<PAGE>
<TABLE>
<CAPTION>
- ----------- No. 18B
U.S. SECURITIES AND EXCHANGE COMMISSION --------------------
FORM 3 Washington, D.C. 20549 OMB APPROVAL
- ----------- --------------------
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB Number:
3235-0104
Expires: September
30, 1998
Estimated average
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section burden hours per
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the response.......0.5
Investment Company Act of 1940 --------------------
(Print or Type Responses)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker
Statement or Trading Symbol
Chesapeake Corporation (Month/Date/Year) Shorewood Packaging
Corporation (NYSE/"SWD")
- ---------------------------------------- --------------------------------------------------------------
(Last) (First) (Middle) 5. Relationship of Reporting 6. If Amendment,
11/26/99 Person to Issuer Date of
(Check all applicable) Original
(Month/Day/Year)
-------------------------- --------------------
3. IRS or Social Security ___ Director X 10% Owner 7. Individual or
Number of Reporting --- Joint/Group
1021 East Cary Street Person ___ Officer (give ___ Other (specify Filing (Check
- ---------------------------------------- (Voluntary) title below) applicable line)
(Street) below)
54-0166880 ___ Form filed
by One
Reporting
Person
X Form filed
--- by More
Richmond VA 23218-2350 than One
- ---------------------------------------- ----------- Reporting
(City) (State) (Zip) Person
-----------------------------------------------------------------------------------------
Table I -- Non-Derivative Securities Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial Ownership
(Instr. 4) Indirect (I) (Instr. 5)
(Instr.5)
- ------------------------------------------------------------------------------------------------------------------------------------
Common stock, $0.01 par value per share 4,106,440 D (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Common stock, $0.01 par value per share 100 I (2)
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. *If the Form is filed by more than one Reporting
Person, see instruction 5(b)(v).
Page 1 of 3
<PAGE>
<TABLE>
<CAPTION>
FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible
No. 18B securities)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of 4. Conver- 5. Ownership 6. Nature of Indirect
(Instr. 4) cisable and Securities Underlying sion or Form of Beneficial Ownership
Expiration Derivative Security Exercise Derivative (Instr. 5)
Date (Instr. 4) Price of Security:
(Month/Day/ Deri- Direct
Year) vative (D) or
----------------------------------------- Security Indirect
Date Expira- Amount (I)
Exer- tion or (Instr. 5)
cisable Date Title Number
of
Shares
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________
</TABLE>
Explanation of Responses:
(1) These securities are directly beneficially owned (as defined in Rule 16a-
1(a)(2) promulgated under the Securities Exchange Act of 1934, as amended
(the "Exchange Act")) by Chesapeake Corporation ("Chesapeake").
(2) The securities are indirectly beneficially owned (as defined in Rule 16a-
1(a)(2) promulgated under the Exchange Act) by Chesapeake by virtue of its
ownership of 100% of the capital stock of Sheffield, Inc.
<TABLE>
<S> <C> <C>
** Intentional misstatements or omissions of facts constitute Federal Criminal Chesapeake Corporation 12/3/99
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). By: /s/ J. P. Causey Jr. Date
---------------------
Note: File three copies of this Form, one of which must be manually signed. If Name: J. P. Causey Jr.
space provided is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
</TABLE>
Page 2 of 3
<PAGE>
JOINT FILER INFORMATION
-----------------------
Name: Sheffield, Inc.
Address: 1021 East Cary Street
Richmond, Virginia 23218-2350
Designated Filer: Chesapeake Corporation
Issuer and Ticker Symbol: Shorewood Packaging Corporation (NYSE/"SWD")
Date of Event Requiring Statement: November 26, 1999
Signature: SHEFFIELD, INC.
/s/ J. P. Causey Jr.
By: _________________________________________
Name: J. P. Causey Jr.
Title: Vice President and Secretary
Page 3 of 3