ATLANTIS PLASTICS ACQUIRES EXTRUSION MASTERS, INC.

ATLANTA, GA - (December 4, 2000) Atlantis Plastics, Inc. (ASE:AGH) today announced that it has acquired the stock and operations of Extrusion Masters, Inc. of Elkhart, IN, a custom profile extruder of thermoplastic parts. The operation will become part of Atlantis Plastics' Molded Products Group and will align with the company's existing extrusion facility also located in Elkhart, IN.

The acquisition further solidifies Atlantis Plastics' position as a leading Midwest supplier of profile extrusions and broadens the scope of markets served.

John Geary, VP and General Manager of Atlantis Plastics commented that "this acquisition combines two of the best workforces in our industry and gives us new capacity for future growth."

Atlantis Plastics, Inc. is a leading U.S. manufacturer of polyethylene stretch and custom films and molded plastic products. Stretch films are used to wrap pallets of materials for shipping or storage, and custom films, which are made-to-order specialty film products, are used in the industrial and packaging markets. Atlantis' molded plastic products are used primarily in the appliance, automotive, agricultural, building supply, and recreational vehicle industries. Additional information is available on the Internet at http://www.atlantisstock.com.

Forward-looking statements may include, but are not limited to, projections of revenues, income or losses, capital expenditures, raw material prices, plans for future operations, financing needs, compliance with financial covenants in loan agreements, plans for liquidation or sale of assets or businesses, plans relating to products or services of the Company, assessments of materiality, predictions of future events, the ability to obtain additional financing, the Company's ability to meet obligations as they become due, the impact of pending and possible litigation, as well as assumptions relating to the foregoing. In addition, when used in this discussion, the words "anticipates," "believes," "estimates," "expects," "intends," "plans" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, including, but not limited to, the impact of leverage, dependence on major customers, fluctuating demand for the Company's products, risks in product and technology development, fluctuating resin prices, competition, litigation, labor disputes, capital requirements, and other risk factors detailed in the Company's Securities and Exchange Commission filings, some of which cannot be predicted or quantified based on current expectations.
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