CPAC Announces Third Consecutive 5% Stock Repurchase Plan
Company Authorized to Repurchase up to 325,000 Shares

March 10, 1999….CPAC, Inc. (Nasdaq NNM: CPAK) today announced that on March 8^th, 1999, its Board of Directors authorized the repurchase of up to 325,000 shares, or 5%, of its outstanding common stock. The purchases are to be made from time to time in the open market or through privately-negotiated transactions, when conditions warrant.

The new plan follows two previous stock repurchase plans, the last of which was completed earlier this month. Under that program, announced in August 1998, CPAC repurchased 342,000 shares, or 5%, of its then outstanding common stock, at an average price of $8.13 per share. The total shares repurchased under both previous plans was 699,000.

Thomas N. Hendrickson, CPAC Chief Executive Officer, said, "At its current price, our stock remains undervalued. As a result, we will continue to purchase shares through our newly authorized stock repurchase plan, consistent with NASDAQ and SEC policies, up to the maximum approved number of shares."

The shares will be repurchased and retired using the Company’s strong internally generated cash flow. Mr. Hendrickson reiterated that the share buyback program does not alter CPAC's strategy of growth via acquisitions, or prevent the Company from investing in other attractive growth opportunities.

CPAC, Inc. is a chemical manufacturer in two different industries – Cleaning and Personal Care (Fuller Brands) and Imaging. Its Fuller Brands segment is comprised of The Fuller Brush Company, Stanley Home Products, and Cleaning Technologies Group. The Imaging segment, serving the worldwide Imaging market, is comprised of Allied Diagnostic Imaging Resources, Inc., Trebla Chemical Company, CPAC Equipment Division, and three international chemical manufacturing subsidiaries. CPAC Inc. shares are traded over the NASDAQ National Market System under the ticker symbol, ‘CPAK’.

Except for the historical matters contained herein, statements in this press release are forward looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Investors are cautioned that forward looking statements involve risks and uncertainties which may affect CPAC’s business and prospects, including economic, competitive, governmental, technological, and other factors discussed in CPAC’s filings with the Securities and Exchange Commission.

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