PHILADELPHIA, Nov. 20 /PRNewswire/ -- Crown Cork & Seal Company, Inc.
(NYSE: CCK; Paris Bourse) today announced that the Company intends to delist
its shares from the Paris Stock Exchange (Bourse) due to consistently low
trading volumes. This action will be effective on December 27, 2001. Crown
has retained Societe Generale as its agent in the delisting process.
Shareholders with shares through Euroclear France System will have the
option to sell their shares on the NYSE or to retain them for future trading
on the NYSE. The Company does not expect this action to have a material
impact on trading volumes on the NYSE.
Crown Cork & Seal is a leading supplier of packaging products to consumer
marketing companies around the world. World headquarters are located in
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SOURCE Crown Cork & Seal Company, Inc.
Web site: http: //www.crowncork.com
CONTACT: Timothy J. Donahue, Senior Vice President - Finance of Crown Cork & Seal Company, +1-215-698-5088