Mercer International Inc. Announces Exercise of Underwriters' Over-Allotment Option

Mercer International Inc. Announces Exercise of Underwriters'
Over-Allotment Option 


NEW YORK, Feb. 22  /PRNewswire-FirstCall/ -- Mercer International Inc.
("Mercer" or the "Company") (NASDAQ:MERCSNASDAQ:TSX:NASDAQ:MRI.U) announces
that, in conjunction with its previously announced sale of 9,416,196 Mercer
shares on February 14, 2005, the underwriters have exercised their
over-allotment option and purchased an additional 1,352,504 shares of Mercer at
a price of $8.50 per share.  After commissions and discounts, such sale
resulted in proceeds to the Company of approximately $10.9 million.

Mercer

Mercer is a pulp and paper manufacturing company.  Mercer operates three modern
NBSK pulp mills in Germany and Canada with a consolidated annual production
capacity of approximately 1.3 million tonnes. 

DATASOURCE: Mercer International Inc.



CONTACT:  Jimmy S.H. Lee, Chairman & President, [phone], or David

M. Gandossi, Executive Vice-President & Chief Financial Officer,

[phone], both of Mercer International Inc.; or Investors - Eric

Boyriven, or Media - Scot Hoffman, both of Financial Dynamics,

[phone], for Mercer International Inc.

/First Call Analyst: 



Web site:  http://www.mercerinternational.com/ 

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