Neenah Paper Declares Quarterly Dividend



    ALPHARETTA, Ga., Oct. 22 /CNW/ -- 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 December
4, 2007 to stockholders of record as of close of business on November 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), STARWHITE(R), ESSE(R), KIMDURA(R) and 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 paper manufacturing operations
in the United States and Germany, and a pulp mill and related timberlands in
Nova Scotia, Canada. Additional information about Neenah Paper can be found at
the company's web site at www.neenah.com.




For further information:

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

Organization Profile

NEENAH PAPER, INC.

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