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Coleman Parent
Ends 2009 With Strong Cash Position

Jarden Provides Update to Preliminary Fourth Quarter and Full Year Revenue Estimates

Jarden Corporation Press Release - 1/12/2010

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Coleman Rechargeable LED Spotlight

Coleman Rechargeable LED Spotlight

RYE, N.Y. - Jarden Corporation (NYSE: JAH) today updated its estimated revenue and cash position estimates for the fourth quarter and full year ended December 31, 2009.

While the audit of our 2009 results will not be complete until we fully announce earnings, the Company expects revenue for the fourth quarter of 2009 to be approximately $1.35 billion, slightly above the previously provided guidance of $1.3 billion, full year revenue for 2009 to be approximately $5.1 billion, and cash on hand as of December 31, 2009 to be approximately $800 million, driven by continued strong cash flow at the end of the quarter.

Martin E. Franklin, Chairman and Chief Executive Officer of Jarden Corporation, stated, "During 2009 we exceeded the financial goals we set for ourselves at the beginning of the year, despite the challenges in the macro environment. This is a testament to the resiliency and strength of our diversified business model, which has continued to deliver solid results during this recessionary period. We expect to return to organic revenue growth in 2010."

Mr. Franklin continued, "The proposed bond offering announced today would complete the balance sheet goals we communicated to investors in the first quarter of 2009, namely lowering our Term B debt while extending our debt maturities and maintaining our strong liquidity position. Consistent with our philosophy of accessing the capital markets on an opportunistic basis, we believe that raising 10-year capital at current rates should help create attractive returns for shareholders in the long run, even if it increases the short term effective interest rate."

Jarden expects to report its fourth quarter and year end results on its conference call scheduled for February 18, 2010 and plans to discuss its longer-term strategy at its analyst and investor day at the New York Stock Exchange on March 10, 2010.

Jarden Corporation is a leading provider of niche consumer products. Jarden operates in three primary business segments through a number of well recognized brands, including: Outdoor Solutions: Abu Garcia®, Berkley®, Campingaz® and Coleman®, Fenwick®, Gulp!®, JT®, K2®, Marker®, Marmot®, Mitchell®, Penn®, Rawlings®, Shakespeare®, Stearns®, Stren®, Trilene® and Volkl®; Consumer Solutions: Bionaire®, Crock-Pot®, FoodSaver®, Health o meter®, Holmes®, Mr. Coffee®, Oster®, Patton®, Rival®, Seal-a-Meal®, Sunbeam®, VillaWare® and White Mountain®; and Branded Consumables: Ball®, Bee®, Bicycle®, Crawford®, Diamond®, Dicon®, First Alert®, Forster®, Hoyle®, Kerr®, Lehigh®, Leslie-Locke®, Loew Cornell® and Pine Mountain®. Headquartered in Rye, N.Y., Jarden has over 25,000 employees worldwide.

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