Mill News

<B>Tembec Subsidiary Completes Acquisition</B>

Tembec announced that its subsidiary Tembec S.A. completed the acquisition of all the shares of two subsidiaries of the LaRochete Group: Cellurhône S.A. and Pyrénécell S.A. in France.

Pyrénécell will be renamed Tembec Saint-Gaudens S.A. The mill is located in southern France. The mill has a current capacity of 300,000 metric tons of hardwood kraft pulp per year.

Cellurhône will be renamed Tembec Tarascon S.A. The mill has a current capacity of 270,000 metric tons per year of softwood kraft pulp.

October 2000
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