Statement re Pricing of 10-Year Senior Notes Of...

Statement re Pricing of 10-Year Senior Notes Offering

Smurfit Kappa Group PLC

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF SMURFIT KAPPA ACQUISITIONS. NOT FOR DISTRIBUTION OR RELEASE IN OR INTO ANY JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW

Smurfit Kappa Announces the Pricing of a €250,000,000

10-Year Senior Notes Offering at a yield of 2.75%

SKG.I SKG.L

Dublin, London | 11th February 2015: Smurfit Kappa Group plc (the "Group"), one of the world’s largest integrated manufacturers of paper-based packaging products, with operations in Europe and the Americas, today announces that it has successfully completed the pricing of an offering of €250 million of euro denominated senior notes due 2025 to be issued by its wholly-owned subsidiary, Smurfit Kappa Acquisitions. The proceeds of the offering will be used to reduce term loan borrowings under the senior facilities agreement of Smurfit Kappa Acquisitions.

The notes are being offered in a private placement and there will be no public offering of the notes. The notes will be offered and sold only to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act and to non-U.S. persons outside the United States in accordance with Regulation S under the Securities Act of 1933, as amended (the "U.S. Securities Act").

The notes priced at par and have a coupon of 2.75%. The closing of the sale of the notes is scheduled to be completed on 16 February 2015, and is subject to customary conditions.

About Smurfit Kappa

Smurfit Kappa is one of the leading providers of paper-based packaging solutions in the world, with around 42,000 employees in approximately 350 production sites across 32 countries and with revenue of €8.1 billion in 2014. We are located in 21 countries in Europe, and 11 in the Americas. We are the only large-scale pan-regional player in Latin America.

With our pro-active team we relentlessly use our extensive experience and expertise, supported by our scale, to open up opportunities for our customers. We collaborate with forward thinking customers by sharing superior product knowledge, market understanding and insights in packaging trends to ensure business success in their markets. We have an unrivalled portfolio of paper-packaging solutions, which is constantly updated with our market-leading innovations. This is enhanced through the benefits of our integration, with optimal paper design, logistics, timeliness of service, and our packaging plants sourcing most of their raw materials from our own paper mills. Our products, which are 100% renewable and produced sustainably, improve the environmental footprint of our customers.

Contacts
Seamus Murphy Smurfit Kappa T: [phone] E: [e-mail] Â	Â	FTI Consulting   T: [phone] E: [e-mail]

Forward Looking Statements

Some statements in this announcement are forward-looking. They represent expectations for SKG's business, and involve risks and uncertainties. These forward-looking statements are based on current expectations and projections about future events. SKG believes that current expectations and assumptions with respect to these forward-looking statements are reasonable. However, because they involve known and unknown risks, uncertainties and other factors, which are in some cases beyond SKG's control, actual results or performance, may differ materially from those expressed or implied by such forward-looking statements.

The financial information above is subject to change as our financial statements are reviewed by us and our auditors.

This press release shall not constitute an offer of securities for sale in the United States or any other jurisdiction. The securities have not been, and will not be, registered under the U.S. Securities Act or the securities laws of any state of the United States or any other jurisdiction and the securities may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state or local securities laws.

This announcement is for information purposes only and is directed only at: (a) persons in member states of the European Economic Area who are qualified investors (as defined in EU directive 2003/71/EC (as amended) (the "Prospectus Directive"); (b) persons in the United Kingdom who are qualified investors and who are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) persons falling within Article 49(2) (a) to (d) ("high net worth companies, unincorporated associations, etc.") of the Order; or (iii) persons to whom it may otherwise be lawfully communicated (all such persons in (a) and (b) together being referred to as "relevant persons"). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons. No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will not be accepted.