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Management Side
Technical Side
Tembec Sells Site of Idled Mill
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Temiscaming, Quebec, Canada, 15 April 2009 -- Tembec Inc. today announced that its subsidiary, Tembec USA LLC, has sold its idled coated paper mill located in St. Francisville, Louisiana, to West Feliciana Acquisition, LLC. The mill was indefinitely idled in July 2007.

Sale proceeds will total USD 16 million, made up of USD 6 million cash received at closing and USD 10 million of interest bearing notes. As a result of the sale, Tembec Inc. will record a gain of approximately CAD 16 million in its June 2009 quarterly consolidated financial statements.

Tembec is a large, diversified and integrated forest products company and a global leader in sustainable forest management practices. With operations principally located in North America and in France, the company employs approximately 7000 people. Tembec’s common shares are listed on the Toronto Stock Exchange under the symbol TMB and warrants under TMB.WT. Additional information on Tembec is available at www.tembec.com.


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