Consumables

Graphic Packaging Increases Prices on Coated and Uncoated Recycled Board

Thursday 10. July 2008 - Graphic Packaging International, Inc., a subsidiary of Graphic Packaging Holding Company (NYSE: GPK), today announced a $50 per ton price increase for its coated recycled board (CRB) and uncoated recycled board (URB) to partially offset increased input costs for fiber, energy and chemicals.

As a result of the rapid escalation of transportation lane and fuel surcharge rates, the Company also announced that it would set new freight allowances.

The price increase will be effective with shipments on or after July 28, 2008 and will apply to all grades supplied by mills in Pekin, IL; Middletown, OH; Kalamazoo, MI; Battle Creek, MI; Philadelphia, PA; Wabash, IN and Santa Clara, CA.

Forward Looking Statements

Statements of the Company’s plans regarding price increases and freight allowances in this release constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the Company’s present expectations. Undue reliance should not be placed on such forward-looking statements, as such statements speak only as of the date on which they are made and the Company undertakes no obligation to update such statements. Additional information regarding these and other risks is contained in the Company’s periodic filings with the SEC.