ALPHARETTA, Ga., May 5, 2006 /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 June 2, 2006 to stockholders of record as of close of business on May 11, 2006.

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) and MUNISING LP(R) Papers. 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 operations in Wisconsin, Michigan and in the Canadian provinces of Ontario and Nova Scotia. Additional information about Neenah Paper can be found at the company's web site at www.neenah.com.

SOURCE Neenah Paper, Inc.

Bill McCarthy, Vice President - Financial Analysis and Investor Relations of Neenah Paper, Inc., +1-678-518-3278