Annual Meeting
Bowater’s annual meeting of shareholders will be held on Wednesday, May 9, 2001, at 11:00 a.m. at The Gunter Theatre of the Peace Center for the Performing Arts, Greenville, South Carolina.

Stock Listings
Bowater Incorporated common stock is listed on the New York Stock Exchange (stock symbol BOW), U.S. regional exchanges and the London Stock Exchange. A special class of stock exchangeable into Bowater common stock is listed on the Toronto Stock Exchange (stock symbol BWX).

Investor Information
Investor inquiries about Bowater should be directed to the Investor Relations Department at Bowater’s headquarters.

10-K Report
Bowater files an annual report on Form 10-K with the Securities and Exchange Commission. A free copy (without exhibits) may be obtained by writing to the Investor Relations Department at Bowater’s headquarters.

Dividend Reinvestment and Stock Purchase Plan
Bowater has a Dividend Reinvestment and Stock Purchase Plan. Information is available from the Bank of New York.

Independent Auditors
KPMG LLP
55 Beattie Place
Suite 600
Greenville, SC 29601
864-250-2600

Common Stock Registrars and Transfer Agents (BOW):

The Bank of New York
Shareholder Relations Department – 11E
P.O. Box 11258
Church Street Station
New York, NY 10286
Toll Free: 888-269-8845

e-mail: Shareowner-svcs
@bankofny.com

Website:
http://stock.bankofny.com

CIBC Mellon Trust Company
Balfour House
390 High Road
Ilford, Essex, 1G1 1NQ
England
Tel: 081-478-1888
Fax: 081-553-0784

Exchangeable Share Stock Registrar and Transfer Agent (BWX):

Computershare Investor Services Inc.
1800 McGill College Avenue
7th Floor
Montréal, Québec H3A 3K9
Canada
Toll Free: 800-564-6253

Website:
http://www.computershare.com
(Note: Computershare purchased the stock transfer and corporate trust business of Montreal Trust as of June 1, 2000.)

Corporate Services,
Stock Transfer Services
Tel: 514-982-7178
Fax: 514-982-7580

Common Stock Prices
Price ranges Bowater’s common stock during 2000 and 1999 as reported on the New York Stock Exchange were:

2000

1999

High

Low

High

Low

First quarter

$

59.00

$

42.06

$

46.00

$

37.13

Second quarter

$

57.94

$

44.13

$

55.94

$

39.00

Third quarter

$

54.06

$

44.94

$

59.94

$

47.88

Fourth quarter

$

58.50

$

44.81

$

56.19

$

46.88


© 2001 Bowater Incorporated
Special note regarding forward-looking statements...