Exhibit 99.3

PLIANT CORPORATION

Reconciliation of income from continuing operations before income taxes

and EBITDA(R) or Segment Profit and Pro-Forma Adjusted EBITDA

	3 Months Ended			3 Months Ended			12 Months Ended
Amounts in $ millions	March 31, 2008			March 31, 2007			December 31, 2007
Loss from continuing operations before income taxes	$	(13.2	)	$	(11.8	)	$	(15.1	)
Add(deduct)
Depreciation and amortization	10.8			11.5			44.9
Interest	22.5			21.2			87.2
Restructuring and other costs	0.1			1.4			2.2
Reorganization and other costs	0.1			0.3			8.8
Other operating costs	—			1.1			1.1
Gain on extinquishment of debt	—			—			(32.5		)
EBITDA(R) or Segment Profit	$	20.3		$	23.7		$	96.6
Plant closing cost savings	2.2			—			8.9
2008 reduction in workforce cost savings	1.6			—			6.3
2007 reduction in workforce cost savings	—			—			3.2
Pro-Forma Adjusted EBITDA	$	24.1		$	23.7		$	115.0