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Corporacion Durango Extends Cash Tender Offer and Consent Solicitation
Durango, Mexico, 03 August 2007 -- Corporacion Durango, S.A.B. de C.V. (BMV: CODUSA), the largest integrated paper and packaging company in Mexico, announced today that it has extended the period of its cash tender offer for any and all of its outstanding Series B Step Up Rate Senior Secured Guaranteed Notes Due 2012 (CUSIP No. 21986MAK1) until 5:00 p.m., Eastern Time, on 10 August 2007 (the "New Expiration Date").

The other terms and conditions of the Tender Offer remain unchanged. Durango may further extend the period of the Tender Offer at Durango's sole discretion.

The Expiration Date previously announced on 26 July 2007, was 5:00 p.m., New York City [Eastern] Time, on 03 August 2007. As of 5:00 p.m., Eastern Time, on 03 August 2007, USD 368,886,300 in aggregate principal amount, or approximately 87.9%, of the outstanding Notes had been tendered and not withdrawn pursuant to the Tender Offer, including USD 359,730,986 in aggregate principal amount, or approximately 85.7%, of the Notes that were tendered and not withdrawn as of 5:00 p.m., Eastern Time, on the Early Participation Date (as defined in the Offer to Purchase).

Durango has retained Merrill Lynch, Pierce, Fenner & Smith Incorporated to act as Dealer Manager for the Tender Offer and Consent Solicitation, and Global Bondholder Services Corporation to act as the depositary and information agent for the Tender Offer and Consent Solicitation.

Any questions or requests for assistance regarding the Offer may be made to the Dealer Manager and Solicitation Agent, Merrill Lynch & Co., Attention: Liability Management Group at (888) 654-8637 or (212) 449-4914. Questions or requests for assistance or additional copies of the Offer to Purchase and the related Letter of Transmittal may be directed to the Information Agent, Global Bondholder Services Corporation, toll free at (866) 794-2200 (bankers and brokers call collect at (212) 430-3774).

About Durango

Durango and its subsidiaries are primarily engaged in the manufacturing and selling of packaging (corrugated boxes and multi-wall sacks), paper (containerboard, newsprint, and bond), and other wood products (plywood) in Mexico and in the United States.

Source: Corporacion Durango, S.A.B. de C.V.

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