News Releases

    • AbitibiBowater named leading forest products company in Climate Disclosure Leadership Index
          ABH (NYSE, TSX)
          MONTREAL, Nov. 5 /CNW Telbec/ - AbitibiBowater has been ranked the
      leading forest products company in Canada in the 2008 Climate Disclosure
      Leadership Index, with respect to disclosure of carbon emissions.
      AbitibiBowater is included in the Carbon Disclosure Project (CDP) report,
      which lists top companies demonstrating best-in-class disclosure practices in
      climate change strategy as well as reporting of greenhouse gas emissions. In
      the CDP's sixth annual report, AbitibiBowater came in fourth overall among
      Canadian high-carbon impact sector companies.
          "At AbitibiBowater, we continue to view sustainability as the way
      forward," stated David J. Paterson, President and Chief Executive Officer. "We
      are committed to reducing our carbon footprint, and we want to become a
      carbon-neutral enterprise."
          Since 1990, AbitibiBowater has reduced by 51 percent its absolute carbon
      emissions in Canada. The Company is implementing several initiatives to
      effectively reduce emissions, including:- Implementing energy-efficient technologies such as increasing the use
            of biomass fuels and reducing water usage;
          - Developing innovative, environmentally-friendly products and increasing
            the use of recycled fiber;
          - Adopting harvesting practices to improve conservation and sustainable
            forest management; and
          - Maximizing rail transportation for sustainable delivery of products as
            an alternative to highway use.The CDP represents 385 institutional investors, with a combined asset
      base of $57 trillion. On their behalf, the CDP compiles information from the
      world's largest companies on the business risks and opportunities presented by
      climate change and greenhouse gas emissions.
          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 27 pulp and paper facilities and 34 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 more third-party
      certified sustainable forest land than any other company in the world.
      AbitibiBowater's shares trade under the stock symbol ABH on both the New York
      Stock Exchange and the Toronto Stock Exchange.
      For further information:
      For further information: Media and Others: Seth Kursman, Vice President,
      Communications and Government Affairs, (514) 394-2398,