In 1997, we set out to build a new company from the building blocks of Sealed Air and Cryovac. The foundation for this new company is our shared values and talented employees. To this foundation, we add our strong customer orientation, our global p resence, our complementary product lines, and our continuing commitment to technological leadership.

Working as one company in an entrepreneurial spirit, the new Sealed Air intends to be the world's leading supplier of protective and specialty packaging solutions for industrial, food an consumer products.

T. J. Dermot Dunphy
Chairman and Chief Executive Officer

The Annual Meeting of the Company is tentatively scheduled for May 21, 1999.

As a publicly held company listed on the New York Stock Exchange (NYSE symbol SEE), Sealed Air issues news releases to the general media. They can also be accessed through the company's Web site at http://www.sea ledair.com or directly at http://www.cfonews.com/see.

Sealed Air's quarterly earnings news releases are typically issued in late April, July, and October following the end of the March, June, and September quarters. Releases covering each full fiscal year, ended December 31, are typically issued at the en d of January.

Copies of these releases may be obtained without charge upon request to the Company's fulfillment agent at 1-800-350-9512 or to:

Investor Relations
Sealed Air Corporation
Park 80 East
Saddle Brook, New Jersey 07663-5291
201-791-7600

To receive these releases on a continuing basis, shareholders should renew their requests after January 1 each year. Sealed Air's Annual Report to Shareholders is sent to all shareholders of record and to street name holders through banks and brokerage houses each year, typically in late March.

Sealed Air's annual Form 10-K report to the SEC is available in late March each year, and quarterly Form 10-Q reports are available in mid-May, mid-August, and mid-November.

Copies may be obtained without charge upon request to the Company's fulfillment agent or the Company as indicated above. As with new releases, they can also be seen on the company's Web site at http://www.sealedair.c om or directly at http://www.cfonews.com/see.

J. Ryan Flanagan
Director, Corporate Communications
201-791-7600

EquiServe
First Chicago Trust Division
Post Office Box 2500
Jersey City, New Jersey 07303-2506

For your convenience, our transfer agent maintains a Telephone Response Center to respond to questions that stockholders of record may have about their accounts. You may call them at 201-324-1225 between the hours of 8:00 A.M. and 10:00 P.M., Eastern t ime, seven days a week. Service representatives are available from 8:30 A.M. to 7:00 P.M., Eastern time, Monday through Friday.

When calling, please have your social security number or taxpayer identification number available, and please identify yourself as a Sealed Air shareholder. You will also need to furnish them with the name in which your account is being maintained.

KPMG Peat Marwick LLP
Short Hills, New Jersey