Walt Disney World utilizes Extrudawood, a wood replacement product

CPI Supplies Walt Disney World

CPI Plastics Group Ltd. ("CPI") announced today that its revolutionary wood replacement product, Extrudawood(TM), is being used to produce outdoor furniture including benches, tables and chairs for the Wilderness Outdoor Lodge at Walt Disney World Co. of Orlando, Florida. The significance of this transaction for CPI is that Disney World has specified that several manufacturers who produce products for Disney normally made from wood, utilize Extrudawood(TM), CPI's wood grained, maintenance free, wood replacement product.

Mr. Peter Clark the Chairman and Chief Executive Officer stated that the order from Walt Disney for furniture manufactured from profile produced by CPI is further evidence of the acceptability of maintenance free plastic wood as a substitute for wood. Extrudawood(TM) is already being extensively used in a wide variety of wood replacement applications, including outdoor decking, window fashions, outdoor spa cladding, and outdoor shutters, gates and other consumer products.

CPI Plastics Group Limited is an international leader in designing, engineering, manufacturing and processing thermoplastics. The Company's portfolio includes technologically advanced custom profile extrusions, film extrusions and a revolutionary plastic wood replacement product - Extrudawood(TM).

Principally serving appliance, automotive, window fashion and a variety of consumer product categories, CPI has 6 manufacturing plants in Ontario, as well as 2 distribution facilities in the U.S. The Company employs more than 730 people. CPI is listed on the Toronto Stock Exchange and trades under the symbol CPI

-- Posted July 18, 2000

Source: CPI Plastics Group Ltd. press release