Document:

Stock Certificate of Graphic Packaging International Corporation

The certificate is printed on off-white paper.  Verbiage is in
black ink.  Borders are in blue ink.  The background inside the
borders is light blue.  The Number counter and the Share counter
are displayed to the left and right just above the Company name
block.  A medallion design at the bottom center marks the
location where the corporate seal is affixed.

TEXT - FRONT PAGE

   Number                                              Shares
    -1-                                             -1,000,000-
         GRAPHIC PACKAGING INTERNATIONAL CORPORATION

                     William K. Coors, Jeffrey H. Coors,
                      Joseph Coors Jr., John K. Coors
			      TR UA 08/07/52
This Certifies that         Grover C. Coors Trust        is the

registered holder of    -------ONE MILLION-------        Shares

               of 10% Series B Convertible Preferred Stock

transferable  only  on the books of the Corporation  by  the
holder  hereof  in person or by Attorney upon  surrender  of
this Certificate properly endorsed.

In  Witness  Whereof, the said Corporation has  caused  this
Certificate to be signed by its duly authorized officers and
its Corporate Seal to be hereunto affixed
                      this fifteenth day of August A.D. 2000

                               /s/Jeffrey H. Coors, President

                               /s/Jill B. W. Sisson, Secretary

                           (CORPORATE)
                     	   (  SEAL   )

TEXT - BACK PAGE

For Value Received, ___________ hereby      NOTICE. THE
sell, assign and transfer                   SIGNATURE OF THIS
unto__________________________________      ASSIGNMENT MUST
________________________________Shares      CORRESPOND WITH
represented by the within Certificate,      THE NAME AS
and  do hereby  irrevocably constitute      WRITTEN UPON THE
and appoint                                 FACE OF THE
______________________________Attorney      CERTIFICATE, IN
to transfer the said Shares on the          EVERY PARTICULAR,
books of the within named Corporation       WITHOUT ALTERATION
with full power of substitution in          OR ENLARGEMENT, OR
the premises.                               ANY CHANGE
Dated______________ 19_____                 WHATEVER.
    In presence of

                   ___________________
__________________

The rights and remedies of the holders of the Preferred Stock are
limited by certain standstill and subordination provisions set
forth in that Preferred Stock Purchase Agreement dated August 15,
2000 between the Corporation and the Grover C. Coors Trust, a
copy of which is on file at the Corporation's offices.

The shares represented by this Certificate have not been
registered under the Securities Act of 1933, as amended (the
"Securities Act"), and such securities may not be offered or sold
except pursuant to an exemption from, or in a transaction not
subject to, the registration requirements under the Securities
Act or pursuant to an effective registration statement under the
Securities Act, in each case in accordance with any applicable
securities laws of any State of the United States.SECOND AMENDMENT TO
            REVOLVING CREDIT AND TERM LOAN AGREEMENT

     THIS  SECOND  AMENDMENT TO REVOLVING CREDIT  AND  TERM  LOAN
AGREEMENT (this "Amendment") is entered into as of July 28, 2000,
among  GRAPHIC PACKAGING INTERNATIONAL CORPORATION (formerly  ACX
Technologies, Inc.), a Colorado corporation ("Borrower"), the One-
Year Term Lenders under the Credit Agreement described below, and
the  Guarantors  under  the  Credit  Agreement  described  below.
Reference  is  made  to  the  Revolving  Credit  and  Term   Loan
Agreement,  dated as of August 2, 1999 (as amended to  date,  the
"Credit  Agreement"), among Borrower, Administrative  Agent,  the
Managing Agents, and the Co-Agents thereunder.

       Unless  otherwise  defined in this Amendment,  capitalized
terms  used herein shall have the meaning set forth in the Credit
Agreement;  all  Section and Schedule references  herein  are  to
Sections and Schedules in the Credit Agreement; and all Paragraph
references herein are to Paragraphs in this Amendment.

                            RECITALS

     A.    Borrower has requested that the One-Year Term  Lenders
agree  to  amend  the Credit Agreement to extend the  Termination
Date with respect to the One-Year Term Facility.

     B.    The One-Year Term Lenders are willing to agree to such
amendment, but only upon the conditions, among other things, that
Borrower,  Guarantors, and the One-Year Term Lenders  shall  have
executed  and delivered this Amendment and shall have  agreed  to
the terms and conditions thereof.

     Accordingly, for adequate and sufficient consideration,  the
parties hereto agree, as follows:

Paragraph  1.    Amendment.   Clause (d)  of  the  definition  of
"Termination Date" in Section 1.1 is deleted in its entirety  and
the following is substituted therefor:

          "(d)   for  purposes  of  the  One-Year  Term
          Facility, the earlier of (x) August 15, 2000,
          and  (y)  the  effective date  of  any  other
          termination, cancellation, or acceleration of
          the One-Year Term Facility."

Paragraph  2.    Extension Fee.  On the Effective Date,  Borrower
shall pay to Administrative Agent (for the ratable benefit of the
One-Year  Term Lenders), an amendment fee in an amount  equal  to
$141,000.00.   The  failure  of  Borrower  to  comply  with   the
provisions of this Paragraph 2 shall constitute a payment Default
entitling  Lenders to exercise their respective Rights under  the
Loan Papers.

Paragraph  3.    Effective  Date.  Notwithstanding  any  contrary
provision,  this Amendment is not effective until the  date  (the
"Effective  Date") upon which (a)  Administrative Agent  receives
counterparts of this Amendment executed by Borrower,  Guarantors,
and the One-Year Term Lenders and (b) Borrower pays the extension
fee  required to be paid to Administrative Agent (for the ratable
benefit  of  the  One-Year Term Lenders) on  the  Effective  Date
pursuant to Paragraph 2 hereof.

Paragraph  4.   Acknowledgment and Ratification.  As  a  material
inducement  to the One-Year Term Lenders to execute  and  deliver
this  Amendment, Borrower and each Guarantor (a) consent  to  the
agreements  in this Amendment and (b) agree and acknowledge  that
the  execution, delivery, and performance of this Amendment shall
in  no way release, diminish, impair, reduce, or otherwise affect
the  respective obligations of Borrower or Guarantors under their
respective Collateral Documents, which Collateral Documents shall
remain  in full force and effect, and all Liens, guaranties,  and
Rights thereunder are hereby ratified and confirmed.

Paragraph 5.   Representations.  As a material inducement to  the
One-Year  Term  Lenders  to execute and deliver  this  Amendment,
Borrower  represents and warrants to Lenders (with the  knowledge
and  intent that the One-Year Term Lenders are relying  upon  the
same  in  entering into this Amendment) that as of the  Effective
Date  of  this Amendment and as of the date of execution of  this
Amendment,  (a) all representations and warranties  in  the  Loan
Documents are true and correct in all material respects as though
made  on  the date hereof, except to the extent that (i)  any  of
them  speak  to a different specific date or (ii)  the  facts  on
which  any  of  them were based have been changed by transactions
contemplated or permitted by the Credit Agreement, and (b) except
as  waived  by  this Amendment, no Potential Default  or  Default
exists.

Paragraph 6.   Expenses.  Borrower shall pay all costs, fees, and
expenses  paid  or incurred by Administrative Agent  incident  to
this  Amendment,  including, without limitation,  the  reasonable
fees and expenses of Administrative Agent's counsel in connection
with  the  negotiation, preparation, delivery, and  execution  of
this Amendment and any related documents.

Paragraph  7.    Miscellaneous.   This  Amendment  is   a   "Loan
Document" referred to in the Credit Agreement, and the provisions
relating  to Loan Documents in Section 13 of the Credit Agreement
are  incorporated in this Amendment by reference.  Unless  stated
otherwise  (a) the singular number includes the plural  and  vice
versa and words of any gender include each other gender, in  each
case,  as  appropriate,  (b) headings and  captions  may  not  be
construed in interpreting provisions, (c) this Amendment must  be
construed, and its performance enforced, under New York law,  (d)
if  any  part  of this Amendment is for any reason  found  to  be
unenforceable,  all  other  portions of  it  nevertheless  remain
enforceable, and (e) this Amendment may be executed in any number
of  counterparts  with the same effect as if all signatories  had
signed  the same document, and all of those counterparts must  be
construed together to constitute the same document.

Paragraph  8.   Entire Agreement.  This Amendment represents  the
final  agreement between the parties about the subject matter  of
this  Amendment and may not be contradicted by evidence of prior,
contemporaneous, or subsequent oral agreements  of  the  parties.
There are no unwritten oral agreements between the parties.

Paragraph  9.    Parties.  This Amendment  binds  and  inures  to
Borrower,  Administrative Agent, Lenders,  and  their  respective
successors and assigns.

     The  parties hereto have executed this Amendment in multiple
counterparts  on the date stated on the signature  pages  hereto,
but effective as of the Effective Date.

             Remainder of Page Intentionally Blank.
                   Signature Pages to Follow.

     Signature Page to that certain Second Amendment to Revolving
Credit and Term Loan Agreement dated as of the date set forth
above, among Graphic Packaging International Corporation, as
Borrower, the One-Year Term Lenders, and the Guarantors under the
Credit Ageement.

                              GRAPHIC   PACKAGING   INTERNATIONAL
			      CORPORATION, as Borrower

                              By:
                                   Name:
                                   Title:

                              CHRONOPOL, INC., as a Guarantor
                              GAC ALUMINUM CORPORATION, as a
                              Guarantor
                              GOLDEN TECHNOLOGIES COMPANY, INC.,
                              as a Guarantor
                              GP HOLDINGS, INC., as a Guarantor
                              GRAPHIC PACKAGING CORPORATION, as a
                              Guarantor
                              GRAPHIC PACKAGING CORPORATION OF
                              VIRGINIA, as a Guarantor
                              GRAPHIC PACKAGING HOLDINGS INC., as
                              a Guarantor
                              GTC NUTRITION COMPANY, as a
                              Guarantor
                              LAUENER ENGINEERING LIMITED, as a
                              Guarantor
                              UNIVERSAL PACKAGING CORPORATION,
                              as a Guarantor

                              By:
                                   Name:
                                   Title:

                              GEI BROKERS, INC., as a Guarantor
                              GOLDEN EQUITIES, INC., as a
                              Guarantor

                              By:
                                   Name:
                                   Title:

                                                                ,
                              as a One-Year Term Lender

                              By:
                                   Name:
                                   Title:

                                                                ,
                              as a One-Year Term Lender

                              By:
                                   Name:
                                   Title:

                              By:
                                   Name:
                                   Title:

                                                                ,
                              as a One-Year Term Lender

                              By:

                                   By:
                                        Name:
                                        Title:

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