Neenah Paper, Inc. (NYSE:NP) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.24 per share on the company's common stock. The dividend will be payable on March 4, 2014 to stockholders of record as of close of business on February 14, 2014.

In November 2013, the company announced it would increase its quarterly dividend by 20 percent starting in 2014, from $0.20 to $0.24 per share.

About Neenah Paper, Inc.

Neenah is a leader in premium image and performance-based products, including filtration, specialized substrates used for tapes, labels and other products, and high-end printing papers. Products are marketed under well-known brands such as CLASSIC®, ASTROBRIGHTS®, ENVIRONMENT®, CRANE®, ROYAL SUNDANCE®, Southworth® KIMDURA®, Gessner®, JET-PRO® SofStretch TM and varitess®. Neenah is headquartered in Alpharetta, Georgia and its products are sold in over 70 countries worldwide from manufacturing operations in the United States and Germany. Additional information can be found at the company's web site, www.neenah.com.

Neenah Paper, Inc.
Bill McCarthy, 678-518-3278
Vice President ? Financial Analysis and Investor Relations