Magnera Corp — Director's Dealing 2004

May 4, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2004-05-03

Reporting Person: DAHLBERG KATHLEEN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-03	Common Stock, Par Value $.01	A	528	$11.36	Acquired	2348	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-03	Stock Options (Right to buy)	$11.36	A	2500	Acquired	2014-05-03	Common Stock (2500)	Direct

Footnotes

F1: As part of the Director's compensation, each director receives a retainer of $9,000.00 semi-annually, 1/3 is paid in cash, and 2/3 in GLT stock. These shares represent the stock portion of this retainer.