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Neenah Paper Declares Quarterly Dividend

Date: January 19, 2007
Location: Alpharetta, GA 

ALPHARETTA, Ga., Jan 19, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Neenah Paper, Inc. (NYSE: NP) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share on the company's common stock. The dividend is payable on March 2, 2007 to stockholders of record as of close of business on February 9, 2007.

About Neenah Paper, Inc.

Neenah Paper manufactures and distributes a wide range of premium and specialty paper grades, with well-known brands such as CLASSIC(R), ENVIRONMENT(R), KIMDURA(R), MUNISING LP(R), Gessner(R) and varitess(R). The company also produces and sells bleached pulp, primarily for use in the manufacture of tissue and writing papers. Neenah Paper is based in Alpharetta, Georgia, and has manufacturing operations in Wisconsin, Michigan, Nova Scotia, Canada, and Bruckmuhl, Feldkirchen-Westerham and Lahnstein, Germany. Additional information about Neenah Paper can be found at the company's web site at http://www.neenah.com.

SOURCE Neenah Paper, Inc.

Bill McCarthy, Vice President -- Financial Analysis and Investor Relations of Neenah
Paper, Inc., +1-678-518-3278
http://www.neenah.com/

Copyright (C) 2007 PR Newswire. All rights reserved

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