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*SMART PAPERS                                                                  EFFECTIVE  9/27/04

CARNIVAL LAID WRITING



   RECYCLED* - 30% POST CONSUMER WASTE
   LAID FINISH
                                                   PRICE PER 1000
                                                     LESS     1-4     5-9    10-19   20-40
NO.  SUB.     SIZE       COLOR  PACKING              CTN.    CTNS.   CTNS.   CTNS.   CTNS.
6 3/4 24  3 5/8 x 6 1/2  WHITE     5000             $94.41  $55.07  $46.58  $40.91  $38.39
      24                 A CLRS    5000              98.70   57.58   48.69   42.77   40.14
      24                 B CLRS    5000             100.38   58.56   49.52   43.50   40.82
      24                 C CLRS    5000             104.97   61.23   51.79   45.49   42.69
      24                 D CLRS    5000             105.72   61.67   52.16   45.81   42.99
MON.  24  3 7/8 x 7 1/2  WHITE     2500             113.37   66.13   55.93   49.13   46.10
      24                 A CLRS    2500             118.89   69.35   58.65   51.52   48.35
      24                 B CLRS    2500             120.87   70.51   59.63   52.38   49.15
      24                 C CLRS    2500             126.84   73.99   62.57   54.96   51.58
      24                 D CLRS    5000             127.92   74.62   63.11   55.43   52.02
10    24  4 1/8 x 9 1/2  WHITE     2500             130.65   76.21   64.45   56.62   53.13
      24                 A CLRS    2500             137.25   80.06   67.71   59.48   55.82
      24                 B CLRS    2500             139.83   81.57   68.98   60.59   56.86
      24                 C CLRS    2500             147.33   85.94   72.68   63.84   59.91
      24                 D CLRS    2500             148.71   86.75   73.36   64.44   60.48
A COLORS: SKY
B COLORS: IVORY, SOFT WHITE
C COLORS: STELLAR WHITE
D COLORS: SOFT QUARTZ, WHITE QUARTZ

* Note: Stellar White is not recycled.


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