<SEC-DOCUMENT>0001157523-17-001256.txt : 20170427
<SEC-HEADER>0001157523-17-001256.hdr.sgml : 20170427
<ACCEPTANCE-DATETIME>20170427171555
ACCESSION NUMBER:		0001157523-17-001256
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170427
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170427
DATE AS OF CHANGE:		20170427

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			APTARGROUP INC
		CENTRAL INDEX KEY:			0000896622
		STANDARD INDUSTRIAL CLASSIFICATION:	PLASTICS PRODUCTS, NEC [3089]
		IRS NUMBER:				363853103
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11846
		FILM NUMBER:		17790282

	BUSINESS ADDRESS:	
		STREET 1:		475 W TERRA COTTA AVE
		STREET 2:		STE E
		CITY:			CRYSTAL LAKE
		STATE:			IL
		ZIP:			60014
		BUSINESS PHONE:		8154770424

	MAIL ADDRESS:	
		STREET 1:		475 W. TERRA COTTA AVE. SUITE E
		CITY:			CRYSTAL LAKE
		STATE:			IL
		ZIP:			60014
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51548954.htm
<DESCRIPTION>APTARGROUP, INC. 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-size: 12pt; font-family: Times New Roman"><b>Washington,
      D.C. 20549</b></font><br><br><font style="font-size: 16pt; font-family: Times New Roman"><b>FORM
      8-K</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>
      Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font><br><br><br><u><font style="font-size: 12pt; font-family: Times New Roman">April
      27, 2017</font></u><br><font style="font-size: 9pt; font-family: Times New Roman">Date
      of Report (Date of earliest event reported)</font><br><br><br><u><font style="font-size: 14pt; font-family: Times New Roman"><b>AptarGroup,
      Inc.</b></font></u><br><font style="font-size: 9pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><font style="font-size: 12pt">Delaware</font></u>
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; width: 34%; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><font style="font-size: 12pt">1-11846</font></u>
          </p>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; width: 33%; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><font style="font-size: 12pt">36-3853103</font></u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction of
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            incorporation)
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; width: 34%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File Number)
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; width: 33%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><font style="font-size: 12pt">475 West Terra Cotta Avenue,
            Suite E, Crystal Lake, Illinois 60014</font></u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of principal executive offices)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman">Registrant&#8217;s
      telephone number, including area code: </font><u><font style="font-size: 12pt">815-477-0424</font></u><font style="font-size: 12pt">.</font><br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 12pt">N/A</font>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Former name or former address, if changed since last report)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c)) </font>
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      Item 2.02&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Results
      of Operations and Financial Condition</u>.
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      On April 27, 2017, AptarGroup, Inc. announced certain information
      related to its results of operations for the quarter ended March 31,
      2017.&#160;&#160;The press release regarding this announcement is furnished as
      Exhibit 99.1 hereto.
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      The information in Item 2.02 of this Form 8-K and the Exhibits attached
      hereto shall not be deemed &quot;filed&quot; for purposes of Section 18 of the
      Securities Exchange Act of 1934, as amended, nor shall they be deemed
      incorporated by reference in any filing under the Securities Act of
      1933, except as shall be expressly set forth by specific reference in
      such filing.
    </p>
    <p style="white-space: nowrap">
      Item 9.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Financial
      Statements and Exhibits.</u>&#160;&#160;&#160;&#160;&#160;&#160;
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">
      (d) Exhibits
    </p>
    <p style="white-space: nowrap; text-indent: 30.0px">
      99.1&#160;&#160;&#160;&#160;&#160;&#160;Press release issued by AptarGroup, Inc. dated April 27, 2017.
    </p>
    <p>

    </p>
    <p style="text-align: center">
      <u><font style="font-size: 10pt; font-family: Times New Roman">SIGNATURES</font></u><br><br>
    </p>
    <p style="text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the
      undersigned, thereunto duly authorized.</font>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 5%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>AptarGroup, Inc.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 5%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 35%">

        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 5%; padding-bottom: 2.0px">
          Date:
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 45%; padding-bottom: 2.0px">
          April 27, 2017
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 5%; padding-bottom: 2.0px">
          By:
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; border-bottom-color: black; width: 35%; border-bottom-width: 1.0pt; border-bottom-style: solid">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Robert W. Kuhn
          </p>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Robert W. Kuhn
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Executive Vice President,
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Financial Officer and Secretary
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center; font-family: Times New Roman; font-size: 10pt">
          2
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u>Exhibit Index</u><br><br><br><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="margin-left:auto;margin-right:auto; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; white-space: nowrap; width: 12%; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 88%">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release issued by AptarGroup, Inc. dated April 27, 2017.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: center">
      3
    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51548954ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>AptarGroup
      Reports Increased First Quarter Revenue and Earnings; Continued
      Investment in Connected Electronic Drug Delivery Devices</b></font>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--April 27, 2017--AptarGroup, Inc.
      (NYSE:ATR) today announced increased revenue, net income and earnings
      per share for the first quarter of 2017. In addition, AptarGroup
      announced its continued investment in the field of connected electronic
      drug delivery devices.
    </p>
    <p style="text-align: center">
      <b>First Quarter Summary</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Reported sales grew 3%; growth in Beauty + Home and Pharma offset
        decline in Food + Beverage</b>
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Excluding the negative impact from changes in foreign currency
        exchange rates and the positive contribution from an acquisition, core
        sales also increased 3%</b>
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Reported earnings per share were $0.81, which includes a $0.04 tax
        benefit not included in previous first quarter guidance, compared to
        $0.67 in the prior year (+21%); when adjusting for special items and
        changes in currency exchange rates, comparable earnings per share for
        the prior year were $0.74 (+9%)</b>
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Earnings per share for both the current and prior year included
        certain tax benefits amounting to approximately $0.04 in each
        respective period</b>
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Received the first order for European Medicines Agency
        (EMA)-approved integrated electronic nasal lockout device (Aptar&#8217;s
        eLockout)</b>
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Acquired 20%</b> <b>minority ownership position in Kali Care, a
        Silicon Valley-based technology company, which provides digital
        monitoring systems for ophthalmic medications</b>
      </li>
    </ul>
    <p>
      <b>First Quarter Results</b>
    </p>
    <p>
      For the quarter ended March 31, 2017, reported sales increased 3% to
      $601 million from $582 million a year ago. Core sales, which exclude the
      negative impact from changes in currency exchange rates and the positive
      contribution from the Mega Airless acquisition, also increased by 3%.
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 8pt">
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: center">
          <b>First Quarter Segment Sales Analysis</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: center">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i><b>(Change Over Prior Year)</b></i>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          Beauty +
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          Food +
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">
          Total
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: right; padding-bottom: 2.0px">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Home
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Pharma
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Beverage
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          AptarGroup
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Core Sales Growth
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          1%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          10%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          (1%)
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          3%
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Acquisitions
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          3%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          1%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          --
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          2%
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Currency Effects <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (1%)
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (3%)
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (2%)
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (2%)
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Total Reported Sales Growth
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          3%
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          8%
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          (3%)
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          3%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (1) - Currency effects are approximated by translating last year's
            amounts at this year's foreign exchange rates.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      Commenting on the quarter, Stephan Tanda, President and CEO, said, &#8220;We
      are pleased to report core sales growth after a challenging second half
      of 2016. The diversity of our business continues to be a key strength.
      Our Pharma segment had an excellent quarter with growth across all three
      of its markets. The destocking effect that we saw at the end of 2016
      appears to be over and we saw more normalized order levels in the
      prescription market and strong demand in the consumer health care market
      for decongestants and ophthalmics. We also achieved core sales growth in
      our Beauty + Home segment and were able to offset continuing challenges
      in the U.S. market with growth in the other regions. Our Beauty + Home
      and Food + Beverage segments were negatively affected by rising raw
      material costs, and our Food + Beverage segment was further impacted by
      lower sales volumes in the Chinese beverage market.&#8221;
    </p>
    <p>
      Aptar reported earnings per share of $0.81 compared to $0.67 per share a
      year ago. Comparable adjusted earnings per share for the first quarter
      of 2016 totaled $0.74 per share.
    </p>
    <p>
      <b>Continued Investment in Connected Electronic Drug Delivery Devices</b>
    </p>
    <p>
      In the quarter, Aptar received an order for the first integrated
      electronic nasal lockout device (Aptar&#8217;s eLockout) approved by the EMA
      following a multi-year development with Takeda Pharmaceuticals
      International AG. This represents a major milestone, with the eLockout
      device being the first and only fully integrated electronic nasal drug
      delivery device to be approved by a European regulatory authority. The
      Aptar eLockout device uses advanced electronic technology that
      facilitates safe patient compliance by limiting the number of doses
      available during a 24 hour period and features a child-resistant cap.
    </p>
    <p>
      In addition, Aptar signed an agreement to acquire a 20% minority
      ownership position in Kali Care, a Silicon Valley-based technology
      company, which provides digital-monitoring systems for ophthalmic
      medications. Kali Care&#8217;s sensing technology allows clinicians to collect
      real time compliance data. For example, the ability to see the
      medication-adherence score of patients with glaucoma is a powerful tool
      for ophthalmologists in managing the care of their patients. Aptar&#8217;s
      leading dispensing technologies combined with Kali Care&#8217;s smart sensors,
      data analytics and cloud services has the potential to become a valuable
      solution for clinicians. In 2016, we announced our partnership with
      Propeller Health, a leading digital platform for respiratory health
      management, to develop a fully-integrated connected metered dose inhaler
      (cMDI) that combines electronic sensing, dose counting and wireless
      communicating capabilities.
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Commenting on the strategy, Tanda explained, &#8220;This is an important step
      in our journey to leverage our leading drug delivery technologies to
      develop the next generation of connected electronic devices. These
      strategic collaborations underline Aptar&#8217;s commitment to breaking new
      ground with health care innovations.&#8221;
    </p>
    <p>
      <b>Outlook</b>
    </p>
    <p>
      Commenting on Aptar&#8217;s outlook, Tanda said, &#8220;Looking to the second
      quarter, we currently expect growth in our Pharma and Food + Beverage
      segments. Our Beauty + Home segment may be impacted by uncertainties,
      including the pace of economic growth in the U.S. and Brazil. I am
      optimistic that we will continue to grow each of our business segments
      over the long-term by executing on customer projects and developing new
      business. I am also excited to continue to meet with our customers and
      visit our facilities as we focus on key areas such as innovation, sales,
      marketing and business development and pursue further growth
      opportunities.&#8221;
    </p>
    <p>
      Aptar expects earnings per share for the second quarter to be in the
      range of $0.92 to $0.97 compared to $0.91 per share reported in the
      prior year. Our guidance range is based on an effective tax rate range
      of 26.5% to 27.5% which includes an estimate of a potential tax benefit
      from our adoption of the new accounting standard for share-based
      compensation. Adjusting for changes in foreign currency exchange rates,
      comparable adjusted earnings per share for the prior year were
      approximately $0.87.
    </p>
    <p>
      <b>Cash Dividend</b>
    </p>
    <p>
      As previously reported, the Board of Directors declared a quarterly cash
      dividend of $0.32 per share. The payment date is May 24, 2017, to
      stockholders of record as of May 3, 2017.
    </p>
    <p>
      <b>Open Conference Call</b>
    </p>
    <p>
      There will be a conference call on Friday, April 28, 2017 at 8:00 a.m.
      Central Time to discuss Aptar&#8217;s first quarter results for 2017. The call
      will last approximately one hour. Interested parties are invited to
      listen to a live webcast by visiting the Investor Relations page at <u>www.aptar.com</u>.
      Replay of the conference call can also be accessed for a limited time on
      the Investor Relations page of the website.
    </p>
    <p>
      Aptar is a leading global supplier of a broad range of innovative
      dispensing and sealing solutions for the beauty, personal care, home
      care, prescription drug, consumer health care, injectables, food and
      beverage markets. Aptar is headquartered in Crystal Lake, Illinois, with
      manufacturing facilities in North America, Europe, Asia and South
      America. For more information, visit <u>www.aptar.com</u>.
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Presentation of Non-GAAP Information</b>
    </p>
    <p>
      This press release refers to certain non-GAAP financial measures,
      including prior year adjusted earnings per share and adjusted EBITDA,
      which exclude the impact of transaction costs and purchase accounting
      adjustments that affected inventory values related to the Mega Airless
      acquisition. Core sales and adjusted earnings per share also exclude the
      impact of foreign currency translation effects. Non-GAAP financial
      measures may not be comparable to similarly titled non-GAAP financial
      measures provided by other companies. Aptar&#8217;s management believes these
      non-GAAP financial measures provide useful information to our investors
      because they allow for a better period over period comparison of
      operating results by removing the impact of items that, in management&#8217;s
      view, do not reflect Aptar&#8217;s core operating performance. These non-GAAP
      financial measures also provide investors with certain information used
      by Aptar&#8217;s management when making financial and operational decisions.
      These non-GAAP financial measures should not be considered in isolation
      or as a substitute for GAAP financial results, but should be read in
      conjunction with the unaudited condensed consolidated statements of
      income and other information presented herein. A reconciliation of
      non-GAAP financial measures to the most directly comparable GAAP
      measures is included in the accompanying tables.
    </p>
    <p>
      <i>This press release contains forward-looking statements, including
      certain statements set forth under the &#8220;Outlook&#8221; section of this press
      release. Words such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221;
      &#8220;estimates,&#8221; &#8220;future,&#8221; &#8220;potential&#8221; and other similar expressions or
      future or conditional verbs such as &#8220;will,&#8221; &#8220;should,&#8221; &#8220;would&#8221; and
      &#8220;could&#8221; are intended to identify such forward-looking statements.
      Forward-looking statements are made pursuant to the safe harbor
      provisions of Section 27A of the Securities Act of 1933 and Section 21E
      of the Securities Exchange Act of 1934 and are based on our beliefs as
      well as assumptions made by and information currently available to us.
      Accordingly, our actual results may differ materially from those
      expressed or implied in such forward-looking statements due to known or
      unknown risks and uncertainties that exist in our operations and
      business environment including, but not limited to, the possible impact
      and consequences of the fire at the Company&#8217;s facility in Annecy,
      France; economic conditions worldwide including potential deflationary
      conditions in regions we rely on for growth; political conditions
      worldwide; significant fluctuations in foreign currency exchange rates;
      changes in customer and/or consumer spending levels; financial
      conditions of customers and suppliers; consolidations within our
      customer or supplier bases; fluctuations in the cost of materials,
      components and other input costs; the availability of raw materials and
      components; our ability to successfully implement facility expansions
      and new facility projects; our ability to increase prices, contain costs
      and improve productivity; changes in capital availability or cost,
      including interest rate fluctuations; volatility of global credit
      markets; cybersecurity threats that could impact our networks and
      reporting systems; fiscal and monetary policies and other regulations,
      including changes in tax rates; direct or indirect consequences of acts
      of war or terrorism; work stoppages due to labor disputes; and
      competition, including technological advances. For additional
      information on these and other risks and uncertainties, please see our
      filings with the Securities and Exchange Commission, including the
      discussion under &#8220;Risk Factors&#8221; and &#8220;Management&#8217;s Discussion and
      Analysis of Financial Condition and Results of Operations&#8221; in our Form
      10-Ks and Form 10-Qs. We undertake no obligation to update any
      forward-looking statements, whether as a result of new information,
      future events or otherwise.</i>
    </p>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 8pt">
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: center">
          <b>AptarGroup, Inc.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: center">
          <b>Condensed Consolidated Financial Statements (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: center">
          (In Thousands, Except Per Share Data)
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: center">
          <i><b>Consolidated Statements of Income</b></i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          Three Months Ended
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          March 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2017</u>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2016</u>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net Sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          601,316
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          582,338
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Cost of Sales (exclusive of depreciation and amortization shown
          below) (1)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          384,932
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          374,203
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Selling, Research &amp; Development and Administrative (2)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          101,516
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          103,015
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Depreciation and Amortization
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          37,331
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          35,887
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Operating Income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          77,537
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          69,233
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Other Income/(Expense):
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Interest Expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (8,262
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (8,591
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Interest Income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          330
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          584
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Equity in Results of Affiliates
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (48
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (121
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Miscellaneous, net
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (77
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (1,260
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Income before Income Taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          69,480
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          59,845
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Provision for Income Taxes
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          17,675
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          15,979
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net Income
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          51,805
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          43,866
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Net Loss/(Income) Attributable to Noncontrolling Interests
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          15
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (3
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Net Income Attributable to AptarGroup, Inc.
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          51,820
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          43,863
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net Income Attributable to AptarGroup, Inc. per Common Share:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px">
          Basic
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          0.83
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          0.70
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px">
          Diluted
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          0.81
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          0.67
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Average Numbers of Shares Outstanding:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Basic
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          62,355
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          62,722
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Diluted
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          64,234
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          65,063
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>Notes to the Condensed Consolidated Financial Statements:</i>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (1)&#160;&#160;For the quarter ended March 31, 2016, Cost of Sales included
            the effect of approximately $2.6 million of purchase accounting
            adjustments to inventory related to the Mega Airless acquisition.
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="9">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="9" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (2) For the quarter ended March 31, 2016, Selling, Research &amp;
            Development and Administrative included approximately $5.6 million
            of costs related to the Mega Airless acquisition.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 8pt">
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <b>AptarGroup, Inc.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <b>Condensed Consolidated Financial Statements (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <i>(continued)</i>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <i>(In Thousands)</i>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <i><b>Consolidated Balance Sheets</b></i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>March 31, 2017</u>
          </p>
        </td>
        <td>

        </td>
        <td valign="top" colspan="2" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>December 31, 2016</u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          ASSETS
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Cash and Equivalents
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          284,727
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          466,287
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Receivables, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          474,957
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          433,127
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Inventories
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          309,592
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          296,914
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Other Current Assets
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          87,458
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          73,842
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Total Current Assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,156,734
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,270,170
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net Property, Plant and Equipment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          798,630
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          784,321
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          411,272
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          407,522
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Other Assets
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          157,003
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          144,772
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Total Assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          2,523,639
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          2,606,785
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          LIABILITIES AND EQUITY
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Short-Term Obligations
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          9,938
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          173,816
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Accounts Payable and Accrued Liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          402,993
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          369,139
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Total Current Liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          412,931
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          542,955
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Long-Term Obligations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          771,291
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          772,737
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Deferred Liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          98,800
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          116,851
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Total Liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,283,022
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,432,543
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          AptarGroup, Inc. Stockholders' Equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,240,338
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,173,950
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Noncontrolling Interests in Subsidiaries
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          279
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          292
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Total Equity
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          1,240,617
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          1,174,242
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Total Liabilities and Equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          2,523,639
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          2,606,785
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 8pt">
      <tr>
        <td valign="top" colspan="25" style="padding-left: 0.0px; text-align: center">
          <b>AptarGroup, Inc.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="25" style="padding-left: 0.0px; text-align: center">
          <b>Reconciliation of Adjusted EBIT and Adjusted EBITDA to Net Income
          (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="25" style="padding-left: 0.0px; text-align: center">
          <i>(In Thousands)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="23" style="padding-left: 0.0px; text-align: center">
          Three Months Ended
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="23" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          March 31, 2017
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center">
          Beauty +
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td colspan="3">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center">
          Food +
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center">
          Corporate &amp;
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: right; padding-bottom: 2.0px">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Consolidated
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Home
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Pharma
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Beverage
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Other
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          Net Interest
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Net Sales</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>601,316</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          322,448
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          196,912
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          81,956
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Reported net income</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>51,805</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          <b>Reported income taxes</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          <b>17,675</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Reported income before income taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>69,480</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>22,208</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>59,070</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>7,140</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>(11,006</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>(7,932</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjustments:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          None
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjusted earnings before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          69,480
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          22,208
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          59,070
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          7,140
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (11,006
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (7,932
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          8,262
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          8,262
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Interest income
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (330
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (330
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjusted earnings before net interest and taxes (Adjusted EBIT)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          77,412
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          22,208
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          59,070
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          7,140
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (11,006
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          37,331
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          19,880
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          9,771
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          5,806
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          1,874
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          -
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted earnings before net interest, taxes, depreciation and
          amortization (Adjusted EBITDA)
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          114,743
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          42,088
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          68,841
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          12,946
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          (9,132
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          -
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Segment income margins (Income before income taxes / Reported Net
          Sales)
        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          6.9
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          30.0
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          8.7
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjusted EBITDA margins (Adjusted EBITDA / Reported Net Sales)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          19.1
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          13.1
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          35.0
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          15.8
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="23" style="padding-left: 0.0px; text-align: center">
          Three Months Ended
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="23" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          March 31, 2016
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: right">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          Beauty +
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          Food +
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          Corporate &amp;
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: right; padding-bottom: 2.0px">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">

        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Consolidated
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Home
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Pharma
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Beverage
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Other
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          Net Interest
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Net Sales</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>582,338</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          314,336
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          183,135
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          84,867
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Reported net income</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>43,866</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          <b>Reported income taxes</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          <b>15,979</b>
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Reported income before income taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>59,845</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>23,528</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>53,236</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>9,283</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>(18,195</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>(8,007</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjustments:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Transaction costs related to the Mega Airless acquisition
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          5,640
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          5,640
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Purchase accounting adjustments related to Mega Airless inventory
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          2,577
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          2,151
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          426
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjusted earnings before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          68,062
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          25,679
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          53,662
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          9,283
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (12,555
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (8,007
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          8,591
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          8,591
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Interest income
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (584
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td colspan="3" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (584
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjusted earnings before net interest and taxes (Adjusted EBIT)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          76,069
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          25,679
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          53,662
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          9,283
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          (12,555
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          35,887
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          19,258
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          9,257
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          5,824
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          1,548
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          -
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted earnings before net interest, taxes, depreciation and
          amortization (Adjusted EBITDA)
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          111,956
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          44,937
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          62,919
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          15,107
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          (11,007
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          )
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          -
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Segment income margins (Income before income taxes / Reported Net
          Sales)
        </td>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          7.5
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          29.1
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          10.9
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjusted EBITDA margins (Adjusted EBITDA / Reported Net Sales)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          19.2
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          14.3
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          34.4
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          17.8
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 8pt">
      <tr>
        <td valign="top" colspan="8" style="padding-left: 0.0px; text-align: center">
          <b>AptarGroup, Inc.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="8" style="padding-left: 0.0px; text-align: center">
          <b>Reconciliation of Adjusted Earnings Per Diluted Share (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="8" style="padding-left: 0.0px; text-align: center">
          <b>($ in thousands, except per share information)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          Three Months Ended
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="6" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          March 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" colspan="2" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2017</u>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2016</u>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Income before Income Taxes</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>69,480</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>59,845</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Adjustments:</u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Transaction costs related to the Mega Airless acquisition
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          5,640
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Purchase accounting adjustments related to Mega Airless inventory
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          2,577
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Foreign currency effects (1)
        </td>
        <td>

        </td>
        <td colspan="2" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (1,540
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted Income before Income Taxes
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          69,480
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          66,522
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Provision for Income Taxes</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>17,675</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>15,979</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Adjustments:</u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Transaction costs related to the Mega Airless acquisition
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,483
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Purchase accounting adjustments related to Mega Airless inventory
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          859
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Foreign currency effects (1)
        </td>
        <td>

        </td>
        <td colspan="2" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (331
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted Provision for Income Taxes
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          17,675
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          17,990
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Net (Income)/Loss Attributable to Noncontrolling Interests</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>15</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>(3</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Net Income Attributable to AptarGroup, Inc.</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>51,820</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>43,863</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Adjustments:</u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Transaction costs related to the Mega Airless acquisition
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          4,157
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Purchase accounting adjustments related to Mega Airless inventory
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          1,718
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Foreign currency effects (1)
        </td>
        <td>

        </td>
        <td colspan="2" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (1,209
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted Net Income Attributable to AptarGroup, Inc.
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          51,820
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          48,529
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Average Number of Diluted Shares Outstanding</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>64,234</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>65,063</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Net Income Attributable to AptarGroup, Inc. Per Diluted Share</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>0.81</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>0.67</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Adjustments:</u>
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Transaction costs related to the Mega Airless acquisition
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          0.06
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Purchase accounting adjustments related to Mega Airless inventory
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          0.03
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Foreign currency effects (1)
        </td>
        <td>

        </td>
        <td colspan="2" style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (0.02
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted Net Income Attributable to AptarGroup, Inc. Per Diluted
          Share
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          0.81
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          0.74
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="8" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>(1) Foreign currency effects are approximations of the
            adjustment necessary to state the prior year earnings and earnings
            per share using current period foreign currency exchange rates.</i>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-left: 0pt; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-family: Times New Roman; margin-bottom: 10.0px; font-size: 8pt">
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <b>AptarGroup, Inc.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <b>Reconciliation of Adjusted Earnings Per Diluted Share (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: center">
          <b>($ in thousands, except per share information)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="top" colspan="5" style="padding-left: 0.0px; text-align: center">
          Three Months Ended
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" colspan="5" style="padding-left: 0.0px; text-align: center; border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          June 30,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Expected 2017</u>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" colspan="3" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2016</u>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Income before Income Taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>84,358</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Adjustments:</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Foreign currency effects (1)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (3,156
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted Income before Income Taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          81,202
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Provision for Income Taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>25,307</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Adjustments:</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Foreign currency effects (1)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (791
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted Provision for Income Taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          24,516
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Net (Income)/Loss Attributable to Noncontrolling Interests</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>(3</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; padding-right: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Net Income Attributable to AptarGroup, Inc.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>59,048</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Adjustments:</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Foreign currency effects (1)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (2,365
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted Net Income Attributable to AptarGroup, Inc.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          56,683
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Average Number of Diluted Shares Outstanding</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>64,785</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Net Income Attributable to AptarGroup, Inc. Per Diluted Share (2)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; padding-right: 0.0px">
          $0.92 - $0.97
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; padding-right: 0.0px">
          <b>0.91</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Adjustments:</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px">
          Foreign currency effects (1)
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 1.0pt; border-bottom-style: solid">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          (0.04
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left; white-space: nowrap; border-bottom-color: black; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-style: solid">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px">
          Adjusted Net Income Attributable to AptarGroup, Inc. Per Diluted
          Share (2)
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: center; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $0.92 - $0.97
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          $
        </td>
        <td valign="bottom" style="padding-left: 0.0px; text-align: right; white-space: nowrap; border-bottom-color: black; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-style: double">
          0.87
        </td>
        <td style="border-bottom-color: black; border-bottom-width: 2.25pt; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>(1) Foreign currency effects are approximations of the
            adjustment necessary to state the prior year earnings per share
            using foreign currency exchange rates as of March 31, 2017.</i>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" colspan="7" style="padding-left: 0.0px; text-align: left">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>(2)</i> AptarGroup&#8217;s expected earnings per share range for the
            second quarter of 2017 <i>is based on an effective tax rate range
            of 26.5% to 27.5% which includes an estimate of a potential impact
            from our adoption of the new accounting standard for share-based
            compensation.</i>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>AptarGroup, Inc.<br><u><b>Investor Relations Contact</b></u><b>:</b><br>Matthew
      DellaMaria<br><u>matt.dellamaria@aptar.com</u><br>815-477-0424<br>or<br><u><b>Media
      Contact:</b></u><br>Katie Reardon<br><u>katie.reardon@aptar.com</u><br>815-477-0424
    </p>
    <p>

    </p>
  </body>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
