[OBJECT OMITTED]     Alltrista Corporation News
555 THEODORE FREMD AVENUE, SUITE B302, RYE, NEW YORK  10580

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   Alltrista Corporation completes sale of Triangle, TriEnda and Synergy World
                            thermoforming operations

RYE, New York, -- November 30, 2001 - Alltrista  Corporation  (NYSE:  ALC) today
announced it has completed  the sale of the assets of its Triangle,  TriEnda and
Synergy World plastic thermoforming operations to Wilbert Inc.

     Martin E. Franklin,  Alltrista's chairman and chief executive officer said,
"The sale of the plastic  thermoforming  assets acquired by Alltrista since 1999
is a milestone in Alltrista's repositioning as a consumer products and materials
based company.  All of Alltrista's  remaining  businesses are solidly profitable
and well positioned to act as a platform for future growth. We wish the divested
businesses  success in the future and believe that Wilbert is well positioned to
successfully operate these thermoforming assets."

     Alltrista  Corporation  operates two distinct business  segments,  Consumer
Products and Materials Based group.  Consumer  Products is a leading marketer of
home food  preservation  products  and is the leading  provider of home  canning
products in North America under the Ball(R),  Kerr(R) and  Bernardin(R)  brands.
The  Materials  Based group  consists of  manufacturing  operations in Injection
Molding  plastics  and  Thermoforming  plastics  and  is the  country's  largest
producer of zinc strip and fabricated  products,  including coin blanks for U.S.
and foreign mints. Please visit the company's Web site at www.alltrista.com  for
further information.

NOTE: THIS NEWS RELEASE CONTAINS FORWARD-LOOKING  STATEMENTS 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
ALLTRISTA'S  MARKETS  AND THE DEMAND FOR ITS  PRODUCTS.  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 ARE  INCLUDED  IN THE
COMPANY'S  PERIODIC  REPORTS FILED WITH THE SECURITIES AND EXCHANGE  COMMISSION,
INCLUDING  ITS FORM 10-K FOR THE FISCAL YEAR ENDED  DECEMBER 31,  2000,  AND ITS
FORM 10-Q FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001.