Atlantis Plastics: Earnings Outlook

FOR IMMEDIATE RELEASE         FOR FURTHER INFORMATION:
                              A. Richard Hurwitz
                              Vice President, Corporate Communications
                              (305) 858-2200

                   ATLANTIS PLASTICS EXPECTS
          RECORD 1998 FIRST QUARTER OPERATING RESULTS, 
                HIGHER THAN ANALYSTS' ESTIMATES 

ATLANTA, GA - (April 16, 1998) Atlantis Plastics, Inc. (ASE:AGH) today
announced that, based on preliminary estimates, its income from continuing
operations for the first quarter ended March 31, 1998 is expected to be
approximately $0.20 to $0.22 per diluted share, compared to a loss from
continuing operations in the first quarter of 1997 of $0.10 per diluted share.
These results are higher than current analysts' estimates of $0.10 per share of
income from continuing operations for the first quarter of 1998. The Company's
first quarter results were positively impacted by improved gross margins in its
stretch and custom film businesses.

The Company expects to report its quarterly results in late April 1998, and an
analysts conference call will be scheduled at that time.

This news release contains certain forward-looking statements which are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from these
statements. These risks include, but are not limited to, raw material costs and
the ability to pass price increases to customers in a timely fashion, industry
overcapacity, product acceptance, technological changes which could alter the
demand for product or adversely impact the competitive cost of production, etc.
All forward-looking statements should be considered in light of these risks and
uncertainties. 

Atlantis Plastics, Inc. is a leading U.S. manufacturer of polyethylene stretch
and custom films and molded plastic products. Stretch films are used
principally to wrap pallets of materials for shipping or storage, and custom
films, which are made-to-order specialty film products, are used in the
industrial and packaging markets.  Atlantis' molded plastic products are used
primarily in the appliance, automotive, agricultural, building supply, and
recreational vehicle industries.

Additional information on Atlantis Plastics, Inc. is available on the Internet
World Wide Web at this address: http://www.cfonews.com/agh; or interested
parties may dial direct by modem to (718) 279-3590; or may send E-mail to
cfo@panix.com, with the subject agh.



Ends.