/C O R R E C T I O N -- Mercer International Inc./

In the news release, Mercer International Inc. (NASDAQ:MERC) Reports 2005 Fourth Quarter and Year End Results, issued earlier today by Mercer International Inc. over PR Newswire, the table "BUSINESS SEGMENT INFORMATION - For the Years Ended December 31, 2005 and 2004" was misaligned due to a formatting error on the part of PR Newswire.

  Complete, corrected table follows:

                        MERCER INTERNATIONAL INC.

                       BUSINESS SEGMENT INFORMATION
              For the Years Ended December 31, 2005 and 2004
                           (Euros in thousands)

                        Rosenthal    Celgar(1)    Stendal         Total
                          Pulp         Pulp         Pulp           Pulp
  Year Ended
   December 31, 2005
  Sales to external
   customers       euro  137,193 euro 139,213 euro 176,031   euro 452,437
  Intersegment
   net sales                   -            -        6,308          6,308
                         137,193      139,213      182,339        458,745
  Operating costs        100,180      131,521      151,620        383,321
  Operating
   depreciation
   and amortization       13,109       10,535       27,262         50,906
  General and
   administrative          6,837        5,935        5,176         17,948
  (Sale) purchase
   of emission
   allowances             (7,271)           -      (10,021)       (17,292)
                         112,855      147,991      174,037        434,883
  Income (loss)
   from operations        24,338       (8,778)       8,302         23,862
  Interest expense
  Investment income
  Derivative financial
   instruments, net
  Foreign exchange
   loss on debt
  Impairment of
   investments
  (Loss) income
    before income
    taxes and
    minority
    interest

  Segment assets   euro  344,473 euro 260,461 euro 746,346 euro 1,351,280

  Year Ended
   December 31,
   2004
  Sales to
   external
   customers       euro  140,203   euro     - euro  42,273 euro   182,476
  Intersegment
   net sales               1,949            -          885          2,834
                         142,152            -       43,158        185,310
  Operating costs         98,113            -       46,185        144,298
  Operating
   depreciation and
   amortization           17,751            -        9,022         26,773
  General and
   administrative         10,733            -        8,560         19,293
  Impairment of assets         -            -            -              -
  Flooding grants,
   less losses and
   expenses                    -            -            -              -
                         126,597            -       63,767        190,364
  Income (loss)
   from operations        15,555            -      (20,609)        (5,054)
  Interest expense
  Derivative financial
   instruments, net
  Investment and other
   income
  Loss before income
   taxes and minority
   interest
  Segment assets   euro  394,569   euro     - euro 810,267 euro 1,204,836


                                                 Corporate,
                                                Other and     Consolidated
                                   Paper       Eliminations       Total


  Year Ended
   December 31, 2005
  Sales to external
   customers                  euro 61,471    euro       -   euro  513,908
  Intersegment net sales                -          (6,308)              -
                                   61,471          (6,308)        513,908
  Operating costs                  56,976          (7,913)        432,384
  Operating depreciation
   and amortization                   881             254          52,041
  General and administrative        5,920           6,563          30,431
  (Sale) purchase of emission
    allowances                          -               -         (17,292)
                                   63,777          (1,096)        497,564
  Income (loss) from operations    (2,306)         (5,212)         16,344
  Interest expense                                                (86,860)
  Investment income                                                 2,467
  Derivative financial
   instruments, net                                               (71,763)
  Foreign exchange loss on debt                                    (4,156)
  Impairment of investments                                        (1,699)
  (Loss) income before income
    taxes and minority
    interest                                               euro  (145,667)

  Segment assets              euro 21,892   euro   20,644  euro 1,393,816

  Year Ended
   December 31, 2004
  Sales to external
   customers                  euro 54,970   euro     (234) euro   237,212
  Intersegment net sales                -          (2,834)              -
                                   54,970          (3,068)        237,212
  Operating costs                  51,184          (3,031)        192,451
  Operating depreciation
   and amortization                 2,356              15          29,144
  General and administrative        4,532           3,095          26,920
  Impairment of assets              6,000               -           6,000
  Flooding grants, less
   losses and expenses                669               -             669
                                   64,741              79         255,184
  Income (loss) from operations    (9,771)         (3,147)        (17,972)
  Interest expense                                                (23,749)
  Derivative financial
   instruments, net                                                12,136
  Investment and other income                                       2,948
  Loss before income taxes
   and minority interest                                   euro   (26,637)
  Segment assets              euro 22,735   euro   28,078  euro 1,255,649


  (1) The results of the Celgar pulp mill are from the date of its
      acquisition on February 14, 2005.

                                   (5)


DATASOURCE: Mercer International Inc.

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