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KapStone Schedules First-Quarter 2007 Earnings Release for Wednesday, May 9

NORTHFIELD, Ill., May 1 /PRNewswire-FirstCall/ -- KapStone Paper and Packaging Corporation (OTC Bulletin Board: KPPC - ), a leading North American producer of kraft paper and converter of inflatable dunnage bags, will release first-quarter 2007 earnings after the financial markets close on Wednesday, May 9, 2007.

The Company will host a conference call on Thursday, May 10, 2007, at 11 a.m. ET (10 a.m. CT) to review the results for the quarter. All interested parties are invited to listen and may do so by either accessing a simultaneous broadcast webcast on KapStone's website, www.kapstonepaper.com, or for those unable to access the webcast, the following dial-in numbers are available:

    Domestic:  866.383.8008

    International:  617.597.5341

    Participant Passcode: 87034682

The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com) a password-protected event management site.

Replay of the webcast will also be on the Web site beginning at approximately noon ET the same day.

About the Company

Headquartered in Northfield, IL, KapStone Paper and Packaging Corporation is a leading North American producer of kraft paper and converter of inflatable dunnage bags. The company is the parent company of KapStone Kraft Paper Corporation which includes a paper mill in Roanoke Rapids, NC, and Ride Rite®, a dunnage bag plant in Fordyce, AR. The business employs approximately 700 people.