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 May 30, 2008 to shareholders of record on May 16, 2008.

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 atwww.lpcorp.comfor additional information on the company.