LP Announces Quarterly Dividend

August 7, 2006
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NASHVILLE, Tenn.--(BUSINESS WIRE)--Aug. 7, 2006--Louisiana-Pacific Corporation (LP) (NYSE:LPX) announced today that its board of directors has approved a $0.15 per share dividend. The dividend will be paid on Sept. 1, 2006 to shareholders of record on Aug. 17, 2006.

LP, headquartered in Nashville, Tenn., is a premier supplier of building products, manufacturing innovative, high-quality commodity and specialty products to its retail, wholesale, homebuilding and industrial customers. Visit LP's Web site at www.lpcorp.com for additional information on the company.


    CONTACT: Louisiana-Pacific Corporation, Nashville
             Media Relations:
             Mary Cohn, 615-986-5886
             or
             Investor Relations:
             Becky Barckley or Mike Kinney, 615-986-5600

    SOURCE: Louisiana-Pacific Corporation