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NewPage Corporation
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Miamisburg, Ohio, USA, 24 February 2010 – NewPage Corporation announced today the issuance of an additional USD 70 million in aggregate principal amount of 11.375% senior secured notes due 2014 in a private placement. These additional notes have substantially the same terms as the existing USD 1.7 billion 11.375% senior secured notes due 2014.

“The transaction was an opportunity to issue debt at a premium to the market and without underwriting fees. The net proceeds from the issuance of the notes will positively affect our overall liquidity position and will be used to repay existing borrowings under the revolver and for general corporate purposes,” stated David J. Prystash, senior vice president and chief financial officer of NewPage.

The notes issued by NewPage were not registered under the Securities Act of 1933, as amended, and may not be offered or resold in the United States absent registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any security.

Headquartered in Miamisburg, Ohio, NewPage Corporation is the largest coated paper manufacturer in North America, based on production capacity, with USD 3.1 billion in net sales for the year ended 31 December 2009. The company's product portfolio is the broadest in North America and includes coated freesheet, coated groundwood, supercalendered, newsprint, and specialty papers. These papers are used for corporate collateral, commercial printing, magazines, catalogs, books, coupons, inserts, newspapers, packaging applications, and direct mail advertising. NewPage owns paper mills in Kentucky, Maine, Maryland, Michigan, Minnesota,  and Wisconsin in the United States, and in Nova Scotia, Canada. These mills have a total annual production capacity of approximately 4.4 million tons of paper, including approximately 3.2 million tons of coated paper, approximately 1.0 million tons of uncoated paper, and approximately 200,000 tons of specialty paper.



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