Statement re amendment of Senior Credit Facilities

Smurfit Kappa Group PLC
                  

Completes amendment of Senior Credit Facilities

Dublin & London, 19 July, 2007: Smurfit Kappa Group plc ('SKG' or the 'Group')
today announced that it has secured approval from its lenders and amended
certain terms of its senior credit facilities including a reduction in margin
across each of the facilities.

Mr Ian Curley, Smurfit Kappa Group Finance Director, commented 'We are pleased
to complete this amendment. This has resulted in a reduction in the Group's
overall cost of debt and gives SKG greater financial flexibility.'

A Group subsidiary today also announced that it has commenced a cash tender
offer for all of its dollar denominated 9.5/8% Senior Notes due 2012 and all of
its euro denominated 10.1/8% Senior Notes due 2012.

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Contacts                                                                Information

Smurfit Kappa Group           [phone]                Beech Hill, Clonskeagh
                                                                  Dublin 4, Ireland
K Capital Source              [phone]                    Ph [phone]
                                                    [e-mail]
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