Creve Coeur, Missouri, and Chicago, Illinois, USA, 30 October 2008 -- /PRNewswire/ -- Smurfit- Stone Container Corporation (NASDAQ:SSCC) today announced that its board of directors declared a regular quarterly cash dividend on its 7% Series A Cumulative Exchangeable Redeemable Convertible Preferred Stock. A dividend payment of USD 0.4375 per share will be payable on 15 November 2008, to shareholders of record as of 07 November 2008.

Smurfit-Stone Container Corporation (NASDAQ:SSCC) is one of the industry's leading integrated containerboard and corrugated packaging producers and is one of the world's largest paper recyclers. The company is a member of the World Business Council for Sustainable Development, the Sustainable Forestry Initiative, and the Chicago Climate Exchange. Smurfit-Stone generated revenue of USD 7.4 billion in 2007, has led the industry in safety every year since 2001, and conducts its business in compliance with the environmental, health, and safety principles of the American Forest & Paper Association.