Bowater

Greenville, South Carolina, USA, 11 July 2006 -- (BUSINESS WIRE) -- Bowater Incorporated (NYSE: BOW) will release second quarter 2006 financial results before the market opens on 27 July 2006.

A management conference call will be held to discuss these financial results at 10:00 a.m. Eastern Time, 27 July 2006. The conference call number is 800-762-4717 or 480-629-9025 (international). A webcast of the call will be available on Bowater's Web site at www.bowater.com. Interested parties may follow the on-screen instructions for access to the webcast and related information. A replay of the call will be available after 1:30 p.m. Eastern Time on 27 July on the Web site and through 03 August by dialing 800-475-6701 or 320-365-3844 (international) and using the access code 836240.

Bowater Incorporated, headquartered in Greenville, South Carolina, is a leading producer of coated and specialty papers and newsprint. In addition, the company sells bleached market pulp and lumber products. Bowater employs approximately 8000 people and has 12 pulp and paper mills in the United States, Canada, and South Korea. In North America, it also operates two converting facilities and 10 sawmills. Bowater's operations are supported by approximately 1.1 million acres of timberlands owned or leased in the United States and Canada and 28 million acres of timber cutting rights in Canada, as of 31 March 2006. Bowater operates six recycling plants and is one of the world's largest consumers of recycled newspapers and magazines. Bowater common stock is listed on the New York Stock Exchange and the Pacific Exchange. A special class of stock exchangeable into Bowater common stock is listed on the Toronto Stock Exchange (TSX: BWX). To learn more, visit www.bowater.com.