Market Overview

Sealed Air Acquires AFP

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Acquisition Expands Sealed Air's Protective Packaging Solutions in
Key Markets

Sealed Air Corporation (NYSE:SEE) has further expanded its solutions
portfolio and design capabilities with the acquisition of AFP, Inc., a
leading, privately held fabricator of foam, corrugated, molded pulp and
wood packaging solutions. The sale closed August 1, 2018. Sealed Air
will discuss the acquisition during its second
quarter 2018 earnings conference call
 Thursday, August 2, 2018 at 10
a.m. ET.

AFP specializes in custom-engineered protective packaging for retail,
e-commerce and direct shipping applications. Acquiring the company will
allow Sealed Air to better position its fabricated foam innovations such
as EcoPure, a sustainable solution made from plant-based resin. AFP
generated $125 million in net sales in 2017 and operates six facilities
across the U.S. with further presence in Asia and Mexico. Founded in
1978, it employs 260 and is headquartered in Pflugerville, Texas.

"With the acquisition of AFP, coupled with our 2017 acquisition
of Fagerdala
, Sealed Air will further expand its capability to
provide fabricated designs directly to customers in markets such as
electronics and transportation," said Kenneth P. Chrisman, President of
Sealed Air's Product Care division. "Sealed Air will also continue to
leverage its established network of strategic fabricator partners, which
remains an integral part of the company's strategy to deliver custom
high-performance, sustainable packaging solutions."

About Sealed Air

Sealed Air Corporation is a knowledge-based company focused on packaging
solutions that help our customers achieve their sustainability goals in
the face of today's biggest social and environmental challenges. Our
portfolio of widely recognized brands, including Cryovac®
brand food packaging solutions and Bubble Wrap® brand
cushioning, enable a safer and less wasteful food supply chain and
protect valuable goods shipped around the world. Sealed Air generated
$4.5 billion in sales in 2017 and has approximately 15,000 employees who
serve customers in 122 countries. To learn more, visit sealedair.com.

Website Information

We routinely post important information for investors on our website, www.sealedair.com,
in the "Investors" section. We use this website as a means of disclosing
material, non-public information and for complying with our disclosure
obligations under Regulation FD. Accordingly, investors should monitor
the Investor Relations section of our website, in addition to following
our press releases, SEC filings, public conference calls, presentations
and webcasts. The information contained on, or that may be accessed
through, our website is not incorporated by reference into, and is not a
part of, this document.

Forward-Looking Statements

This press release contains "forward-looking statements" within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 concerning our business, consolidated
financial condition and results of operations. Forward-looking
statements are subject to risks and uncertainties, many of which are
outside our control, which could cause actual results to differ
materially from these statements. Therefore, you should not rely on any
of these forward-looking statements. Forward-looking statements can be
identified by such words as "anticipates," "believes," "plan,"
"assumes," "could," "should," "estimates," "expects," "intends,"
"potential," "seek," "predict," "may," "will" and similar references to
future periods. All statements other than statements of historical facts
included in this press release regarding our strategies, prospects,
financial condition, operations, costs, plans and objectives are
forward-looking statements. Examples of forward-looking statements
include, among others, statements we make regarding expected future
operating results, expectations regarding the results of restructuring
and other programs, anticipated levels of capital expenditures and
expectations of the effect on our financial condition of claims,
litigation, environmental costs, contingent liabilities and governmental
and regulatory investigations and proceedings. The following are
important factors that we believe could cause actual results to differ
materially from those in our forward-looking statements: global economic
and political conditions, currency translation and devaluation effects,
changes in raw material pricing and availability, competitive
conditions, the success of new product offerings, consumer preferences,
the effects of animal and food-related health issues, pandemics, changes
in energy costs, environmental matters, the success of our restructuring
activities, the success of our financial growth, profitability, cash
generation and manufacturing strategies and our cost reduction and
productivity efforts, changes in our credit ratings, the tax benefit
associated with the Settlement agreement (as defined in our 2017 Annual
Report on Form 10-K), regulatory actions and legal matters, and the
other information referenced in the "Risk Factors" section appearing in
our most recent Annual Report on Form 10-K, as filed with the Securities
and Exchange Commission, and as revised and updated by our Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K. Any
forward-looking statement made by us is based only on information
currently available to us and speaks only as of the date on which it is
made. We undertake no obligation to publicly update any forward-looking
statement, whether written or oral, that may be made from time to time,
whether as a result of new information, future developments or otherwise.

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