EXHIBIT 99.2     
                         
                      NOTICE OF GUARANTEED DELIVERY     
                                
                             WITH RESPECT TO     
                   
                10 7/8% SENIOR SUBORDINATED NOTES DUE 2007     
                                       
                                    OF     
                            
                         PEN-TAB INDUSTRIES, INC.     
              
           Pursuant to the Prospectus Dated             , 1997     
   
  This form must be used by a holder of 10O% Senior Subordinated Notes due
2007 (the "Notes") of Pen-Tab Industries, Inc., a Delaware corporation (the
"Company"), who wishes to tender Notes to the Exchange Agent pursuant to the
guaranteed delivery procedures described in "The Exchange Offer--Guaranteed
Delivery Procedures" of the Company's Prospectus, dated             , 1997
(the "Prospectus") and in Instruction 2 to the related Letter of Transmittal.
Any holder who wishes to tender Notes pursuant to such guaranteed delivery
procedures must ensure that the Exchange Agent receives this Notice of
Guaranteed Delivery prior to the Expiration Date of the Exchange Offer.
Capitalized terms used but not defined herein have the meanings ascribed to
them in the Prospectus or the Letter of Transmittal.     
     
  THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW
  YORK CITY TIME, ON                 , 1997 UNLESS EXTENDED (THE
  "EXPIRATION DATE").     
                       
                    IBJ Schroder Bank & Trust Company     
                             
                          (the "Exchange Agent")     
                           
By Overnight Courier:      By Hand:                   By Registered or
                                                      Certified Mail: 

United States Trust        111 Broadway Lower         United States Trust
Company of New York        Level Attn: Corporate      Company of New York
770 Broadway,              Trust Services             United States Trust
13th Floor                 New York, New York         Company of New York
New York, New York         10006                      P.O. Box 844 Attn:
10003                                                 Corporate Trust Services
Attn: Corporate Trust                                 Cooper Station
Services                                              New York, New York 
                                                      10276-0844         


   
  DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE WILL
NOT CONSTITUTE A VALID DELIVERY.     


 
   
  This form is not to be used to guarantee signatures. If a signature on a
Letter of Transmittal is required to be guaranteed by an "Eligible
Institution" under the instructions thereto, such signature guarantee must
appear in the applicable space provided in the signature box on the Letter of
Transmittal.     
   
Ladies and Gentlemen:     
   
  The undersigned hereby tenders to the Company, upon the terms and subject to
the conditions set forth in the Prospectus and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Notes set forth below pursuant to the guaranteed delivery procedures set forth
in the Prospectus and in Instruction 2 of the Letter of Transmittal.     
   
  The undersigned hereby tenders the Notes listed below:     
 
   



CERTIFICATE NUMBER(S) (IF KNOWN)             
OF NOTES OR ACCOUNT NUMBER AT THE       AGGREGATE PRINCIPAL AGGREGATE PRINCIPAL 
BOOK-ENTRY FACILITY                     AMOUNT REPRESENTED    AMOUNT TENDERED   
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                         PLEASE SIGN AND COMPLETE     
- --------------------------------------------------------------------------------
    
 Signature of Registered Holder(s)
 or Authorized Signatory: _____ 
                                          
 -----------------------------------      Date: _________________ , 1996
                                         
 -----------------------------------      Address: _____________________

 Name(s) of Registered Holder(s): __     -----------------------------------
                                                                         
 -----------------------------------     Area Code and Telephone No. __     

 ----------------------------------- 


    
   This Notice of Guaranteed Delivery must be signed by the Holder(s)
 exactly as their name(s) appear on certificates for Notes or on a security
 position listing as the owner of Notes, or by person(s) authorized to
 become Holder(s) by endorsements and documents transmitted with this
 Notice of Guaranteed Delivery. If signature is by a trustee, executor,
 administrator, guardian, attorney-in-fact, officer or other person acting
 in a fiduciary or representative capacity, such person must provide the
 following information.     
                      
                   Please print name(s) and address(es)     
    
 Name(s): _____________________________________________________________     
 ---------------------------------------------------------------------------
    
 Capacity: ____________________________________________________________     
    
 Address(es): _________________________________________________________     
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                                GUARANTEE     
                    
                 (NOT TO BE USED FOR SIGNATURE GUARANTEE)     
    
   The undersigned, a firm which is a member of a registered national
 securities exchange or of the National Association of Securities Dealers,
 Inc., or is a commercial bank or trust company having an office or
 correspondent in the United States, or is otherwise an "eligible guarantor
 institution" within the meaning of Rule 17Ad-15 under the Securities
 Exchange Act of 1934, as amended, guarantees deposit with the Exchange
 Agent of the Letter of Transmittal (or facsimile thereof), together with
 the Notes tendered hereby in proper form for transfer (or confirmation of
 the book-entry transfer of such Notes into the Exchange Agent's account at
 the Book-Entry Transfer Facility described in the prospectus under the
 caption "The Exchange Offer--Guaranteed Delivery Procedures" and in the
 Letter of Transmittal) and any other required documents, all by 5:00 p.m.,
 New York City time, on the fifth New York Stock Exchange trading day
 following the Expiration Date.     
 
                                                                              
 Name of Firm _________________          _______________________________
                                              (Authorized Signature)
 Address ______________________          
 -----------------------------------      Name _________________________ 
        (Include Zip Code)                          Please Print)      
                                             
 Area Code and Tel. No. _______           Title ________________________     
                                          
                                          Dated __________________ , 1996     
   
  DO NOT SEND SECURITIES WITH THIS FORM. ACTUAL SURRENDER OF SECURITIES MUST
BE MADE PURSUANT TO, AND BE ACCOMPANIED BY, AN EXECUTED LETTER OF TRANSMITTAL.
    
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              INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY     
   
  1. Delivery of this Notice of Guaranteed Delivery. A properly completed and
duly executed copy of this Notice of Guaranteed Delivery and any other
documents required by this Notice of Guaranteed Delivery must be received by
the Exchange Agent at its address set forth herein prior to the Expiration
Date. The method of delivery of this Notice of Guaranteed Delivery and any
other required documents to the Exchange Agent is at the election and sole
risk of the holder, and the delivery will be deemed made only when actually
received by the Exchange Agent. If delivery is by mail, registered mail with
return receipt requested, properly insured, is recommended. As an alternative
to delivery by mail, the holders may wish to consider using an overnight or
hand delivery service. In all cases, sufficient time should be allowed to
assure timely delivery. For a description of the guaranteed delivery
procedures, see Instruction 2 of the Letter of Transmittal.     
   
  2. Signatures on this Notice of Guaranteed Delivery. If this Notice of
Guaranteed Delivery is signed by the registered holder(s) of the Notes
referred to herein, the signature must correspond with the name(s) written on
the face of the Notes without alteration, enlargement, or any change
whatsoever. If this Notice of Guaranteed Delivery is signed by a participant
of the Book-Entry Transfer Facility whose name appears on a security position
listing as the owner of the Notes, the signature must correspond with the name
shown on the security position listing as the owner of the Notes.     
   
  If this Notice of Guaranteed Delivery is signed by a person other than the
registered holder(s) of any Notes listed or a participant of the Book-Entry
Transfer Facility, this Notice of Guaranteed Delivery must be accompanied by
appropriate bond powers, signed as the name of the registered holder(s)
appears on the Notes or signed as the name of the participant shown on the
Book-Entry Transfer Facility's security position listing.     
   
  If this Notice of Guaranteed Delivery is signed by a trustee, executor,
administrator, guardian, attorney-in-fact, officer of a corporation, or other
person acting in a fiduciary or representative capacity, such person should so
indicate when signing and submit with the Letter of Transmittal evidence
satisfactory to the Company of such person's authority to so act.     
   
  3. Requests for Assistance or Additional Copies. Questions and requests for
assistance and requests for additional copies of the Prospectus may be
directed to the Exchange Agent at the address specified in the Prospectus.
Holders may also contact their broker, dealer, commercial bank, trust company,
or other nominee for assistance concerning the Exchange Offer.     
 
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