LAKE FOREST, Ill - August 1, 2002 - Watch your cake sales rise with Pactiv's (NYSE: PTV) newly redesigned ¼ and ½ Sheet Cake Domes and Bases with the popular SmartLock® Closure System. Featuring superior clarity and secure stacking, operators can count on these containers to beautifully merchandise and protect their cakes and entice their customers to purchase.

The new SmartLock® ¼ and ½ Sheet Cake containers are available in 5 different configurations ranging from shallow and deep domes to black and clear bases. The highlight of the new Sheet Cake containers is the SmartLock® closure. The SmartLock® closure is easy to use, aids in employee efficiency and maintains a secure closure. In addition, the containers feature interlocking bases to securely lock cake boards into the base of the container.

For more information or a free brochure on the new ¼ and ½ SmartLock® Sheet Cake Domes and Bases or any of Pactiv's extensive line of supermarket / foodservice packaging, contact the Pactiv Information Center at (800) 476-4300.

Pactiv Corporation (NYSE:PTV) is a leading producer of specialty packaging products. With sales of $2.8 billion, 13,000 employees and operations in 13 countries, Pactiv is a market leader in three growth sectors of the packaging industry: Consumer Products, with the Hefty® brand, Foodservice/Food Packaging, and Protective and Flexible Packaging.

Please mail all sales leads to:

Pactiv Corporation
Foodservice/Food Packaging Information Center
11445 Johns Creek Parkway
Duluth, GA 30097