MYERS INDUSTRIES ACQUIRES
DANISH PLASTIC PRODUCTS COMPANY

FOR IMMEDIATE RELEASE: January 9, 1998, Akron, Ohio USA -- Myers Industries, Inc. (AMEX: MYE) acquired for cash, all outstanding shares of A/S E. Damberg Group, a plastic products manufacturing company in Nykøbing Falster, Denmark. Founded in 1956, the company is a privately owned firm with 1997 sales of approximately $20 million (US).

Known by its principal brand name, raaco, it is one of Europe's largest manufacturers of small item storage systems and tool boxes for consumer and industrial markets. Terms of the sale have not been released.

"We are pleased to include the E. Damberg Group as a Myers Industries company," said Stephen E. Myers, president and chief executive officer. "They have an excellent reputation both for small parts storage organizers and innovative product design.

"The acquisition enhances our presence as a supplier to countries in the European Common Market and provides us with additional sales volume, new distribution channels, and new products," he said.

Myers Industries, Inc. is a diversified manufacturer of polymer and metal products for industrial, commercial, and consumer markets; and a nationwide wholesale distributor of tire repair, and undercar service products.

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