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Chase Corporation Acquires Paper Tyger

Press release from the issuing company

BRIDGEWATER, Mass.--Dec. 9, 2003-- Chase Corporation today announced that it recently concluded the acquisition of the assets of Paper Tyger, LLC, headquartered in Middlefield, Connecticut. Paper Tyger, LLC is a manufacturer and marketer of laminated, durable papers produced with patented technology. The company's products, marketed under the names Paper Tyger NaturalWhite and SuperWhite, are sold primarily to the envelope converting and commercial printing industries. Chase Corporation currently performs laminating services for Paper Tyger at its facility in Webster, Massachusetts. In making the announcement, Peter R. Chase, President and CEO of Chase Corporation said, "the consolidation of Paper Tyger's unique product range is a logical progression in its evolution. Combining the financial and manufacturing resources of Chase Corporation with the design and marketing skills of Paper Tyger is a winning combination. We are also pleased that Jim Lordi will be joining the Company as its Business Director of Paper Laminates. Jim's technical knowledge and business management experience will be a key to our success."