Atlantis Plastics: Stock Repurchase


FOR IMMEDIATE RELEASE                   FOR FURTHER INQUIRIES:
                                        Earl W. Powell
                                        (305) 858-2200


         ATLANTIS PLASTICS, INC. STOCK REPURCHASE


ATLANTA, GA -- (October 8, 1999) Atlantis Plastics, Inc. (ASE:AGH)
announced that it has repurchased 155,100 shares of its Class A Common
Stock in a privately negotiated transaction, pursuant to its previously
announced stock repurchase program. In November 1996, Atlantis' board of
directors authorized the repurchase of up to 1,000,000 shares of its
Common Stock in open market or privately negotiated transactions.  After
giving effect to this most recent repurchase, Atlantis has repurchased a
total of 697,6 44 shares of Class A Common Stock.  Earl W. Powell,
Atlantis' Chairman, stated that Atlantis will continue to repurchase
shares of Common Stock from time to time pursuant to its stock repurchase
program at prices which the Company deems advantageous.

In mid-September of this year, Atlantis announced that it had retained
First Union Securities, Inc. as its exclusive financial advisor to assist
the Company in exploring strategic alternatives to enhance shareholder
value, which could include a sale, merger or recapitalization of the
Company. 

Atlantis Plastics, Inc. is a leading U.S. manufacturer of polyethylene
stretch and custom films and molded plastic products.  Stretch films are
used to wrap pallets of materials for shipping or storage, and custom
films, which are made-to-order specialty 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.


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