Brantley Partners IV, L.P. is pleased to announce the recapitalization of WS Packaging Group, Inc. is a leading manufacturer and supplier of pressure sensitive labels and other packaging products for a variety of end markets.  We would like to thank our management partners at WS Packaging, our co-investors, and the senior and subordinated lenders for their contributions to this successful liquidity event. January 2006

Brantley Partners provides equity capital to outstanding middle market companies focused on executing a growth strategy. www.brantleypartners.com Brantley Partners 3201 Enterprise Parkway, Suite 350 Beachwood, OH 44122

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