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Buckeye Announces Management Changes

November 30, 2005

Buckeye Technologies has recently made several management changes. Among them, F. Gray Carter will become vice president, purchasing and logistics. Mr. Carter, who previously served as the company's vice president, commercial development-cotton, will lead Buckeye's purchasing and logistics organization.

In another recent personnel change, Elizabeth Welter will become vice president and chief accounting officer. Ms. Welter, who previously served as the company's vice president, corporate accounting and treasurer, will provide overall leadership for the finance and accounting organization.

Also in the area of finance, Chad Foreman was elected treasurer and investor relations manager. Mr. Foreman, who previously served as corporate controller and investor relations manager, will lead the company's treasury activities, serve as the primary interface with the external financial community and support business development efforts.

Lastly, Steven Dean will become controller for the company. Mr. Dean, who previously served as specialty fibers division controller, will provide overall financial leadership for business operations

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