AEP may repurchase 9 7/8% debentures

New York, Nov. 14 - AEP Industries Inc. said that from time to time and as permitted by its various loan agreements, it may repurchase its 9 7/8% senior subordinated debentures.

AEP, a South Hackensack, N.J.-based manufacturer of plastic packaging products for the food/beverage, industrial and agricultural markets, said it does not expect this repurchase activity to exceed $25 million of debentures in its 2004 fiscal year.

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