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Buckeye Announces Quarterly Dividend

Buckeye Technologies Inc. (NYSE:BKI) announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.06 per common share payable on December 15, 2011 to shareholders of record as of the close of business on November 15, 2011.

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.

Contacts:

Buckeye Technologies Inc.
Steve Dean, 901-320-8352
Senior Vice President
and Chief Financial Officer
or
Investor Relations
Daryn Abercrombie, 901-320-8908
www.bkitech.com

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