Toronto, Ontario, Canada, 24 November 2008 -- (MARKET WIRE) -- Fraser Papers Inc. (Toronto:FPS.TO - News) plans to take up to 14,000 metric tons of market-related downtime at its hardwood kraft pulp mill in Thurso, Quebec. The shutdown will allow Fraser Papers to balance its pulp inventory with current customer requirements. Fraser Papers plans to close the mill 15 December 2008, and restart 06 January 2009, subject to orders.

Fraser Papers is an integrated specialty paper company that produces a broad range of specialty packaging and printing papers. The company has operations in New Brunswick and Quebec in Canada, and in Maine and New Hampshire in the United States. Fraser Papers is listed on the Toronto Stock Exchange under the symbol: FPS. For more information, visit the Fraser Papers Web site at www.fraserpapers.com.