Buckeye Announces Establishment of New Organization.

MEMPHIS, Tenn. -- Buckeye Technologies Inc. (NYSE: BKI) today announced the establishment of an organization effective February 1, 2006 whose mission is to bring new products to the market on an accelerated schedule. The new organization will be led by Mr. Jeffery T. Cook who will be appointed Senior Vice President, Marketing.

In addition to Mr. Cook, Ms. Susan L. H. Crenshaw, who will be appointed Vice President, Market Development, and Mr. Henry E. Hall, who will be appointed Vice President, Commercial Development, will play key roles in the new organization.

Buckeye Chairman, David B. Ferraro, commented, "We are excited about this new organization and have high expectations that it will improve our marketing capability and increase the speed at which we commercialize new products, including Ultra Fiber(TM) 500, our patented concrete reinforcing fiber. The individuals leading the effort are proven top performers."

Mr. Cook is a graduate of Vanderbilt University with a degree in Chemical Engineering. He joined Buckeye's predecessor company in 1983, was elected Vice President in 1999, and most recently served as Senior Vice President, Product and Market Development.

Ms. Crenshaw is a graduate of the University of Tennessee with a degree in Chemical Engineering. She joined Buckeye's predecessor company in 1978, was elected Vice President in 1999, and most recently served as Vice President, Nonwovens and Absorbent Fibers Product Development.

Mr. Hall is being elected Vice President. He is a graduate of Auburn University with a degree in Business Administration and earned a MBA at Wake Forest University. He joined Buckeye in 1999 with the Walkisoft acquisition and has held positions of increasing responsibilities in manufacturing and sales.

Other Buckeye Senior Management changes are being separately announced.

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, Canada, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods.

Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting the Company's operations, financing, markets, products, services and prices, and other factors. For further information on factors which could impact the Company and the statements contained herein, please refer to public filings with the Securities and Exchange Commission.