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Imation Corp. News

Imation Corp. Board Declares Regular Cash Dividend of $0.16

OAKDALE, Minn., Feb. 6 PRNewswire-FirstCall — Imation Corp. (NYSE: IMN) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per share, payable March 31, 2008 to shareholders of record at the close of business on March 14, 2008. This is the twentieth consecutive quarterly dividend the Company's board has declared since the dividend was initiated in 2003. Future dividends are subject to the discretion of the Board of Directors.

About Imation Corp.

Imation Corp. is focused on the development, manufacture and supply of removable data storage products spanning the four pillars of magnetic, optical, flash and removable hard disk storage as well as consumer technology products. Imation Corp.'s global brand portfolio, in addition to the Imation brand, includes the Memorex brand, one of the most widely recognized names in the consumer electronics industry, famous for the slogan, "Is it live or is it Memorex?" Imation is also the exclusive licensee of the TDK Life on Record brand, one of the world's leading recording media brands. Additional information about Imation is available at http://www.imation.com.

SOURCE Imation Corp.

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