JSCE, Inc.

JSCE, Inc.. The Group's principal activities are to manufacture and market packaging products. The Group's operations are conducted through three business segments. Containerboard and Corrugated Containers, Consumer Packaging, and Reclamation. Containerboard and Corrugated Containers segment offers corrugated containers, containerboard and solid bleached sulfate. Consumer packaging segment provides folding cartons, coated recycled boxboard, laminated products and paper, foil and heat transfer labels. Reclamation segment procures fiber resources for the paper mills of the Group and other producers. The Group also offers specialty packaging products including paper tubes and cores, solid fiber partitions and consumer packaging. The Group is a wholly owned subsidiary of Smurfit-Stone Container Corporation. Containerboard & corrugated containers acctd for 60% of 2003 revs; Consumer packaging, 28%; Reclamation, 12%