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;678-518-3286 # <br /> 11-09-10;03:07PM; • Pagel ofl <br /> Neenah Paper-Investor Re&ns-News Release <br /> Print Page Close Window <br /> News Release <br /> Neenah Paper Sells Ripon facility for$9,000,000 <br /> ALPHARETTA, Ga., Oct 27, 2010 (BUSINESS WIRE) -- <br /> Neenah Paper, Inc. (NYSE: NP) today announced that the Company sold the land and remaining assets of its fine <br /> paper mill in Ripon, California to Diamond Pet Food Processors of Ripon, LLC for a purchase price of$9 million.The <br /> Company will recognize a pre-tax gain on the sale of approximately $3 million in the fourth quarter of 2010. <br /> About Neenah Paper, Inc. <br /> Neenah Paper is a leading global manufacturer of premium, performance-based papers and specialty products used <br /> in a variety of applications including filtration, printing and writing, and as backing and component materials for <br /> various specialized industrial and consumer applications. Products are marketed under well-known brands such as <br /> CLASSIC(R), ENVIRONMENT(R), CRANE(R), KIMDURA(R), Gessner(R),JET-PRO(R) SofStretch(TM) and varitess(R). <br /> Based in Alpharetta, Georgia, the company has paper manufacturing operations in the United States and Germany. <br /> Additional information about Neenah Paper can be found at the company's web site, www.neenah.com. <br /> SOURCE: Neenah Paper, Inc. <br /> Neenah Paper, Inc. <br /> Bill McCarthy, 678-518-3278 <br /> Vice President - Financial Analysis and investor Relations <br /> http://phx.corporate-ir.net/phocnix.zhtml?c=186545&p=irol-newsArticle_print&ID=14881... 11/9/2010 <br />