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Prospectus - US$150 Million, 8.625% Senior Notes due 2011

Date: May 8, 2003

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Recent News

Catalyst provides update regarding recapitalization
Friday, January 20, 2012

Richmond, BC – Catalyst Paper Corporation (TSX:CTL) announces, in accordance with an interim order from the British Columbia Superior Court (the Court) dated January 17, 2012, that a hearing (the Hearing) is scheduled to be held on February 3, 2012 with respect to its previously announced recapitalization transaction.

Catalyst board of directors recommends support for recapitalization transaction
Saturday, January 14, 2012

Richmond, BC – Catalyst Paper Corporation (TSX:CTL) announced today that the company has entered into an agreement (the Agreement) for a recapitalization transaction that will result in a significantly reduced debt burden.

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