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Resolute Forest Products Announces Commencement of Formal Take-Over Bid for Fibrek Inc.

Thursday 15. December 2011 - AbitibiBowater Inc., doing business as Resolute Forest Products ("Resolute") (NYSE: ABH) (TSX: ABH), announced today that it has formally commenced its offer to purchase all the issued and outstanding common shares of Fibrek Inc. (Fibrek, TSX: FBK) (the "Offer"). The Offer, which Resolute is making together with RFP Acquisition Inc., a wholly-owned subsidiary, is more fully described in the offer circular and other ancillary documentation (collectively, the "Offer Documents") the Company is filing today on the Canadian Securities Administrators' website ("SEDAR").

http://www.resolutefp.com
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