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Tuesday 30. June 2009

Crown Holdings, Inc. Recommends Rejection of ‘Mini-Tender’ Offer from TRC Capital

Crown Holdings, Inc. (NYSE:CCK) today said it has been notified of an unsolicited “mini-tender” offer by TRC Capital Corporation, a private Canadian investment company, to purchase up to three million shares of Crown’s common stock, which represents about 1.9% of Crown’s outstanding common stock. Crown noted that TRC’s unsolicited offer of $21.50 per share was approximately 4.75% below the $22.57 closing price of Crown stock on June 24, 2009, the day before the offer was commenced.

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