DS Smith Sale of Demes Logistics



6 January 2010

DS Smith Sells the Business and Assets ofDemes Logistics

DS Smith Plc (SMDS), the international packaging manufacturer and office products wholesaler, has completed the sale of the business and assets of Demes Logistics to Cartonplast Holding, the international transport packaging group. Demes had gross assets of €11.2m as at 31 October 2009.

Demes had become a non-core business within the Group's Plastic Packaging segment.

Enquiries

DS Smith Plc 01628 583 400

Steve Dryden, Group Finance Director

Liz Christie, Group Investor Relations Manager

Financial Dynamics 020 7831 3113

Andrew Dowler