<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the financial statements listed on pages 17 and 18 of this Form 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0001060513 <NAME> PARAGON CORPORATE HOLDINGS INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 7,462 <SECURITIES> 21,534 <RECEIVABLES> 42,077 <ALLOWANCES> 1,498 <INVENTORY> 48,094 <CURRENT-ASSETS> 120,127 <PP&E> 22,995 <DEPRECIATION> 4,295 <TOTAL-ASSETS> 175,409 <CURRENT-LIABILITIES> 57,358 <BONDS> 115,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <COMMON> 0 <OTHER-SE> (5,120) <TOTAL-LIABILITY-AND-EQUITY> 175,409 <SALES> 268,624 <TOTAL-REVENUES> 268,624 <CGS> 163,958 <TOTAL-COSTS> 163,958 <OTHER-EXPENSES> 4,128 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 11,311 <INCOME-PRETAX> 142 <INCOME-TAX> 745 <INCOME-CONTINUING> (603) <DISCONTINUED> 0 <EXTRAORDINARY> (1,280) <CHANGES> 0 <NET-INCOME> (1,883) <EPS-PRIMARY> 0 <EPS-DILUTED> 0