Toronto, Ontario, Canada, 03 Decemer 2008 -- Marketwire -- Fraser Papers Inc. (TSX:FPS) will take up to 5100 tons of downtime on two paper machines at its East Papers operations, due to weak markets. The shutdown is expected to commence 24 December 2008, and will allow the company to balance inventory levels of specialty and commodity groundwood papers with customer demand. The two paper machines are expected to restart on 05 January 2009, subject to customer 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.