SFK Pulp Fund

Longueuil, Québec, Canada, 18 December 2008 – SFK Pulp Fund (TSX: SFK.UN) announced today that it has declared a cash distribution of CAD 0.01 per unit, payable on 15 January 2009, to unitholders of record at the close of business on 31 December 2008.

SFK Pulp, a leading producer and marketer of premium virgin and recycled kraft pulp, operates three mills in Canada (Saint-Félicien, Québec) and the United States (Fairmont, West Virginia, and Menominee, Michigan). SFK Pulp employs approximately 550 people and has a total annual production capacity of 735,000 metric tons. The Saint-Félicien mill supplies northern bleached softwood kraft (NBSK) pulp to various sectors of the paper industry in Canada, the United States, and Europe for use in speciality products. The Fairmont and Menominee mills manufacture air-dried market recycled bleached kraft (RBK) pulp and primarily supply manufacturers of uncoated freesheet, commercial and away-from-home tissue, and coated paper in the United States.