Resolute
Forest Products Inc. today announced that holders of $496.5 million principal
amount of its 10.25% senior secured notes due 2018 (CUSIP No. 003687AB6) (the
"2018 notes"), or 99.1% of the outstanding principal amount, tendered
their 2018 notes and delivered consents before 5:00 p.m., New York City time
today, the "early tender deadline" under the Company's
previously-announced cash tender offer and consent solicitation. Resolute
intends to accept for payment on May 8, 2013 , all 2018 notes validly tendered
and not validly withdrawn before the early tender deadline. The holders of
those notes will receive $1,166.94 per $1,000 principal amount, plus accrued
and unpaid interest up to, but not including, the date of payment.