Packaging Dynamics Corp Watch

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Packaging Dynamics Mjg Associates, Inc. Gabelli International Ltd 11/02/04 500- 13.8220 Gamco Investors, Inc. 11/18/04 99,000- *Do 11/17/04 1,300- 14.6262 11/16/04 2,200- 14.5536 Gabelli Funds, LLC. Gabelli Abc Fund 11/17/04 1,000- 14.3110 (1) Unless Otherwise Indicated, All Transactions Were Effected on the NASDAQ National Market. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Packaging Dynamics Gamco Investors, Inc. 8/13/03 10,000 7.4959 8/12/03 1,300 7.4200 8/06/03 6,400 7.3723 7/29/03 5,100 7.0500 7/28/03 2,000 7.2850 7/15/03 1,000 7.1999 7/14/03 11,000 7.2900 Gabelli Advisers, Inc. 8/12/03 1,300 7.4300 8/11/03 5,000 7.4400 8/05/03 10,000 7.3466 Gabelli Funds, LLC. Gabelli Small Cap Growth Fund 7/07/03 19,200 7.1866 (1) Unless Otherwise Indicated, All Transactions Were Effected on the NASDAQ National Market. (2) Price Excludes Commission

from SC 13D 1 page Exhibit 1 Joint Filing Agreement This Will Confirm the Agreement by and Among All the Undersigned That the Statement on Schedule 13d Filed on or About This Date and Any Further Amendments Thereto With Respect to Beneficial Ownership by the Undersigned of the Shares of the Common Stock, Par Value $.01 Per Share, of Packaging Dynamics Corporation, a Delaware Corporation, Is Being Filed on Behalf of Each of the Undersigned in Accordance With Rule 13d-1(k)(1) Under the Securities Exchange Act of 1934. the Undersigned Further Agree That Each Party Hereto Is Responsible for Timely Filing of Such Statement on Schedule 13d and Any Further Amendments Thereto, and for the Completeness and Accuracy of the Information Concerning Such Party Contained Therein, Provided That No Party Is Responsible for the Completeness and Accuracy of the Information Concerning the Other Party. the Undersigned Further Agree That This Agreement Shall Be Included as an Exhibit to Such Joint Filing. This Agreement May Be Executed in Two or More Counterparts, Each of Which Shall Be Deemed an Original, but All of Which Together Shall Constitute One and the Same Instrument. [Signature Page Follows.] in Witness Whereof, the Undersigned Have Caused This Agreement to Be Signed by Their Respective Officers Thereunto Duly Authorized as of the Date Set Forth Opposite Their Name. Dated: July 10, 2002 Dcbs Investors, L.L.C. By: /S/ G. Douglas Patterson Name: G. Douglas Patterson Title: Managing Member Cb Investors, L.L.C. By: Dcbs Investors, L.L.C. By: /S/ G. Douglas Patterson Name: G. Douglas Patterson Title: Managing Member of Dcbs Investors, L.L.C