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Fortress Announces Voting Results for the Election of Directors

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/17/14 -- Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX:FTP) announces that the following five directors were elected at the annual general and special meeting of shareholders of the Company held on June 13, 2014 (the "Meeting"):

NOMINEE                      VOTES FOR          VOTES WITHHELD    
Chadwick Wasilenkoff          93.58%                 6.42%        
Richard O'C. Whittall         92.45%                 7.55%        
Joe Nemeth                    92.95%                 7.05%        
Anil Wirasekara               92.95%                 7.05%        
Terrence P. Kavanagh          93.11%                 6.89%        

In addition, at the Meeting shareholders approved: (i) the appointment of PricewaterhouseCoopers LLP, Chartered Accountants as auditors of the Corporation for the ensuing year; and (ii) the adoption of an advance notice policy.

A total of 10,263,850 common shares of the Company were voted at the Meeting, representing 70.37% of the votes attached to all outstanding common shares. A formal report of voting results with respect to all matters voted upon at the Meeting is available on SEDAR at www.sedar.com.

About Fortress Paper

Fortress Paper operates internationally in two distinct business segments: dissolving pulp and security paper products. The Company operates its dissolving pulp business at the Fortress Specialty Cellulose Mill located in Canada, which has expanded into the renewable energy generation sector with the construction of a cogeneration facility and the production of NBHK pulp. The Company is also evaluating expanding its dissolving pulp capacity by converting the Fortress Global Cellulose Mill located at Lebel-sur-Quevillon, Quebec into a dissolving pulp mill and re-starting the cogeneration facility. The Company operates its security paper products business at the Landqart Mill located in Switzerland, where it produces banknote, passport, visa and other brand protection and security papers, and at its high security production and research facility located in Canada, where it manufactures optically variable thin film material.

Chadwick Wasilenkoff
Fortress Paper Ltd.
[email protected]

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