<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF SCHWEITZER-MAUDUIT FOR THE YEAR ENDED DECEMBER 31, 1998, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 6,700 <SECURITIES> 0 <RECEIVABLES> 69,500 <ALLOWANCES> 1,900 <INVENTORY> 69,400 <CURRENT-ASSETS> 156,300 <PP&E> 479,300 <DEPRECIATION> 196,100 <TOTAL-ASSETS> 474,700 <CURRENT-LIABILITIES> 124,500 <BONDS> 108,400 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,600 <OTHER-SE> 195,400 <TOTAL-LIABILITY-AND-EQUITY> 474,700 <SALES> 546,700 <TOTAL-REVENUES> 546,700 <CGS> 440,600 <TOTAL-COSTS> 440,600 <OTHER-EXPENSES> 47,000 <LOSS-PROVISION> 500 <INTEREST-EXPENSE> 6,400 <INCOME-PRETAX> 53,900 <INCOME-TAX> 17,300 <INCOME-CONTINUING> 31,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 31,000 <EPS-PRIMARY> 1.94 <EPS-DILUTED> 1.92