Catalyst Paper Restructuring Plan not Approved, Sale Now Pending

Details of the voting results including votes on a class-by-class basis are available at www.catalystpaper.com/restructuring.

Since the amended plan of arrangement was not approved at the meetings, Catalyst Paper is required to commence a sale transaction in accordance with certain court-approved sale and investor solicitation procedures (SISP) as described in the Management Proxy Circular delivered to Catalyst Paper's creditors in advance of the meetings.