Wausau Paper Declares Dividend

MOSINEE, Wis.–(BUSINESS WIRE)–April 21, 2005–The Board of Directors of Wausau Paper (NYSE:WPP) today declared a regular quarterly dividend of $.085 per share on its common stock.

The dividend is payable May 16, 2005, to stockholders of record at the close of business on May 2.

Wausau Paper produces fine printing and writing papers, technical specialty papers, and “away-from-home” towel and tissue products.

      CONTACT: Wausau Paper              Scott P. Doescher, 715-693-4470      SOURCE: Wausau Paper