructuring involved significant new equity injection from the
existing shareholders. Schoeller Arca is substantially deleveraged by this
restructuring which makes it fit for the current market environment.

The restructuring was advised among others by Latham&Watkins, Houlihan
Lokey and Nauta Dutilh.

Schoeller Arca Systems is the global market leader for returnable
transport containers and pallets, for materials handling, offering a broad
range of products which improve its customers' logistics, carbon footprint
and support their brand. Combining a global presence with local partnerships
in over 50 countries, it provides reliable, high quality and sustainable
returnable packaging systems and services to a diverse range of industries
including beverages, automotive, agriculture, pharmacy, retail and postal
services. For further information see www.schoellerarca.com.

    Contact:

    Philipp Kahlenberg
    Schoeller Holding GmbH
    Tel.: +49-89-55277-102
    email: philipp.kahlenberg@schoeller.org

Contact: Philipp Kahlenberg, Schoeller Holding GmbH, Tel. +49-89-55277-102, email philipp.kahlenberg at schoeller.org