Bowater Incorporated CFO to Speak at Investor Conference

    Bowater Inc.

Bowater Incorporated (NYSE: BOW) Senior Vice President and Chief Financial
Officer, William G. Harvey, will speak at the UBS Leveraged Finance Conference
in Las Vegas, NV on Thursday, May 12, at 4 p.m. PDT.

Interested parties can access a live audio webcast and obtain a copy of the
presentation on Bowater's website at www.bowater.com. A replay of the
presentation will be available on the company's website within 24 hours of the
presentation, and will be available until June 12, 2005.

Bowater Incorporated, headquartered in Greenville, SC, is a leading producer of
newsprint and coated mechanical papers. In addition, the company makes uncoated
mechanical papers, bleached kraft pulp and lumber products. The company has 12
pulp and paper mills in the United States, Canada and South Korea and 12 North
American sawmills that produce softwood lumber. Bowater also operates two
facilities that convert a mechanical base sheet to coated products. Bowater's
operations are supported by approximately 1.4 million acres of timberlands owned
or leased in the United States and Canada and 30 million acres of timber cutting
rights in Canada. Bowater is one of the world's largest consumers of recycled
newspapers and magazines. Bowater common stock is listed on the New York Stock
Exchange, the Pacific Exchange and the London Stock Exchange. A special class of
stock exchangeable into Bowater common stock is listed on the Toronto Stock
Exchange (TSX: BWX).

Bowater Inc (LSE:BOW)
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