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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
EGS Management, LLC
350 Park Avenue, 11th Floor
New York, New York 10022
2. Date of Event Requiring Statement (Month/Day/Year)
July 19, 2000
3. IRS Number of Reporting Person
(Voluntary)
4. Issuer Name and Ticker or Trading Symbol
AEP Industries, Inc.
AEPI
5. Relationship of Reporting Person(s) to Issuer (Check all
applicable)9
( ) Director (X) 10% Owner ( ) Officer (give title
below) (X) Other (specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
Table I -- Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect
Securities Form: Beneficial Ownership
Beneficially Direct(D) or
Owned Indirect(I)
Common Stock 742,452** I *
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Table II -- Derivative Securities Beneficially Owned
<TABLE>
<S> <C> <C> <C> <C> <C>
1.Title of 2.Date Exer- 3.Title and Amount 4. Conver- 5. Ownership 6. Nature of
Derivative cisable and of Securities sion or Form of Indirect
Security Expiration Underlying Exercise Derivative Beneficial
Date Derivative Security Price of Security:
Ownership
(Month/Day/ --------------- Deri- Direct(D) or
Year) Title Amount or vative Indirect (I)
--------------- Number of Security
Date Expira- Shares
Exer- tion
cisable Date
</TABLE>
Explanation of Responses:
* The securities to which this note relates are held by
partnerships of which EGS Management, LLC is the general partner.
The undersigned is a managing member of EGS Management, LLC. In
accordance with Instruction 4(b)(iv) the entire amount of the
Issuer's securities held by the partnerships is reported herein.
The undersigned disclaims any beneficial ownership of any of the
Issuer's securities to which this note relates for purposes of
Section 16 of the Securities Exchange Act of 1934, as amended,
except as to securities representing the undersigned's pro-rata
partnership interest in, and interest in the profits of, the
partnerships.
** The Reporting Person disclaims beneficial ownership of these
securities except to the extent of its pecuniary interest
therein, and this report shall not be deemed an admission that
the Reporting Person is the beneficial owner of such securities
for purposes of Section 16 or for any other purposes.
SIGNATURE OF REPORTING PERSON
EGS Management, LLC
By: /s/ William Ehrman
___________________________________
William Ehrman, Managing Member
DATE
November 10, 2000
2
00126001.AI4
