PHILADELPHIA’S S. WALTER PACKAGING, CORP. MAKES THE PHILADELPHIA 100® AS ONE OF THE REGION’S FASTEST GROWING PRIVATELY-HELD COMPANIES

Philadelphia, October 24, 2005 – Andy Wilson is pleased to announce that S. Walter Packaging, Corp. has been recognized as one of the fastest growing, privately held companies in the ten county Philadelphia region. SWP has provided creative ideas, distribution solutions and distinctive packaging to retailers since 1904 through long-term partnerships with world-class customers throughout the U.S. and Canada. The Company has facilities nationwide— five distribution centers and numerous sales offices in the U.S. and in Canada. Corporate offices are in Philadelphia, Pennsylvania.

The 2005 Philadelphia 100 marks the 17th Anniversary of the founding of this prestigious research project and event. S. Walter Packaging, Corp. will be honored at The 2005 Philadelphia 100 Awards Dinner and Ceremony, held on October 27, 2005 at The Wyndham Franklin Plaza Hotel at 17th and Race Streets from 5:30 to 9 pm. This year’s event is being sponsored by Reed Smith (Gold), Sabre Systems (Bronze), National Penn Bank (Bronze), Wachovia Bank (Bronze) and The Philadelphia Business Journal (Media Sponsor).

The Philadelphia 100 was founded in 1988 to publicly identify, recognize and promote young successful companies in the Greater Philadelphia region. Previously recognized companies include NovaCare, Forman Mills, ATX, Mothers Work, Diamond Couriers, West Coast Video, Spectacor, Urban Outfitters and Kremer Laser Eye Center, among many others. The Philadelphia 100 is a meritorious designation based on verifiable revenue growth as reported on federal tax forms. The Philadelphia 100 is a registered trademark of the Entrepreneurs’ Forum of Greater Philadelphia, The Philadelphia Business Journal and The Wharton Small Business Development Center. For more information about the Philadelphia 100, please visit the website at www.Philadelphia100.com.