Buckeye Technologies Inc. Information

Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee, USA. The Company currently operates facilities in the United States, Germany, and Canada. Its products are sold worldwide to makers of consumer and industrial goods. NOTE* This release includes certain financial information not derived in accordance with generally accepted accounting principles ("GAAP"). The non-GAAP measures presented are "adjusted operating income", "adjusted net income", "and adjusted earnings per share", "free cash flow". The first three measures are equal to net income, pre-tax income, operating income and earnings per share excluding the after-tax effects of alternative fuel mixture credits (AFMC) and cellulosic biofuel credits (CBC), goodwill and long-term asset impairment cost, and restructuring cost. "Free cash flow" is equal to net cash provided by operating activities less net cash used in investing activities (excluding purchase of short term investments.