Berry Plastics (BERY) Announces 15M Common Secondary Offering

Berry Plastics Group, Inc. (NYSE: BERY) (the “Company”) announced today the commencement of a proposed secondary public offering of 15,000,000 shares of the Company’s common stock by certain funds affiliated with Apollo Global Management, LLC and certain funds affiliated with Graham Partners, Inc. (collectively, the “Selling Stockholders”). The underwriters will have a 30-day option to purchase up to an additional 2,250,000 shares of common stock from the Selling Stockholders. The Company itself is not selling any shares and will not receive any proceeds from the proposed offering, and it will not change the number of shares of the Company’s common stock that are currently outstanding.

Citigroup, BofA Merrill Lynch, Deutsche Bank Securities, Goldman, Sachs & Co., Credit Suisse, Baird and Barclays are acting as joint book-running managers for the offering.

SunTrust Robinson Humphrey, Wells Fargo Securities and Apollo Global Securities are acting as co-managers for the offering.

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