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Fuji Photo Film Says Key Waiting Period has Expired in PrimeSource Deal

Press release from the issuing company

ELMSFORD, NY, October 2, 2001 – Fuji Photo Film U.S.A., Inc. announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, applicable to the pending tender offer by its subsidiary, FPF Acquisition Corp., for all outstanding shares of common stock (and associated rights) of PrimeSource Corporation (PSRC/Nasdaq National Market) expired at 11:59 p.m., New York City time, on September 24, 2001. The tender offer and withdrawal rights will expire at 12:00 midnight, New York City time, on Tuesday, October 9, 2001, unless the offer is extended. The tender offer is being made pursuant to the terms of a previously announced merger agreement between Fujifilm and PrimeSource. In the merger to occur following the consummation of the tender offer, each share of PrimeSource common stock which is outstanding and not purchased pursuant to the tender offer will be converted into the right to receive $10.00 in cash. The tender offer is conditioned upon, among other things, the tender of PrimeSource shares which, together with the shares already owned by Fujifilm, represent at least 80% of the shares outstanding on the expiration date of the offer, and the other conditions listed in the Offer to Purchase. Questions or requests for assistance may be directed to Bear, Stearns & Co., Inc., which is acting as Dealer Manager for the tender offer, or to D.F. King & Co., Inc., which is acting as Information Agent for the tender offer. Copies of the offering materials may be obtained from the Information Agent. Fuji Photo Film U.S.A., Inc. is the U.S. marketing subsidiary of Fuji Photo Film Co., Ltd. of Tokyo (FUJIY), a leading global manufacturer of imaging and information products, that provides a complete portfolio of imaging and information products, services and e-solutions to retailers, consumers, professionals and business customers.