Sealed Air Declares Quarterly Cash Dividend

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Thu Oct 13, 2011 4:30pm EDT

ELMWOOD PARK, N.J., Thursday, October 13, 2011 - Sealed Air Corporation (NYSE:SEE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share.  The dividend is payable on December 16, 2011 to stockholders of record at the close of business on December 2, 2011.

Business

Sealed Air is the new global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap® brand cushioning, Cryovac® brand food packaging solutions and Diversey® brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations. On a pro forma basis, Sealed Air generated revenue of $7.6 billion in 2010 and has approximately 26,000 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com.

Forward-Looking Statements

Company statements in this press release may be forward-looking.  These statements include comments as to future events that may affect the Company, which are based upon management's current expectations and are subject to uncertainties, many of which are outside the Company's control.  Forward-looking statements can be identified by such words as "anticipates," "expects," "will" and similar expressions. A variety of factors may cause actual results to differ materially from these expectations, including:  economic conditions affecting packaging utilization; changes in raw material costs; currency translation effects; and legal proceedings. For more extensive information, see "Risk Factors" and "Cautionary Notice Regarding Forward-Looking Statements," which appear in our most recent annual report on Form 10-K, as filed with the Securities and Exchange Commission, and as may be revised and updated by our Forms 10-Q and 8-K.

Contact

Amanda H. Butler
Director, Investor Relations
201-703-4210
Investor.relations@sealedair.com




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Source: Sealed Air Corporation via Thomson Reuters ONE
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