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P. H. Glatfelter Company Announces First Quarter Dividend

Spring Grove, PA March 14, 2001:

The Board of Directors of the P. H. Glatfelter Company today declared a quarterly dividend on its outstanding common stock as follows:


Class           Per Share        Record Date           Payable Date

Common      17.5             April 6, 2001           May 1, 2001



2001 The P.H. Glatfelter Company