Resolute Announces Indefinite Idling of Paper Machine at its Calhoun Mill

MONTREAL, CANADA—March 12, 2013—Resolute Forest Products announced today the indefinite idling of a newsprint machine at its Calhoun mill in Tennessee. The idling comes as a result of a decrease in demand for newsprint, coupled with high operating costs for the machine, which produced 215,000 metric tons per year. The decision follows Resolute's March 11 acquisition of the 49 percent interest in Calhoun Newsprint Company ("CNC") owned by The Herald Publishing Company, its joint-venture partner.