New Jersey based Wellman Inc has declared a quarterly dividend of US$ 0.05 per share on the outstanding shares of the company's common stock. This dividend is payable on September 15, 2005 to stockholders of record as of the close of business on September 1,

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| 2005. Wellman Inc manufactures and markets high-quality polyester products, including PermaClear brand PET packaging resins and Fortrel brand polyester fibers. Wellman is one of the world's largest PET plastic recyclers, utilizing a significant amount of recycled raw materials in their manufacturing operations. 

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