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                                                                               EFFECTIVE  2/28/00

COUGAR OPAQUE ANNOUNCEMENTS



                                                   PRICE PER 1000
                                                     LESS     1-4     5-9    10-19   20-40
                                                     CTN.    CTNS.   CTNS.   CTNS.   CTNS.

NO. 4 BARONIAL WHITE
  ENVELOPE 70#  3 5/8x5 1/8    2500                 $58.74  $34.27  $28.98  $25.45  $23.89
  PANEL CARDS   3 1/2x4 7/8    2500                  58.74   34.27   28.98   25.45   23.89
  PANEL FOLDERS 4 7/8x7        2500                  69.93   40.79   34.50   30.30   28.44
NO. 4 BARONIAL NATURAL
  ENVELOPE 70#  3 5/8x5 1/8    2500                  61.98   36.16   30.58   26.86   25.21
  PANEL CARDS   3 1/2x4 7/8    2500                  61.98   36.16   30.58   26.86   25.21
  PANEL FOLDERS 4 7/8x7        2500                  72.99   42.58   36.01   31.63   29.68
NO. 5 BARONIAL WHITE
  ENVELOPE 70#  4 1/8x5 1/2    2500                  63.66   37.14   31.41   27.59   25.89
  PANEL CARDS   4    x5 1/4    2500                  67.02   39.10   33.06   29.04   27.25
NO. 5 BARONIAL NATURAL
  ENVELOPE 70#  4 1/8x5 1/2    2500                  66.87   39.01   32.99   28.98   27.19
  PANEL CARDS   4    x5 1/4    2500                  70.23   40.97   34.65   30.43   28.56
NO. 5 1/2 BARONIAL WHITE
  ENVELOPE 70#  4 3/8x5 3/4    2500                  65.49   38.20   32.31   28.38   26.63
  PANEL CARDS   4 1/4x5 1/2    2500                  69.93   40.79   34.50   30.30   28.44
  PANEL FOLDERS 5 1/2x8 1/2    2500                  79.56   46.41   39.25   34.48   32.35
NO. 5 1/2 BARONIAL NATURAL
  ENVELOPE 70#  4 3/8x5 3/4    2500                  68.70   40.08   33.89   29.77   27.94
  PANEL CARDS   4 1/4x5 1/2    2500                  72.99   42.58   36.01   31.63   29.68
  PANEL FOLDERS 5 1/2x8 1/2    2500                  82.77   48.28   40.83   35.87   33.66
NO. 6 BARONIAL WHITE
  ENVELOPE 70#  4 3/4x6 1/2    2500                  78.03   45.52   38.49   33.81   31.73
  PANEL CARDS   4 5/8x6 1/4    2500                  84.60   49.35   41.74   36.66   34.40
  PANEL FOLDERS 6 1/4x9 1/4    2500                  97.32   56.77   48.01   42.17   39.58
NO. 6 BARONIAL NATURAL
  ENVELOPE 70#  4 3/4x6 1/2    2500                  81.39   47.48   40.15   35.27   33.10
  PANEL CARDS   4 5/8x6 1/4    2500                  87.81   51.22   43.32   38.05   35.71
  PANEL FOLDERS 6 1/4x9 1/4    2500                 100.53   58.64   49.59   43.56   40.88
LEE SIZE WHITE
  ENVELOPE 70#  5 1/4x7 1/4    2500                 101.76   59.36   50.20   44.10   41.38
  PANEL CARDS   5 1/8x7        2500                 104.19   60.78   51.40   45.15   42.37
  PANEL FOLDERS 6 5/8x10       2500                 119.94   69.97   59.17   51.97   48.78
LEE SIZE NATURAL
  ENVELOPE 70#  5 1/4x7 1/4    2500                 104.82   61.15   51.71   45.42   42.63
  PANEL CARDS   5 1/8x7        2500                 107.40   62.65   52.98   46.54   43.68
  PANEL FOLDERS 6 5/8x10       2500                 123.18   71.86   60.77   53.38   50.09

Packing: 250 Per Box, 2500 Per Carton


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