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Imation Declares $0.16 Dividend

OAKDALE, Minn. -- Imation Corp. (NYSE:IMN) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per share, payable June 30, 2008 to shareholders of record at the close of business on June 13, 2008. This is the twenty-first 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.

Imation Corp.