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June 2007

Smurfit-Stone to reduce emissions

Smurfit-Stone Container Corporation has committed to achieving greenhouse gas emission reductions of six percent below baseline by 2010 as a result of becoming a member of the Chicago Climate Exchange (CCX). The CCX is a self-regulatory exchange that administers a voluntary program for reducing and trading greenhouse gas emissions.

As a CCX member, Smurfit-Stone has made a voluntary and legally binding commitment to reduce its greenhouse gas emissions by six percent below baseline by 2010. The baseline measurement period is the average of the years 1998-2001. Verification will be managed by the National Association of Securities Dealers.

Smurfit-Stone’s own paper mills consumed approximately 44 percent of the fiber reclaimed and brokered by its reclamation operations.

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