Domtar responds to speculation about potential acquisition by Paper Excellence

Domtar has been made aware of press speculation regarding discussions between itself and Paper Excellence with respect to a possible business combination or acquisition. In response to that speculation, Domtar acknowledges that its management has been in discussions with Paper Excellence about such a potential transaction. However, these discussions may or may not result in an agreement.

A story on Bloomberg said: “Canadian paper and packaging company Paper Excellence is exploring a deal to acquire U.S. rival Domtar Corporation. The companies are working with advisers on a potential transaction.” Domtar said that it does not intend to make further comment unless or until there is a transaction to announce