Wausau Paper Declares Dividend

MOSINEE, Wis–(BUSINESS WIRE)–Dec. 16, 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 February 15, 2006, to stockholders of record at the close of business on February 1.

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              Fax: 715-692-2082      SOURCE: Wausau Paper