Cambior Inc.
TSX : CBJ
AMEX : CBJ

Cambior Inc.

October 31, 2006 14:39 ET

Cambior Inc: Omai Lawsuit Struck and Dismissed

LONGUEUIL, QUEBEC--(CCNMatthews - Oct. 31, 2006) - Cambior Inc. (TSX:CBJ)(AMEX:CBJ)

Honourable Mr Justice Carl Singh, of the High Court of the Supreme Court of Judicature of Guyana has ordered that the $2 billion representative action taken against Omai Gold Mines Limited and other defendants following the 1995 tailing's dam incident be struck out and dismissed. The judge also awarded the costs in favour of the defendants Omai Gold Mines Ltd. Omai Gold Mines Limited is a subsidiary of Cambior inc.

ABOUT CAMBIOR INC.

Cambior Inc. was created in 1986 and has since then become an international gold producer with operations, development projects and exploration activities throughout the Americas. Cambior's shares trade on the Toronto (TSX) and American (AMEX) stock exchanges under the symbol "CBJ". Cambior's warrants, "CBJ.WT.C" trade on the TSX.

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