AbitibiBowater Inc., doing business as Resolute Forest Products ("Resolute") (NYSE: ABH) (TSX: ABH), has announced that the Bureau de décision et de révision (Québec) has accepted, with immediate effect, the Company's application to cease trade Fibrek Inc.'s ("Fibrek") (TSX: FBK) private placement of 32,320,000 special warrants to Mercer International Inc.("Mercer") (Nasdaq: MERC) (TSX: MRI.U).

Resolute also announced today that it has extended to March 9, 2012 the expiry date for its offer to acquire all the issued and outstanding common shares of Fibrek. The offer to acquire all of the issued and outstanding shares of Fibrek made by Resolute, together with RFP Acquisition Inc., a wholly-owned subsidiary, is more fully described in the offer circular and other ancillary documentation that Resolute filed on December 15, 2011, on the Canadian Securities Administrators' website ("SEDAR"), as varied and extended. The offer will expire at 5:00 p.m. (Eastern Standard Time) on March 9, 2012, unless it is extended or withdrawn by Resolute.

Resolute continues to work diligently to obtain all required approvals from the Canadian regulatory authorities. As of the close of business on February 23, 2012 approximately 67 million common shares of Fibrek had been deposited to Resolute's offer, representing approximately 51.5% of the outstanding common shares.

Questions and requests for assistance or further information on how to tender Fibrek common shares to the offer should be directed to, and copies of the above referenced documents may be obtained by contacting, Georgeson at 1-866-598-0048 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it.