Montreal, Quebec, Canada, 14 September 2010 -- AbitibiBowater Inc. announced today the commencement of a private offering of CAD 750,000,000 of senior secured notes due 2018. The offering is a component of AbitibiBowater's previously announced plans of reorganization and emergence from creditor protection in the United States and Canada.

The notes will be senior secured obligations of AbitibiBowater, and will be guaranteed by AbitibiBowater's existing and future wholly owned material U.S. subsidiaries.

The notes have not been and will not be registered under the Securities Act or any state securities laws. Further, the notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements and, therefore, will be subject to substantial restrictions on transfer. The offering is being made only to qualified institutional buyers inside the United States and to certain non-U.S. investors located outside the United States.