Abitibi-Consolidated Declares Dividend

Montreal, Quebec, Canada, 25 April 2006 -- /PRNewswire/ -- Abitibi-Consolidated Inc. has approved a dividend payment to shareholders of record on 08 May 2006, amounting to 2.5 cents per common share, payable 01 June 2006. Abitibi-Consolidated is a global leader in newsprint and commercial printing papers as well as a major producer of wood products, serving clients in some 70 countries from its 45 operating facilities. Abitibi-Consolidated is the largest recycler of newspapers and magazines in North America, diverting annually approximately 1.9 million metric tons of recovered paper from landfills. It also ranks first in Canada in terms of total certified woodlands. Abitibi-Consolidated shares are traded on the Toronto Stock Exchange (TSX: A) and on the New York Stock Exchange (NYSE:ABY).