Badger Selects William A. Raaths as New Director.

Business Editors

PESHTIGO, Wis.--(BUSINESS WIRE)--Nov. 27, 2000

The Directors of Badger Paper Mills, Inc. have announced the selection of William A. Raaths as a Director of the Company. The appointment of Raaths fills the sixth Badger Board seat.

Raaths is a graduate of the University of Wisconsin-Madison with a degree in Economics. He later obtained an MBA degree in Marketing and Finance. Raaths has held marketing, finance and executive officer positions with Fort Howard, Philip Morris, Chesapeake and Georgia Pacific. He led Wisconsin Tissue, a $420 million division of Chesapeake Corporation, to record sales and profitability during his five years as its President. Shortly after Wisconsin Tissue's 1999 acquisition by Georgia Pacific, Raaths joined Anchor Food Products, a $500 million company headquartered in Appleton, Wisconsin, in his current position as President and Chief Executive Officer.

In making the announcement, Harvey Buek, Director and past president stated, "Bill Raaths brings Badger an extensive background in the paper business, coupled with broad management experience in specialty and customer products. These skills and insights will be invaluable as Badger continues to reposition itself in the packaging industry."

The appointment of Bill Raaths, coupled with the October appointment of Harold Bergman, past president of Riverside Paper, brings a great deal of management talent and industry insight to Badger's Board. Three of Badger's Board members are former presidents of paper companies, while Buek was a vice president of Scott Paper, a multibillion-dollar paper company.