SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 11-K [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED] for the fiscal year ended December 31, 1993 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] for the transition period from _______ to _______ Commission file number 33-26150 CHESAPEAKE PAPER PRODUCTS COMPANY 401(k) SAVINGS PLAN FOR HOURLY EMPLOYEES CHESAPEAKE CORPORATION 1021 East Cary Street P. O. Box 2350 Richmond, Virginia 23218-2350 CHESAPEAKE PAPER PRODUCTS COMPANY 401(k) SAVINGS PLAN FOR HOURLY EMPLOYEES INDEX OF FINANCIAL STATEMENTS AND SCHEDULES AND EXHIBITS Pages Report of independent accountants 3 Financial statements: Statement of net assets available for benefits at December 31, 1993 and 1992 4 Statement of changes in net assets available for benefits for the years ended December 31, 1993 and 1992 5-6 Notes to financial statements 7-9 Supplemental schedules: Assets held for investment purposes ** Reportable transactions for the year ended December 31, 1993 10-11 Nonexempt transactions with parties-in-interest for the year ended December 31, 1993 * Obligations in default for the year ended December 31, 1993 * Leases in default for the year ended December 31, 1993 * *There were no such transactions or obligations or leases in default. **See Note 4 of Notes to Financial Statements. Exhibit: 23 - Consent of Coopers & Lybrand 12 Financial statements and schedules filed under cover of Form SE. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the members of the Hourly 401(k) Savings Plan Committee (the "Committee") have duly caused this annual report to be signed by the undersigned thereunto duly authorized. CHESAPEAKE PAPER PRODUCTS COMPANY 401(k) SAVINGS PLAN FOR HOURLY EMPLOYEES By: /s/ Thomas A. Smith Thomas A. Smith, Vice President - Human Resources and Chairman of the Committee June 27, 1994 2 Exhibit 23 CONSENT OF COOPERS & LYBRAND We consent to the incorporation by reference in the registration statement on Form S-8 of Chesapeake Corporation for the Chesapeake Paper Products Company 401(k) Savings Plan for Hourly Employees (File No. 33-26150) of our report dated June 15, 1994, on our audits of the financial statements of the Chesapeake Paper Products Company 401(k) Savings Plan for Hourly Employees as of December 31, 1993 and 1992, and for the years then ended, which report is included in this Annual Report on Form 11-K. COOPERS & LYBRAND Richmond, Virginia June 27, 1994 12