<B>Bowater Plans Market Pulp Production Cut</B>

In a continuing move by market pulp producers to protect prices, Bowater Inc. announced that it will curtail production of market pulp during the first quarter of 2001 by 30,000 metric tons, or approximately 12% of quarterly production capacity, to adjust inventories.

The move continues the move by pulp producers to bring supply and demand back into balance. With plans by many pulp producers to push pulp prices higher this year the goal of many producers is to eliminate excess capacity.