Imation Corp. Board Declares Regular Cash Dividend of $0.16

OAKDALE, Minn., July 31 /PRNewswire-FirstCall/ -- Imation Corp.
(NYSE: IMN) today announced that its Board of Directors declared a regular
quarterly cash dividend of $0.16 per share, payable September 30, 2008 to
shareholders of record at the close of business on September 15, 2008. This
is the twenty-second consecutive quarterly dividend the Company's board has
declared since the dividend was initiated in 2003. Future dividends are
subject to the discretion of the Board of Directors.
About Imation Corp.
Imation is a leading global marketer of brands and developer of products
in digital storage and audio and video electronics. Imation Corp.'s global
brand portfolio, in addition to the Imation brand, includes the Memorex brand,
one of the most widely recognized names in the consumer electronics industry,
famous for the slogan, "Is it live or is it Memorex?" and the XtremeMac brand.
Imation is also the exclusive licensee of the TDK Life on Record brand, one of
the world's leading recording media brands. Additional information about
Imation is available at http://www.imation.com.
SOURCE Imation Corp.

Brad Allen, Vice President, Corporate Communications and Investor Relations of
Imation Corp., +1-651-704-5818