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UPDATED ON: Wednesday, April 11, 2001

Cascades Inc.:

Laurent Verreault,
Board of Directors

From The Globe and Mail

Mr. Bernard Lemaire, Chairman of the Board of Directors of Cascades Inc. is pleased to announce the appointment of Laurent Verreault to the Board of Directors of the company.

Mr. Verreault is President and Chief Executive Officer of Société Groupe Laperrière & Verreault Inc., a company which specialises in the design and manufacture of equipment for the pulp and paper industry. Mr. Verreault was a member of the Board of Directors of Rolland Inc. a subsidiary of the Cascades Inc., until December 31, 2000, when the financial restructuring of the Company came into effect.

Cascades Inc. produces and converts one of the most complete ranges of packaging products in North America. Cascades is also a Canadian leader in the production of tissue papers and specialised fine papers. Internationally, the Cascades Group employs close to 12,000 people and operates more than 140 modern and versatile operating units located in Canada, the United States, Mexico, France, England, Germany and Sweden. The Group recycles more than two million tons of paper and board annually, supplying the majority of its fibre requirements. Leading-edge de-inking technology, sustained research and development, and more than 35 years of experience in recycling are all distinctive strengths that enable Cascades to manufacture innovative value-added products. Cascades’ common shares are traded on the Toronto Stock Exchange under the ticker symbol CAS.

 

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