MeadWestvaco


Richmond, Virginia, USA, 24 October 2006 –- MeadWestvaco Corporation's (NYSE: MWV) board of directors today declared a regular quarterly dividend of USD 0.23 per common share. The payment of the dividend will be made on 01 December 2006, to stockholders of record at the close of business on 03 November 2006.

MeadWestvaco is a global packaging company that delivers high-value packaging solutions and products to the food and beverage, media and entertainment, personal care, cosmetic, and healthcare industries. The company also has market-leading positions in its Consumer and Office Products, Specialty Chemicals, and Specialty Papers businesses. MeadWestvaco, with operations in more than 29 countries, has been selected for the Dow Jones Sustainability Indexes, and manages all of its forestlands in accordance with internationally recognized forest certification standards. For more information, visit www.meadwestvaco.com.