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Temiscaming, Quebec, Canada, 12 November 2008 – Tembec’s fourth quarter results for the period ended 27 September 2008 will be released on 19 November 2008.

A conference call for financial analysts and institutional investors is scheduled for 19 November 2008 at 4:00 p.m. (Eastern Time) and can be accessed on a listen-only basis via the internet at www.tembec.com in the “Investors” section. A recording of the conference call can be accessed after 6:00 p.m. on 19 November until midnight 29 November 2008 at 1-800-408-3053 and by entering the password 3272169#.

Tembec is a large, diversified, and integrated forest products company that is a global leader in sustainable forest management practices. With operations principally located in North America and in France, the company employs approximately 8000 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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