Crown Holdings Elects G. Fred DiBona, Jr. to Board of Directors

Thursday, March 4, 2004

PHILADELPHIA, March 4 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced today that G. Fred DiBona, Jr., 53, has been elected to the Company's Board of Directors. Mr. DiBona is currently the President and Chief Executive Officer of Independence Blue Cross, Chairman, President and Chief Executive Officer of Keystone Health Plan East, a wholly owned subsidiary of Independence Blue Cross and Chairman, President and Chief Executive Officer of AmeriHealth, Inc., a subsidiary health insurance company. The Board now has 12 members.

Mr. DiBona has demonstrated leadership in the Greater Philadelphia region's business, governmental and civic arenas for more than 25 years. Prior to joining Independence Blue Cross in 1990, Mr. DiBona held several positions of increasing responsibility and management roles for the City of Philadelphia Zoning Board of Adjustment, the Philadelphia Port Corporation and the Greater Philadelphia Chamber of Commerce. In 1987, Mr. DiBona founded Keystone Ventures, Inc., which has become Keystone Health Plan East, the region's largest and most successful health maintenance organization.

"We are delighted to welcome Fred to the Board," said John W. Conway, Chairman of the Board, President and Chief Executive Officer of Crown Holdings, Inc. "His diverse talents and experience in all levels of management will assist in guiding our overall business development and growth strategy."

Mr. DiBona has been recognized with several prestigious awards, including being named as a co-recipient with former President George Bush of the National Patriot's Award from the Congressional Medal of Honor Society. He also serves on the Boards of Exelon Energy Company, Tasty Baking Company and Aqua America, Inc.

Mr. DiBona is a graduate of Davis and Elkins College and the Delaware School of Law.

Crown Holdings, Inc., through its affiliated companies, is a leading supplier of packaging products to consumer marketing companies around the world. World headquarters are located in Philadelphia, PA.

SOURCE Crown Holdings, Inc.