Exhibit 99-1
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                       N  E  W  S      R  E  L  E  A  S  E
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                            Dixon Ticonderoga Company
        195 International Parkway, Heathrow, Florida 32746 (407) 829-9000

March 29, 2004                                  Contact:
                                                Richard A. Asta (407) 829-9000
FOR IMMEDIATE RELEASE




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         DIXON TICONDEROGA AND JARDEN CORPORATION TERMINATE NEGOTIATIONS

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HEATHROW,  Fl. ---- Dixon Ticonderoga Company (AMEX:DXT) announced today that it
and Jarden Corporation (NYSE:JAH) have terminated negotiations with respect to a
possible transaction between the companies.

     Dixon Ticonderoga  Company,  with operations dating back to 1795, is one of
the oldest  publicly held companies in the U.S. Its consumer group  manufactures
and  markets a wide  range of  writing  instruments,  art  materials  and office
products, including the well-known Ticonderoga(R), Prang(R) and Dixon(R) brands.
Headquartered in Heathrow,  Florida,  Dixon  Ticonderoga  employs  approximately
1,600 people at 8 facilities in the U.S.,  Canada,  Mexico,  the U.K. and China.
The company has been listed on the American  Stock Exchange since 1988 under the
symbol DXT.



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