Richmond, Virginia, USA, 28 January 2008 -– MeadWestvaco Corporation’s (NYSE: MWV) board of directors today declared a regular quarterly dividend of USD 0.23 cents per common share. The payment of the dividend will be made on 03 March 2008, to shareholders of record at the close of business on 07 February 2008.

About MeadWestvaco

MeadWestvaco Corporation (NYSE: MWV) provides packaging solutions to many of the world’s most-admired brands in the food and beverage, media and entertainment, personal care, home and garden, cosmetics, and healthcare industries. The company has market-leading positions in its Consumer & Office Products and Specialty Chemicals businesses, and operates in more than 30 countries. MeadWestvaco manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the fourth consecutive year. For more information, visit us at www.meadwestvaco.com.