Penford Corporation Declares Quarterly Dividend of $0.06 Per Share

Penford Corporation (Nasdaq: PENX) today announced that its Board of Directors declared the Company’s regular quarterly dividend following their April 18, 2008 meeting. The Board declared a regular $0.06 per share quarterly dividend payable June 6, 2008 to shareholders of record at the close of business May 16, 2008. About Penford Corporation Penford Corporation develops, manufactures and markets specialty natural-based ingredient systems for various applications, including papermaking, textiles and food products.