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                                                                               EFFECTIVE  8/21/06

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                    $167.70  $97.83  $82.73  $72.67  $68.20
          9     x12         500                     277.53  161.89  136.91  120.26  112.86
         10     x13         500                     292.53  170.64  144.31  126.76  118.96
     70  10     x13         500                     345.78  201.71  170.58  149.84  140.62
NATURAL
     60   6     x 9         500                     173.67  101.31   85.68   75.26   70.63
          9     x12         500                     283.05  165.11  139.64  122.66  115.11
         10     x13         500                     298.80  174.30  147.41  129.48  121.51
SMOOTH FINISH
WHITE
     70   9     x12         500                     323.61  188.77  159.65  140.23  131.60
         10     x13         500                     345.78  201.71  170.58  149.84  140.62
NATURAL
     70   9     x12         500                     329.10  191.98  162.36  142.61  133.83
         10     x13         500                     351.60  205.10  173.46  152.36  142.98


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