Fraser Papers Inc.
TSX : FPS

Fraser Papers Inc.

October 12, 2005 10:56 ET

Fraser Papers to Take Downtime in the Fourth Quarter

TORONTO, ONTARIO--(CCNMatthews - Oct. 12, 2005) -

(All financial references are in US dollars unless otherwise noted)

Fraser Papers Inc. (TSX:FPS) today announced that it is taking market-related downtime at its lumbermills in Plaster Rock and Juniper, New Brunswick beginning October 21, 2005.

Fraser Papers expects the downtime to be one month in duration, but may be shortened or extended depending on market conditions.

Fraser Papers is an integrated specialty paper company which produces a broad range of technical, and printing & writing papers. The company has operations in New Brunswick, Maine, New Hampshire and Quebec. Fraser Papers is listed on the Toronto Stock Exchange under the symbol: FPS. For more information, visit the Fraser Papers web site at www.fraserpapers.com.

Note: This press release contains "forward-looking statements" that are based on certain assumptions and reflect the company's current expectations. The words "believe," "expect," "anticipate," "intend," "estimate" and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include general economic conditions, interest rates, availability of equity and debt financing and other risks detailed from time to time in the documents filed by the company with the securities regulators in Canada. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Fraser Papers Inc.
    Pierre McNeil - Senior Vice President
    Human Resources and Wood Products
    (416) 359-8636
    mcneilp@fraserpapers.com