EXHIBIT 99.3
NOTICE OF GUARANTEED DELIVERY
FOR
TENDER OF ALL OUTSTANDING
13% SENIOR SUBORDINATED NOTES DUE 2010
ISSUED APRIL 10, 2002
IN EXCHANGE FOR
NEW 13% SENIOR SUBORDINATED NOTES DUE 2010
OF
PLIANT CORPORATION
Registered holders of outstanding 13% Senior Subordinated Notes due 2010 issued
April 10, 2002 (the "Old Notes") who wish to tender their Old Notes in exchange
for a like principal amount of new 13% Senior Subordinated Notes due 2010 (the
"New Notes") and whose Old Notes are not immediately available or who cannot
deliver their Old Notes and Letter of Transmittal (and any other documents
required by the Letter of Transmittal) to The Bank of New York (the "Exchange
Agent") prior to the Expiration Date, may use this Notice of Guaranteed Delivery
or one substantially equivalent hereto. This Notice of Guaranteed Delivery may
be delivered by hand or sent by facsimile transmission (receipt confirmed by
telephone and an original delivered by guaranteed overnight courier) or mail to
the Exchange Agent. See "The exchange offer -- Procedures for tendering" in the
Prospectus dated , 2002 of Pliant Corporation (the "Prospectus").
The Exchange Agent for the Exchange Offer is:
THE BANK OF NEW YORK
For Overnight Delivery
or Delivery by Registered or Certified Mail:
The Bank of New York
Corporate Trust Department
Reorganization Unit
15 Broad Street, 16(th) Floor
New York, NY 10007
Attn: Enrique Lopez
For Delivery by Hand:
The Bank of New York
Corporate Trust Department
Reorganization Unit
15 Broad Street, Lobby Level
New York, NY 10007
Attn: Enrique Lopez
By Facsimile Transmission
(for eligible institutions only):
(212) 235-2261
Confirm facsimile by telephone only:
(212) 235-2360
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS SET
FORTH ABOVE OR TRANSMISSION VIA A FACSIMILE TRANSMISSION TO A NUMBER OTHER THAN
AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
This Notice of Guaranteed Delivery 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 (as defined in the Prospectus), such signature guarantee
must appear in the applicable space provided on the Letter of Transmittal for
Guarantee of Signatures.
Ladies and Gentlemen:
The undersigned hereby tenders for exchange to the Company, upon the terms and
subject to the conditions set forth in the Prospectus and the Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Old Notes set forth below pursuant to the guaranteed delivery procedures set
forth in the Prospectus under the caption "The Exchange Offer -- Guaranteed
Delivery Procedures."
The undersigned understands and acknowledges that the Exchange Offer will expire
at 5:00 p.m., New York City time, on , 2002, unless extended by the
Company. The term "Expiration Date" shall mean 5:00 p.m., New York City time, on
, 2002 unless the Exchange Offer is extended as provided in the
Prospectus, in which case the term "Expiration Date" shall mean the latest date
and time to which the Exchange Offer is extended.
All authority conferred or agreed to be conferred by this Notice of Guaranteed
Delivery shall survive the death, incapacity or dissolution of the undersigned,
and every obligation of the undersigned under this Notice of Guaranteed Delivery
shall be binding upon the undersigned's heirs, personal representatives,
successors and assigns.
SIGNATURE
- -------------------------------------------------------- Date: ---------------
- -------------------------------------------------------- Date: ---------------
(Signature(s) of Holder(s) or Authorized
Signatory)
Area Code and Telephone Number:
- -----------------------------------------------------------------------------
Name(s):
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
(Please Print)
Capacity (full title), if signing in a fiduciary or representative capacity:
- ------------------------------------
- --------------------------------------------------------------------------------
Address:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Taxpayer Identification or Social Security No.:
- -----------------------------------------------------------------
Principal Amount of Old Notes Tendered (must be in integral multiples of
$1,000):
- ---------------------
Certificate Number(s) of Old Notes (if available):
- --------------------------------------------------------------
Aggregate Principal Amount Represented by Certificate(s):
- --------------------------------------------------
IF OLD NOTES WILL BE TENDERED BY BOOK-ENTRY TRANSFER, PROVIDE THE FOLLOWING
INFORMATION:
DTC Account Number:
- ------------------------------------------------
Transaction Number:
- -------------------------------------------------
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GUARANTEE OF DELIVERY
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a member of a recognized signature guarantee medallion program
within the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934, as
amended, hereby guarantees to deliver to the Exchange Agent at one of its
addresses set forth on the reverse hereof, the certificates representing the Old
Notes (or a confirmation of book-entry transfer of such Old Notes into the
Exchange Agent's account at the book-entry transfer facility), together with a
properly completed and duly executed Letter of Transmittal (or facsimile
thereof), with any required signature guarantees, and any other documents
required by the Letter of Transmittal within three New York Stock Exchange
trading days after the Expiration Date (as defined in the Letter of
Transmittal).
<Table>
Name of Firm: -------------------------------------
-----------------------------------------------------
(AUTHORIZED SIGNATURE)
Address: -------------------------------------------- Title:
-------------------------------------------------
Name: -----------------------------------------------
- -----------------------------------------------------
(ZIP CODE) (PLEASE TYPE OR PRINT)
Area Code and Date:
------------------------------------------------
Telephone No.: -------------------------------------
</Table>
NOTE: DO NOT SEND OLD NOTES WITH THIS NOTICE OF GUARANTEED DELIVERY. OLD NOTES
SHOULD BE SENT WITH YOUR LETTER OF TRANSMITTAL.
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