Glatfelter Announces Early Results for Its Previously Announced Tender Offer; Received Tenders for $152.3M Principal Notes

P. H. Glatfelter (“Glatfelter”)

announced today that as of 5:00 p.m., New York City time, on October 2, 2012 (the “Consent Payment Deadline”), in connection with Glatfelter's previously announced cash tender offer (the “Tender Offer”) for any and all of the $200 million outstanding aggregate principal amount of its 7⅛% Senior Notes due 2016 (the “Notes”) it had received tenders from holders of $152,279,000 in aggregate principal amount, or approximately 76%, of the outstanding Notes. On October 3, 2012, Glatfelter accepted for purchase all of the Notes tendered on or prior to the Consent Payment Deadline. For each $1,000 principal amount of Notes tendered on or before the Consent Payment Deadline, Glatfelter paid $1,026.25, which includes a consent payment of $2.50 per $1,000 principal amount of the Notes.