RW Packaging Ltd.

RW Packaging Ltd.

July 04, 2005 14:29 ET

RW Packaging Ltd. Increases Sales Forecast for 2005

WINNIPEG, MANITOBA--(CCNMatthews - July 4, 2005) - RW Packaging Ltd. (TSX VENTURE:RWP)

Mr. Henry De Ruiter, President & CEO of the Corporation announces:

The Company is pleased to report it is increasing its forecasted sales growth for the full year a further $700,000, to $1.7 million, over the one million dollar increase it previously disclosed in its first quarter report of May 19, 2005. Accordingly, sales for fiscal 2005 are expected to increase to $11.3 million from the $9.6 million achieved in 2004, an increase of approximately 18 per cent.

Sales for the second quarter ended June 30, 2005 increased more than $600,000, to $3,062,000 from $2,456,000 for the same period in 2004, an increase of more than 24 per cent. For the six months year-to-date, sales are $5,774,000 compared to $5,236,000, an increase of 10 per cent. The Company will report its complete second quarter results at the end of August.

RW is GMP and ISO 9001 & 9002 registered. The Company blends and packages liquid and powder private brand consumer products for major retailers and national brand marketers across North America.

Additional information relating to the Company is available online at or the Company's website at

Shares Issued 6,934,398

2005-06-30 Close $0.25

The TSX Venture Exchange (TSX Venture) has not reviewed, and does not accept responsibility for, the adequacy or accuracy of this release.

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