News Releases

    • AbitibiBowater Receives Court Orders to Call for Creditor Claims
          ABWTQ (OTC)MONTREAL, Sept. 4 /CNW Telbec/ - AbitibiBowater announced today that the
      Company has received approval for a process to call for creditor claims (the
      "Claims Process") by the Quebec Superior Court in Canada and the U.S.
      Bankruptcy Court for the District of Delaware.
          The Claims Process granted outlines the procedures by which creditors can
      make claims against the Company, in respect of claims as at April 16, 2009,
      for Chapter 11 filers and April 17, 2009, for the entities that filed for
      protection under the Companies' Creditors Arrangement Act (CCAA), and
      contracts repudiated between April 17, 2009, and August 31, 2009 (the
      "Creditors"). These proposed procedures have been outlined in the Fourteenth
      Report of the Monitor, a link to which can be found on
          "Launching the Claims Process at this juncture demonstrates continued
      progress in AbitibiBowater's restructuring efforts," stated David J. Paterson,
      President and Chief Executive Officer. "This key step in our creditor
      protection filings will allow the Company to better assess the scope and
      nature of creditor claims and assist AbitibiBowater in formulating a
      restructuring plan."
          Under the Claims Process, creditor claims must be received by 4:00 p.m.
      (Eastern) on November 13, 2009. Creditor claims not received by this bar date
      will be extinguished, and the Creditors asserting such claims will not be
      entitled to participate in any forthcoming restructuring plan.
          The Monitor, Ernst & Young Inc., and the Company's Claims Agent, Epiq
      Bankruptcy Solutions, LLC, will be mailing proof of claim packages and
      instruction letters to all known creditors. In addition, a copy of the court
      orders, the proof of claim package and an instruction letter will be available
      through a link on Creditors, or any other interested
      parties, who do not receive a proof of claim package can obtain the
      information through the Company website. In order to promote awareness of the
      Claims Process, a Notice to Creditors will be published weekly over the coming
      weeks in a number of English and French newspapers.
          Certain creditors are not required to file claims in the Claims Process
      including, among other creditors, active employees or employees that were
      active at the date of AbitibiBowater's creditor protection filing on April 16,
      2009. This group of employees has been excluded from the Claims Process at
      this time given the Company's restructuring initiatives continue to unfold.
      Employees and other creditors not presently included in the Claims Process
      will be advised when the Company seeks to approve a date for the filing of any
      claims by these individuals, if necessary, at a future date.
          More information about AbitibiBowater's restructuring process can be
      found at or by calling toll-free 888 266-9280.
      International callers should dial 503 597-7698.
          AbitibiBowater produces a wide range of newsprint, commercial printing
      papers, market pulp and wood products. It is the eighth largest publicly
      traded pulp and paper manufacturer in the world. AbitibiBowater owns or
      operates 23 pulp and paper facilities and 29 wood products facilities located
      in the United States, Canada, the United Kingdom and South Korea. Marketing
      its products in more than 90 countries, the Company is also among the world's
      largest recyclers of old newspapers and magazines, and has third-party
      certified 100% of its managed woodlands to sustainable forest management
      standards. AbitibiBowater's shares trade over-the-counter on the Pink Sheets
      and on the OTC Bulletin Board under the stock symbol ABWTQ.
      For further information:
      For further information: Investors: Duane Owens, Vice President,
      Finance, (864) 282-9488; Media and Others: Seth Kursman, Vice President,
      Public Affairs, Sustainability & Environment, (514) 394-2398,