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Buckeye Technologies Inc.

Memphis, Tennessee, USA, 25 January 2011 -- (BUSINESS WIRE) -- Buckeye Technologies Inc. (NYSE:BKI) announced today that its board of directors declared a regular quarterly cash dividend of USD 0.05 per common share payable on 15 March 2011 to shareholders of record as of the close of business on 15 February 2011. The quarterly dividend represents a 25% increase on the USD 0.04 per common share initiated in August 2010.

John B. Crowe, chairman and chief executive officer, said, "We are pleased to increase the quarterly dividend to USD 0.05. Our outlook going forward is positive and we have demonstrated an ability to consistently generate strong cash flows. We are confident that we can continue to increase shareholder value by returning cash to shareholders while also investing in high-return projects and growth opportunities."

Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee, USA. The company currently operates facilities in the United States, Germany, Canada, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods.


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