Resolute Prices $600 Million Senior Notes Offering

              Resolute Prices $600 Million Senior Notes Offering

PR Newswire

MONTREAL, April 26, 2013

US $

MONTREAL, April 26, 2013 /PRNewswire/  - Resolute Forest Products Inc.  (NYSE: 
RFP) (TSX: RFP) today  announced that it priced  the offering of $600  million 
aggregate principal amount of its senior notes due 2023 (the "2023 notes")  at 
5.875% and 99.062% of par value. The notes will be unsecured and guaranteed by
substantially all of Resolute's U.S. subsidiaries.

The offering of  the 2023  notes is  expected to close  on May  8, subject  to 
customary closing conditions, with net  proceeds used to repurchase, repay  or 
otherwise  discharge  all,  or  substantially  all,  of  its  $501.2   million 
outstanding aggregate principal  amount 10.25% senior  secured notes due  2018 
(the "2018 notes"). The Company is currently conducting a tender offer for the
2018 notes, which offer  is scheduled to expire  at 12:00 midnight, New  York 
City time, on May 21, 2013, unless extended by the Company.

The 2023 notes are being sold in a private offering to qualified institutional
buyers in reliance on Rule 144A under  the Securities Act of 1933, as  amended 
(the "Securities Act"), and  to non-U.S. persons in  reliance on Regulation  S 
under the  Securities Act.  The  notes have  not  been registered  under  the 
Securities Act or any state securities  laws. Therefore, the notes may not  be 
offered or sold  in the  United States  absent registration  or an  applicable 
exemption from such registration requirements.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any security  and shall not constitute an offer,  solicitation 
or sale  of  any  securities  in any  jurisdiction  in  which  such  offering, 
solicitation or sale would be unlawful. This press release is issued  pursuant 
to and in accordance with Rule 135c under the Securities Act.

Cautionary Statements Regarding Forward-Looking Information
Statements in  this  press release  that  are not  historical  information  of 
Resolute Forest  Products Inc.  are  "forward-looking statements"  within  the 
meaning of the Private Securities Litigation Reform Act of 1995. They include,
but not limited to, those related to  the offering of the senior notes or  the 
subsequent repurchase of the Senior Secured Notes. Forward-looking  statements 
may be identified by the use of forward-looking terminology such as the  words 
"should," "would," "could," "will," "may," "expect," "believe,"  "anticipate," 
"attempt," "project" and other terms with similar meaning indicating  possible 
future events or potential impact on our business or Resolute's shareholders.

The reader is cautioned not to  place undue reliance on these  forward-looking 
statements, which are not guarantees  of future performance. These  statements 
are based on management's current  assumptions, beliefs and expectations,  all 
of which involve a number of business risks and uncertainties that could cause
the actual  results of  the offering  of the  senior notes  or the  subsequent 
repurchase of  the  Senior  Secured  Notes to  differ  materially  from  those 
expressed or  implied  by  the forward-looking  statements.  These  risks  and 
uncertainties include,  but  are not  limited  to, the  possibility  that  the 
offering will not be consummated, and the failure to satisfy any conditions to
the offering. Other potential risks and uncertainties are set forth under  the 
heading "Risk Factors" in  Exhibit 99.4 to Resolute's  Current Report on  Form 
8-K filed with the United States  Securities and Exchange Commission on  April 
24, 2013.

All forward-looking statements above are expressly qualified by the cautionary
statements contained above and  in Resolute's other filings  with the SEC  and 
the  Canadian  securities  regulatory  authorities.  Resolute  disclaims   any 
obligation to  publicly  update  or revise  any  forward-looking  information, 
whether as a result of new information, future events or otherwise, except  as 
required by law.

About Resolute Forest Products
Resolute Forest Products is  a global leader in  the forest products  industry 
with a diverse  range of  products, including  newsprint, commercial  printing 
papers, market pulp and  wood products. The Company  owns or operates over  40 
pulp and paper mills and wood products facilities in the United States, Canada
and South Korea, and power generation assets in Canada. Marketing its products
in close  to 90  countries, Resolute  has third-party  certified 100%  of  its 
managed  woodlands  to  at  least  one  of  three   internationally-recognized 
sustainable forest management standards, including 65% certified to the Forest
Stewardship  Council^®  (FSC^®)  standards.  The  shares  of  Resolute  Forest 
Products trade under the stock symbol RFP on both the New York Stock  Exchange 
and the Toronto Stock Exchange.

Resolute and  other member  companies of  the Forest  Products Association  of 
Canada, as well as  a number of environmental  organizations, are partners  in 
the Canadian Boreal Forest Agreement. The group works to identify solutions to
conservation issues that meet the goal of balancing equally the three  pillars 
of sustainability  linked  to  human  activities:  environmental,  social  and 
economic. Resolute  is also  a member  of the  World Wildlife  Fund's  Climate 
Savers program, in which businesses establish ambitious targets to voluntarily
reduce greenhouse gas emissions and work aggressively toward achieving them.

SOURCE Resolute Forest Products Inc.


Rémi G. Lalonde
Vice President, Investor Relations
514 394-2345

Media and Others
Seth Kursman
Vice President, Corporate Communications, Sustainability and Government
514 394-2398
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