RYE, N.Y., July 31 /PRNewswire-FirstCall/ -- Jarden Corporation (NYSE: JAH) today announced that Martin E. Franklin, Chairman and Chief Executive Officer, Ian G.H. Ashken, Vice Chairman and Chief Financial Officer, and James E. Lillie, President and Chief Operating Officer, purchased approximately $2 million of Jarden's common stock in open market transactions.

Martin E. Franklin, Chairman and CEO of Jarden Corporation stated, "Following a strong first half year performance for Jarden, we continue to believe that current market conditions do not appropriately reflect the value of our Company. Our purchases today underscore the confidence we have in the long-term growth and value creation potential at Jarden."

Messrs Franklin, Ashken and Lillie do not currently have in effect 10b5-1 stock trading plans providing for sales of shares of the Company's common stock.

About Jarden Corporation:

Jarden Corporation is a leading provider of niche consumer products used in and around the home. Jarden operates in three primary business segments through a number of well recognized brands, including: Branded Consumables: Ball(R), Bee(R), Bicycle(R), Crawford(R), Diamond(R), Dicon(R), First Alert(R), Forster(R), Hoyle(R), Java Log(R), Kerr(R), Lehigh(R), Leslie- Locke(R), Loew-Cornell(R) and Pine Mountain(R); Consumer Solutions: Bionaire(R), Crock-Pot(R), FoodSaver(R), Harmony(R), Health o meter(R), Holmes(R), Mr. Coffee(R), Oster(R), Patton(R), Rival(R), Seal-a-Meal(R), Sunbeam(R), VillaWare(R) and White Mountain(TM); and Outdoor Solutions: Abu Garcia(R), Berkley(R), Campingaz(R), Coleman(R), Fenwick(R), Gulp(R), Mitchell(R), Stren(R), and Trilene(R). Headquartered in Rye, N.Y., Jarden has over 20,000 employees worldwide. For more information, please visit http://www.jarden.com.

Note: This news release contains "forward-looking statements" within the meaning of the federal securities laws and is intended to qualify for the Safe Harbor from liability established by the Private Securities Litigation Reform Act of 1995, including statements regarding the outlook for Jarden's markets and the demand for its products, estimated sales, segment earnings, earnings per share, future cash flows from operations, future revenues and margin requirement and expansion, the success of new product introductions, growth in costs and expenses and the impact of acquisitions, divestitures, restructuring and other unusual items, including Jarden's ability to integrate and obtain the anticipated results and synergies from its acquisitions. These projections and statements are based on management's estimates and assumptions with respect to future events and financial performance and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results could differ materially from those projected as a result of certain factors. A discussion of factors that could cause results to vary is included in the Company's periodic and other reports filed with the Securities and Exchange Commission.

SOURCE Jarden Corporation
CONTACT: Martin E. Franklin, Chairman and Chief Executive Officer,
Jarden Corporation, +1-914-967-9400; Investor Relations, Erica Pettit; Media,v Evan Goetz, or Melissa Merrill, +1-212-850-5600, all of FD, for Jarden
Corporation/
/Web site: http://www.jarden.com /
(JAH)