Jarden Corporation fourth quarter net sales increased 9% to $1.1 billion compared to $975 million for the same period in the previous year. Net income was $35.7 million, or 52 cents per diluted share, for the quarter compared to $2.5 million, or four cents per diluted share, in the fourth quarter of 2005.

On a non-GAAP basis, as adjusted net income was $54.8 million, or 80 cents per diluted share, an increase of 57% per diluted share, for the quarter ended December 31, 2006, compared to $34.5 million, or 51 cents per diluted share, in the fourth quarter of 2005.

For the year ended December 31, 2006, net sales increased 21% to $3.85 billion compared to $3.2 billion for the same period in the previous year. Net income allocable to common stockholders was $106 million, or $1.59 per diluted share for the year ended December 31, 2006, compared to $12.1 million or 22 cents per diluted share for the year ended December 31, 2005.

On a non- GAAP basis, as adjusted net income was approximately $169 million, or $2.55 per diluted share for the year ended December 31, 2006, an increase of 18% per diluted share, compared to approximately $140 million, or $2.16 per diluted share for the year ended December 31, 2005. The American Household and Holmes Group businesses have been included in the results of operations from January 2005 and July 2005, respectively.

Martin E. Franklin, Chairman and Chief Executive Officer commented: “We are delighted that we were able to deliver a record fourth quarter to round out an exceptional year for Jarden in 2006. The hard work involved with our integration and reorganization efforts, coupled with new product introductions, was well rewarded with significant improvements in operating margins in the second half of the year. Our businesses are well positioned to continue this momentum into 2007. Our shares also performed well during 2006, beating the S&P for the sixth consecutive year driven by organic growth at the high end of our expected range, expanding gross margins and continuing investment in our new products and brands.”

Mr. Franklin continued: “Over the course of the past week we successfully completed our expanded offering of $550 million of 7.5% 10 year senior subordinated notes and expect to close today on an additional $100 million of 7.5% 10 year senior subordinated notes. These issuances not only lay the platform for the long term future growth of our business, but we believe that it also represents a strong vote of confidence by investors in our business model of aggressively and thoughtfully investing in the growth of our brands and opportunistic acquisitions, while maintaining a fiscally conservative position to our debt and coverage ratios. The consistency of approach we have demonstrated over the last six years is continuing to pay off. In the last three months we have raised new capital from both the debt and equity markets and enter 2007 with a commitment to deliver another year of strong performance. I would like to thank all of Jarden's management and employees for their contribution to Jarden's strong performance in 2006 and look forward to continuing our strategy of building a world class consumer products company together in 2007.”