WAUSAU-MOSINEE PAPER CORPORATION DECLARES DIVIDEND

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WAUSAU-MOSINEE PAPER CORPORATION DECLARES DIVIDEND

Friday, April 20, 2001

Press release from the issuing company

MOSINEE, WI… April 19, 2001…the Board of Directors of Wausau·Mosinee Paper Corporation (NYSE:WMO) at a meeting held today declared a regular quarterly cash dividend of $.085 per full share on the No Par Value Common Stock. The dividend is payable May 15, 2001 to stockholders of record at the close of business on May 1, 2001. Wausau·Mosinee Paper Corporation is a major producer of fine printing and writing, technical specialty papers, and towel and tissue products.

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