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LP Announces Quarterly Dividend

NASHVILLE, Tenn.--(BUSINESS WIRE)--Feb. 5, 2007--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 March 1, 2007 to shareholders of record on February 15, 2007.

LP is a premier supplier of building products, delivering 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.

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

SOURCE: Louisiana-Pacific Corporation