News Release

KapStone Paper and Packaging Corporation Announces Cash Dividend

NORTHBROOK, Ill., Aug. 10, 2017 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) (the "Company") today announced that its Board of Directors has approved a regular quarterly dividend of $0.10 per share payable on October 12, 2017 to stockholders of record as of September 29, 2017. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the determination of the Company's Board of Directors.

About the Company
Headquartered in Northbrook, Illinois, the Company is the fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States. The Company has four paper mills, 24 converting facilities and approximately 60 distribution centers and employs approximately 6,400 people.


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SOURCE KapStone Paper and Packaging Corporation

Andrea K. Tarbox, Executive Vice President and Chief Financial Officer, 847-239-8812