Avery Dennison Expands Distribution Center in Vietnam

HO CHI MINH, Vietnam - May 26, 2007 - Avery Dennison Vietnam today announced the opening of new distribution center to support the Company's continuous investment in high growth market.

According to Asia Monitor, May 2007 report, Vietnam is the second fastest growing economy in the Asia-Pacific region after China, posting robust growth of more than 8% consistently over the past 3 years.

"We believe the growth prospects in Vietnam will continue to be very strong", says John Quinn, vice president and general manager, Roll Materials Asia Pacific, "This investment is part of our on-going strategy to help our customers assist end users develop more pressure-sensitive decorating applications. We believe the people and distribution center location will help us become a better partner to our Vietnamese customers."

The new distribution center is 28% larger than the previous facility and is now more centrally located. This expansion is being driven by increasing market demand for Fasson- brand pressure-sensitive products, which serve broad consumer labeling needs in many industries, including health and beauty, pharmaceutical, beverage, and variable information processing.

The facility which also housed the sales office is fitted with the latest slitting equipments. With the new distribution center, Avery Dennison is able to meet customer demand at shorter delivery times.

TG Yeo, vice president and general manager, Materials ASEAN add, "Vietnam represents an important growth opportunity for Avery Dennison. That's why there is a new distribution center opening in Ho Chi Minh City, where most business activities are situated. By moving closer to our customers, we'll be able to offer them better service and offer them a wide range of products that fulfill their needs."

Background Information

Avery Dennison is a global leader in pressure-sensitive labeling materials, office products and retail tag, ticketing and branding systems. Based in Pasadena, Calif., Avery Dennison is a FORTUNE 500 company with 2006 sales of $5.6 billion. Avery Dennison employs more than 22,000 individuals in 49 countries worldwide who apply the Company's technologies to develop, manufacture and market a wide range of products for both consumer and industrial markets. Products offered by Avery Dennison include Avery-brand office products and graphics imaging media, Fasson-brand self-adhesive materials, peel-and-stick postage stamps, reflective highway safety products, labels for a wide variety of automotive, industrial and durable goods applications, brand identification and supply chain management products for the retail and apparel industries, and specialty tapes and polymers.

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