KPPC Kapstone Paper And Packaging (MM)

NORTHBROOK, Ill., May 27 /PRNewswire-FirstCall/ -- KapStone Paper and Packaging Corporation (NASDAQ:KPPC), a leading North American producer of unbleached kraft paper products and linerboard, is planning to accelerate the release of its second quarter 2009 earnings. In consideration of the outstanding warrants that will expire on August 15, 2009, and to allow warrant holders time to evaluate the Company's results prior to the expiration of the warrants, the Company is planning to release its second quarter earnings by up to ten days earlier than its quarterly SEC reporting deadline of August 10, 2009. The Company's ability to accelerate the earnings release is dependent on satisfactory completion of ordinary quarterly closing procedures. In July, the Company will announce the actual reporting date. About the Company Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of unbleached kraft paper products and linerboard. The Company is the parent company of KapStone Kraft Paper Corporation which includes paper mills in Roanoke Rapids, NC and North Charleston, SC, a lumber mill in Summerville, SC, and five chipping mills in South Carolina. The business employs approximately 1,550 people. DATASOURCE: KapStone Paper and Packaging Corporation CONTACT: Andrea K. Tarbox, Vice President and Chief Financial Officer of KapStone Paper and Packaging Corporation, +1-847-239-8812 Web Site: http://www.kapstonepaper.com/

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