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MISSISSAUGA, ONTARIO–Nov. 8, 2017 –KP Tissue Inc. (“KPT”) (TSX:KPT) announced today that the Board of Directors has declared a quarterly dividend of $0.18 per common share, payable on January 15, 2018 to shareholders of record at the close of business on December 29, 2017, subject to applicable law.

The dividends paid are designated as “eligible” dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

The dividend is being declared in connection with the declaration of a corresponding quarterly distribution by Kruger Products L.P. (“KPLP”) in which KP Tissue holds a limited partnership interest.

Dividend Reinvestment Plan

The Corporation has a Dividend Reinvestment Plan under which eligible shareholders may elect to have their cash dividends reinvested in additional common shares of KPT. Under the Plan, the Corporation will automatically reinvest for participating shareholders the cash dividends of KPT in newly issued Common Shares at a price per Common Share equal to 97% of the 5-day weighted average trading price of the Common Shares prior to the dividend payment date.

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