<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q OF THE MEAD CORPORATION FOR THE QUARTERLY PERIOD ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. THIS SCHEDULE SHALL NOT BE DEEMED TO BE FILED FOR PURPOSES OF SECTION 11 OF THE SECURITIES ACT OF 1933, SECTION 18 OF THE SECURITIES EXCHANGE ACT OF 1934 AND SECTION 323 OF THE TRUST INDENTURE ACT OF 1939, OR OTHERWISE SUBJECT TO THE LIABILITIES OF SUCH SECTIONS, NOR SHALL IT BE DEEMED A PART OF ANY REGISTRATION STATEMENT TO WHICH IT RELATES. </LEGEND> <RESTATED> <PERIOD-TYPE> 3-MOS YEAR <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 <PERIOD-END> MAR-31-1998 MAR-31-1998 <CASH> 19 30 <SECURITIES> 0 0 <RECEIVABLES> 436 421 <ALLOWANCES> 0 0 <INVENTORY> 510 424 <CURRENT-ASSETS> 1,052 951 <PP&E> 5,533 5,465 <DEPRECIATION> 2,245 2,191 <TOTAL-ASSETS> 5,308 5,152 <CURRENT-LIABILITIES> 771 639 <BONDS> 1,428 1,428 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 155 155 <OTHER-SE> 2,145 2,134 <TOTAL-LIABILITY-AND-EQUITY> 5,308 5,152 <SALES> 839 3,746 <TOTAL-REVENUES> 839 3,746 <CGS> 661 3,009 <TOTAL-COSTS> 661 3,009 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 27 98 <INCOME-PRETAX> 58 242 <INCOME-TAX> 21 88 <INCOME-CONTINUING> 34 163 <DISCONTINUED> (3) (13) <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 31 150 <EPS-PRIMARY> .29 1.44 <EPS-DILUTED> .29 1.41