ABITIBIBOWATER TO HOST A MANAGEMENT CALL TO DISCUSS FIRST QUARTER RESULTS ON MAY 17, 2011

MONTREAL, May 12 /PRNewswire-FirstCall/ - AbitibiBowater Inc. (NYSE: ABH) (TSX: ABH) will host a conference call to discuss the first quarter financial results on May 17, 2011, at 9:00 a.m. Eastern.

A live webcast of the conference call will be available on the Company's website.  Interested parties are invited to use the link provided under "Presentations and Webcasts" on the Investors page of www.abitibibowater.com. Listeners should allow ample time to access the webcast. A replay of the webcast will also be archived on the Company's website.

About AbitibiBowater

AbitibiBowater is a global leader in the forest products industry, producing a diverse range of products, including newsprint, commercial printing papers, market pulp and wood products. The Company owns or operates 18 pulp and paper mills and 24 wood products facilities located in the United States, Canada and South Korea. Marketing its products in more than 70 countries, AbitibiBowater is also among the largest recyclers of old newspapers and magazines in North America, and has third-party certified 100% of its managed woodlands to sustainable forest management standards. AbitibiBowater's shares trade under the symbol "ABH" on both the New York Stock Exchange and the Toronto Stock Exchange.

Cautionary Statements Regarding Forward-Looking Information

Statements made during the conference call and question-and-answer session that are not reported financial results or other historical information of AbitibiBowater Inc. are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. They include, for example, statements relating to our: efforts to continue to reduce costs and increase revenues and profitability, including our cost-reduction initiatives regarding selling, general and administrative expenses; second quarter and full year business and operating outlook; assessment of market conditions; prospects, growth strategies and the industry in which we operate; and strategies for achieving our goals generally. Forward-looking statements may be identified by the use of forward-looking terminology such as the words "should," "would," "could," "will," "may," "expect," "believe," "anticipate," "attempt," "project" and other terms with similar meaning indicating possible future events or potential impact on our business or AbitibiBowater's shareholders.

The reader is cautioned not to place undue reliance on these forward-looking statements, which are not guarantees of future performance. These statements are based on management's current assumptions, beliefs and expectations, all of which involve a number of business risks and uncertainties that could cause actual results to differ materially. The potential risks and uncertainties that could cause our actual future financial condition, results of operations and performance to differ materially from those expressed or implied during the presentation include those set forth under the heading "Risk Factors" in Part I, Item 1A in our annual report on Form 10-K for the year ended December 31, 2010, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities on April 5, 2011.

All forward-looking statements made during the presentation are expressly qualified by such cautionary statements. We disclaim any obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE ABITIBIBOWATER INC. - ENGLISH

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