Intertape Polymer Appoints Gregory Yull As The Company's New President and CEO

Intertape Polymer Group Inc. ("Intertape" or the "Company") today announced the appointment of Mr. Gregory A. C. Yull as the Company's new President and Chief Executive Officer, effective immediately. The announcement was made at the Company's Annual General Meeting held today in Toronto.

"Intertape has successfully navigated a period of very challenging market conditions, and the time is now appropriate to ensure a smooth leadership transition," said Intertape Chairman, Eric E. Baker. "Following an exhaustive qualification process involving one of North America's leading executive search firms, the Board interviewed several potential candidates. Greg's track record, wide ranging experience, and organizational vision for the future of Intertape clearly differentiated his candidacy. Moreover, as President of our Tapes and Films Division for the last four years, Greg has displayed the leadership skills required to
take the Company to the next level and create significant new value for our shareholders."

Greg Yull has spent more than two decades with Intertape, working in diverse areas of the Company and assuming increasingly complex responsibilities. He is dedicated to operational excellence through bench marking, setting clear goals and priorities, and requiring accountability in execution.

"I welcome the opportunity to face a new challenge in this post-recession market, said Mr. Yull. After the successful implementation of the Company's strict cash management and cost reduction program in 2009, our focus going forward is on growth, improving margins and further debt reduction. We will also continue to place strong emphasis on the launch of new high margin products supported by a faster innovation cycle. Significantly for our organizational effectiveness, we have also decided to regroup our two divisions -
which had many customers in common - into one unit. The new integrated structure is designed to maximize the benefits of Intertape's supply chain, operational group and its sales and marketing resources".

Also announced at today's meeting was the departure of Mr. Allan Cohen from the Board. He has been replaced by Mr. Robert J. Foster, B.A., M.A., C.F.A. Mr. Foster is Founder, President and CEO of Capital Canada Limited, an independent investment banking firm providing financial services to entrepreneurs and corporations.