**Exhibit 99.1**

 

**PLIANTCORPORATION**

**Reconciliationof income from continuing operations before income taxes and EBITDA(R) orSegment Profit and Pro Forma EBITDA**

 
| ** **                                          | ** ** | **3 Months Ended**     | ** ** | **3 Months Ended**     | ** ** | **6 Months Ended**     | ** ** | **6 Months Ended**     | ** ** |
|-----------------------------------------------------|------------|------------------------|------------|------------------------|------------|------------------------|------------|------------------------|------------|
| **Amounts in $ millions**                      | ** ** | **June 30, 2008** | ** ** | **June 30, 2007** | ** ** | **June 30, 2008** | ** ** | **June 30, 2007** | ** ** |
| ** **                                          | ** ** | ** **             | ** ** | ** **             | ** ** | ** **             | ** ** | ** **             | ** ** |
| Loss from continuing operations before income taxes |       | $                      | (24.9      | )                      | $          | (5.9                   | )          | $                      | (38.1      | ) | $ | (17.7 | ) |
|                                                |       |                   |       |                   |       |                   |       |                   |       |
| Add(deduct)                                         |       |                   |       |                   |       |                   |       |                   |       |
| Depreciation and amortization                       |       | 11.1                   |       | 11.6                   |       | 21.9                   |       | 23.1                   |       |
| Interest                                            |       | 23.0                   |       | 21.0                   |       | 45.5                   |       | 42.1                   |       |
| Restructuring and other costs                       |       | 6.6                    |       | 0.4                    |       | 6.7                    |       | 1.9                    |       |
| Reorganization and other costs                      |       | 0.1                    |       | 0.4                    |       | 0.1                    |       | 0.7                    |       |
| Other operating costs                               |       | 0.1                    |       | —                 |       | 0.1                    |       | 1.1                    |       |
| Gain on extinquishment of debt                      |       | —                 |       | —                 |       | —                 |       | —                 |       |
| EBITDA(R) or Segment Profit                    |       | $                      | 16.0       |                   | $          | 27.5                   |       | $                      | 36.2       |   | $ | 51.2 |   |
| Plant closing cost savings                          |       | 2.2                    |       | —                 |       | 4.5                    |       | —                 |       |
| Reduction in workforce cost savings                 |       | 0.7                    |       | —                 |       | 2.2                    |       | —                 |       |
| Pro Forma EBITDA                                    |       | $                      | 18.9       |                   | $          | 27.5                   |       | $                      | 42.9       |   | $ | 51.2 |   |

 

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