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                                                                               EFFECTIVE  2/28/00

COUGAR OPAQUE CATALOGS



    VELLUM & SMOOTH FINISH
                                                   PRICE PER 1000
                                                     LESS     1-4     5-9    10-19   20-40
NO.           SIZE       COLOR  PACKING              CTN.    CTNS.   CTNS.   CTNS.   CTNS.
VELLUM FINISH
WHITE
     60   6     x 9         500                    $123.63  $72.12  $60.99  $53.57  $50.28
          9     x12         500                     203.04  118.44  100.17   87.98   82.57
         10     x13         500                     214.65  125.21  105.89   93.02   87.29
NATURAL
     60   6     x 9         500                     128.22   74.80   63.26   55.56   52.14
          9     x12         500                     207.63  121.12  102.43   89.97   84.44
         10     x13         500                     219.24  127.89  108.16   95.00   89.16
SMOOTH FINISH
WHITE
     70   9     x12         500                     236.55  137.99  116.70  102.51   96.20
         10     x13         500                     253.53  147.89  125.07  109.86  103.10
NATURAL
     70   9     x12         500                     241.14  140.67  118.96  104.49   98.06
         10     x13         500                     258.12  150.57  127.34  111.85  104.97


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