Consumables

AbitibiBowater announces intention to sell approximately 76,700 hectares of select timberland assets in Quebec

Wednesday 29. October 2008 - AbitibiBowater announced today that it intends to divest three forest units located in the Mauricie and Bas-Saint-Laurent regions in the Province of Quebec, Canada.

These timberland assets include the Seigneuries of Perthuis, Nicolas-Riou and Lac Metis, which comprise a total area of approximately 76,724 hectares (or 189,508 acres) and have a timber inventory of over 7.7 million cubic meters. Scotia Capital Inc. has been retained as exclusive financial advisor for the sale process, and all inquiries or expressions of interest should be forwarded directly to their attention.