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Domtar Inc. Announces Issue of Notes

Press release from the issuing company

MONTREAL, Oct. 11 Domtar Inc. announced today that it has entered into a definitive agreement to issue an aggregate principal amount of US$ 600 million 7 7/8 % Notes due in 2011, and sell them in the United States in an underwritten public offering. The group of underwriters is co-led by JP Morgan and Deutsche Banc Alex. Brown. JP Morgan is acting as the sole bookrunner. Domtar will use the net proceeds of the offering to repay bank loans it incurred to partially finance the purchase of four pulp and paper mills in the United States from Georgia-Pacific Corporation on August 7th, 2001. A written prospectus meeting the requirements of Section 10 of the "U.S. Securities Act of 1933'' may be obtained from JP Morgan Securities Inc., 270 Park Avenue, 8th Floor, New York, New York 10017 (telephone: 212-834-4533).

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