<b>Domtar Acquiring G-P Mills</b>

Domtar Inc. signed a letter of intent to acquire several of Georgia-Pacific Corp.’s paper and pulp mills. The assets to be acquired by Domtar include G-P’s uncoated fine paper mills in Ashdown, Ark., Nekoosa, Wis., Port Edwards, Wis., and Woodland, Maine, as well as the associated pulp facilities.

The acquisition is expected to be complete by the second quarter of the year, pending completion of due diligence.

 Annual paper capacity at the Ashdown mill is 825,000 tons, predominantly copier paper and includes other specialty and offset printing papers; the facility's market pulp capacity is 175,000 tons annually. The Port Edward and Nekoosa mills have annual paper capacity of 185,000 and 218,000 tons, respectively. The two mills produce various premium, specialty and copier grade papers. The Woodland mill's annual paper capacity is 130,000 tons and its market pulp capacity totals 380,000 tons.

Georgia-Pacific will continue to own and operate white paper mills at Camas, Wash., Crossett, Ark., Port Hudson, La., and Wauna, Ore.

April 2001
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