Bowater Inc.

Bowater Incorporated (NYSE: BOW) Chairman, President and Chief Executive
Officer, Arnold M. Nemirow, will speak at the Smith Barney Citigroup 8th Annual
Global Paper, Forest Products and Packaging Conference on Thursday, December 4,
2003 at 8:15 a.m. EST.

Interested parties can access a live audio webcast of the presentation at the
web site listed below. A replay of the presentation will be available from 
10:00 a.m. EST on Thursday, December 4 through Wednesday, December 31.

To access the audio webcast: http://www.veracast.com/ssb/2003/paper/75102197.cfm

Bowater Incorporated, headquartered in Greenville, SC, is a leading producer of
newsprint and coated groundwood papers. In addition, the company makes uncoated
groundwood papers, bleached kraft pulp and lumber products. The company has 12
pulp and paper mills in the United States, Canada and South Korea and 13 North
American sawmills that produce softwood lumber. Bowater also operates two
facilities that convert a groundwood 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 32 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 (TSE:BWX).