1408075--2/23/2010--GRAPHIC_PACKAGING_HOLDING_CO

related topics
{cost, operation, labor}
{condition, economic, financial}
{property, intellectual, protect}
{cost, regulation, environmental}
{tax, income, asset}
{product, market, service}
There is no guarantee that the Company s efforts to reduce costs, or to maintain current level run rates for realized cost synergies and operating efficiencies, will be successful. If a material percentage of the ownership interests in the Company s stockholders who own five percent or more of the Company s common stock are sold or transferred, the Company s ability to use its net operating losses to offset its future taxable income may be limited under Section 382 of the Internal Revenue Code. Work stoppages and other labor relations matters may make it substantially more difficult or expensive for the Company to manufacture and distribute its products, which could result in decreased sales or increased costs, either of which would negatively impact the Company s financial condition and results of operations. The Company may not be able to adequately protect its intellectual property and proprietary rights, which could harm its future success and competitive position. Competition for sales of the Company s products could have an adverse effect on the Company s financial results. The Company is subject to environmental, health and safety laws and regulations, and costs to comply with such laws and regulations, or any liability or obligation imposed under such laws or regulations, could negatively impact its financial condition and results of operations. The Company s working capital, cash flow and profitability could be adversely impacted by the current economic downturn, changes in governmental regulations, and the global consolidation of the businesses of the Company s customers.

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