Bowater Announces Date for Release of Fourth Quarter and Full Year 2005 Financial Results

    Bowater Inc.

Bowater Incorporated (NYSE: BOW) will release fourth quarter and 2005
financial results before the market opens on Thursday, January 26, 2006. A
management conference call will be held to discuss these financial results at
9:00 a.m. Eastern time, January 26, 2006. The conference call number is
877-209-0397 or 612-332-1213 (international). A webcast of the call will be
available on Bowater's website at www.bowater.com. Interested parties may follow
the on-screen instructions for access to the call and related information. A
replay of the call will be available from 12:30 p.m. Eastern time on Thursday,
January 26, through Thursday, February 2, on the website or by dialing
800-475-6701 or 320-365-3844 (international) and using the access code 813541.

Bowater Incorporated, headquartered in Greenville, SC, is a leading producer of
newsprint, coated mechanical and specialty papers. In addition, the company
makes 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 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 and the
Pacific Exchange. A special class of stock exchangeable into Bowater common
stock is listed on the Toronto Stock Exchange (TSX: BWX).

    CONTACT: Bowater Incorporated
             Media Contact:
             Gordon R. Manuel, 864-282-9448
             or
             Analyst Contact:
             Duane A. Owens, 864-282-9488