Bowater to Release Second Quarter 2005 Financial Results on July 28, 2005.

GREENVILLE, S.C. -- Bowater Incorporated (NYSE: BOW) will release second quarter 2005 financial results before the market opens on Thursday, July 28, 2005.

Bowater will hold a management conference call to discuss these financial results that morning at 9:00 a.m. EDT. The conference call number is 877-209-0397 or 612-332-1025 (international). The call will also be broadcast via the Internet. Interested parties may connect to the Bowater website at www.bowater.com, then follow the on-screen instructions for access to the call and related information. A replay of the call will be available from 1:30 p.m. EDT on Thursday, July 28, through Wednesday, August 31, on the website or by dialing 800-475-6701 or 320-365-3844 (international) and using the access code 788750.

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).