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Domtar Inc. sends notices of redemption for its Series A and Series B Preferred

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22

TICKER SYMBOL UFS (NYSE, TSX)

MONTREAL, Nov. 22 /CNW Telbec/ - Domtar Inc., a wholly owned subsidiaryof Domtar Corporation, announced today that it sent on November 21, 2007notices of redemption to the registered holders of all of its Series APreferred Shares and Series B Preferred Shares. In accordance with the shareprovisions applicable to such Preferred Shares and the notices of redemption,the Series A Preferred Shares will be redeemed on December 21, 2007 atCanadian $25.4932 per Series A Preferred Share, representing the redemptionprice of Canadian $25.00 plus accrued dividends of Canadian $0.4932, accruingas of and from October 2, 2007 (being the last dividend payment date). TheSeries B Preferred Shares will be redeemed on December 21, 2007 atCanadian $25.2466 per Series B Preferred Share, representing the redemptionprice of Canadian $25.00 plus accrued dividends of Canadian $0.2466, accruingas of and from October 2, 2007 (being the last dividend payment date).

Holders of the Series A or Series B Preferred Shares should direct anyquestions regarding surrender of their certificate(s) to Computershare TrustCompany of Canada at 1-866-245-4053, or send an e-mail tocorporateactions(at)computershare.com.

Domtar Corporation (NYSE/TSX: UFS) is the largest integrated producer ofuncoated freesheet paper in North America and the second largest in the worldbased on production capacity, and is also a manufacturer of papergrade pulp.The Company designs, manufactures, markets and distributes a wide range ofbusiness, commercial printing, publication as well as technical and specialtypapers with recognized brands such as First Choice(R), Domtar Microprint(R),Windsor Offset(R), Cougar(R) as well as its full line of environmentally andsocially responsible papers, Domtar EarthChoice(R). Domtar owns and operatesDomtar Distribution Group, an extensive network of strategically-located paperdistribution facilities. Domtar also produces lumber and other specialty andindustrial wood products. The Company employs nearly 14,000 people. To learnmore, visit .

All statements in this press release that are not based on historicalfact are "forward-looking statements". While management has based anyforward-looking statements contained herein on its current expectations, theinformation on which such expectations were based may change. Theseforward-looking statements rely on a number of assumptions concerning futureevents and are subject to a number of risks, uncertainties, and other factors,many of which are outside of our control that could cause actual results tomaterially differ from such statements. Such risks, uncertainties, and otherfactors include, but are not necessarily limited to, those set forth under thecaptions "Forward-Looking Statements" and "Risk Factors" of the prospectusescontained in the registration statement on Form S-4 filed with the SEC. Wedisclaim any intention to, and undertake no obligation to, update or reviseany forward-looking statements contained in this press release.

For further information

Media Relations: Michel A. Rathier, (514)848-5103
Investor Relations: Pascal Bossé, (514) 848-5938

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