May 6, 2002Offers for Jefferson Smurfit Continue

DUBLIN, IRELAND & NEW YORK, NY -- Jefferson Smurfit Group plc, made the following announcement recently regarding recent market speculation that a buyer or buyers were interested of the paper-based packaging group:

Smurfit is aware of recent market speculation in connection with a possible offer for the company.
Smurfit confirms it has received an approach from a third party. Discussions are at a preliminary stage and may or may not lead to an offer being made for part or all of the company. A further statement will be made when appropriate.…
The company says additional information is available on the company's home page, smurfit-group.com.

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