Schweitzer Mauduit International Inc:

• SWM announces conference call to discuss agreement to acquire Delstar, a leader in the filtration industry
• Says the purchase price is $231.5 million in cash Says announced the signing of a definitive agreement to acquire Delstar, Inc
• Says transaction is expected to be accretive to earnings in the first year
• Says expect to amend and expand existing credit facility to provide with continued capital flexibility
• Acquisition, dea-related expenses were not contemplated in 2013 guidance for adjusted earnings per share from continuing operations of $3.75