Abstract: The flexible disk envelope is formed from a flexible plastic prepunched blank having two connected sections. One section of the blank has side flaps extending from the opposite side edges. The blank is folded about an end of a mandrel so that the side flaps extend beyond the side edges of the mandrel. The mandrel holds the plastic blank section having the flaps extending therefrom against the bottom surface of a plate. The mandrel has raised edge portions running along the side edges on the outward facing surface thereof. The side flaps are folded around the adjacent edge of the mandrel in an outward folding direction by folding blades which are driven about pivot means to guide the folding blades in an arcuate path.