CHICAGO, Sept. 22, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP announce the following:

 TO: All persons or entities that purchased Sealed Air Corporation
     ("Sealed Air") securities from March 27, 2000 through July 30, 2002,
     both dates inclusive (the "Class Period").
     Excluded from the Class are defendants, officers and directors of
     Sealed Air, and their families and affiliates.

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the District of New Jersey, that a hearing will be held on December 2, 2009, at 10:00 a.m., before the Honorable Dennis M. Cavanaugh in Courtroom 4 of the United States District Court for the District of New Jersey, Martin Luther King, Jr. Federal Building & U.S. Courthouse, 50 Walnut Street, Newark, New Jersey 07101, to determine: (1) whether the settlement of the Class's claims against the Defendants for $20,000,000, should be approved as fair, just, reasonable and adequate; (2) whether the proposed Plan of Allocation is fair, just, reasonable, and adequate; (3) whether the application of Class Counsel for an award of attorneys' fees and expenses should be approved; (4) whether the Class Representative should be granted a compensatory award; and (5) whether the Litigation should be dismissed with prejudice as set forth in the Stipulation filed with the Court.

If you are a member of the Class, your rights are affected by this action and you may have the right to participate in any recovery. You also have the right to exclude yourself from the Class in accordance with the directions set forth in a more detailed Notice of Pendency of Class Action, which was mailed to persons and entities identified from the records of defendant Sealed Air Corporation as members of the Class. That Notice of Pendency of Class Action describes the Class Action and your rights with respect thereto.

If you have not received a more detailed Notice by mail, please contact the Claims Administrator by mail at Sealed Air Corporation Securities Litigation, c/o Berdon Claims Administration LLC, P.O. Box 9014, Jericho, New York 11753-8914, by telephone at: (800) 766-3330; by fax at: (516) 931-0810; or by downloading these documents from www.berdonclaims.com.

Inquiries, other than requests for the Notice, may be made to Co-Counsel for the Class:

  Patrick V. Dahlstrom            Lionel Z. Glancy
  Pomerantz Haudek                Glancy Binkow & Goldberg LLP
   Grossman & Gross LLP           1801 Avenue of the Stars
  Ten South La Salle Street       Suite 311
  Suite 3505                      Los Angeles, California 90067
  Chicago, Illinois 60603         Telephone:  (310) 201-9150 or
  Telephone: (312) 377-1181       Toll free (888) 773-9224
  pdahlstrom@pomlaw.com           info@glancylaw.com.
         INQUIRIES SHOULD NOT BE DIRECTED TO THE COURT, THE
         CLERK'S OFFICE, DEFENDANTS, OR DEFENDANTS' COUNSEL
 Dated: September 22, 2009        By Order of the Court
                                  United States District Court
                                  District of New Jersey

CONTACT:  Berdon Claims Administration LLC
          (800) 766-3330
          www.berdonclaims.com