NASHVILLE, Tenn., Nov 06, 2006 (BUSINESS WIRE) -- Louisiana-Pacific Corporation (LP) (NYSE:LPX) announced today that its board of directors has approved a $0.15 per share dividend. The dividend will be paid on December 1, 2006, to shareholders of record on November 17, 2006.

LP, headquartered in Nashville, Tenn., is a premier supplier of building products, manufacturing innovative, high-quality commodity and specialty products to its retail, wholesale, homebuilding and industrial customers. Visit LP's Web site at www.lpcorp.com for additional information on the company.

SOURCE: Louisiana-Pacific Corporation

Louisiana-Pacific Corporation, Nashville
Media Relations:
Mary Cohn, 615-986-5886
or
Investor Relations:
Becky Barckley/Mike Kinney, 615-986-5600