2008-06-23 23:46:06 -

www.meadwestvaco.com - MeadWestvaco Corporation's (NYSE:MWV) Board of Directors today declared a regular quarterly dividend of $0.23 cents per common share. The payment of the dividend will be made on September 2, 2008, to shareholders of record at the close of business on August 1, 2008.

About MWV

MeadWestvaco Corporation (NYSE:MWV), provides packaging solutions to many of the world's most-admired brands in the healthcare, personal and beauty care, food, beverage, media and entertainment, and home and garden industries. The company's businesses include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company's land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 24,000 employees

worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the fourth consecutive year. For more information, please visit www.mwv.com.

MeadWestvaco Corporation
Media Contact:
Alison von Puschendorf, +1 804-327-7284
mediainquiries@meadwestvaco.com
or
Investor Relations:
Jason Thompson, +1 804-201-2556