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Imation Corp. News

Imation Corp. Annual Meeting of Shareholders Scheduled for May 7th

OAKDALE, Minn., March 24 PRNewswire-FirstCall — Imation Corp. (NYSE: IMN) will hold its Annual Meeting of Shareholders on Wednesday, May 7, 2008, at 9:00 a.m., local time, at the Hotel Sofitel New York, 45 W. 44th Street, New York, NY 10036. The record date for the Annual Meeting is March 10, 2008.

The purpose of the meeting is to: 1. Elect five directors; 2. Ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal year 2008; 3. Approve the 2008 Stock Incentive Plan; and 4. Transact such other business that may properly come before the meeting or any adjournment or adjournments thereof.

These items are more fully described in the Proxy Statement which was filed with the Securities and Exchange Commission on March 24, 2008.

A live webcast of the meeting will be available on the Internet at http://www.imation.com or http://www.streetevents.com. A replay of this webcast will be available at either of these websites through May 13, 2008. A taped reply of the teleconference will be available beginning at 12:00 p.m. Central Daylight Time (CDT) on May 7, 2008 until 5:00 CDT on May 13, 2008 by dialing 888-286-8010, pass code 66313622.

All remarks made during the meeting will be current at the time of the call and the replay will not be updated to reflect any subsequent material developments.

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 on the company's website at http://www.imation.com, or by calling 1-888-466-3456.

SOURCE Imation Corp.

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