Mr. Jimmy Lee reports

MERCER INTERNATIONAL INC. ANNOUNCES EARLY TENDER RESULTS AND RECEIPT OF CONSENTS FROM A MAJORITY OF HOLDERS OF ITS 9.500% SENIOR NOTES DUE 2017

As part of its previously announced cash tender offer and consent solicitation for any and all of its outstanding 9.5-per-cent senior notes due 2017, Mercer International Inc. has received tenders and consents for approximately $299,437,000 total principal amount of the notes, representing approximately 89.6 per cent in principal amount of the outstanding notes, which were validly tendered by 5 p.m., New York time, on Nov. 25, 2014. The company expects, subject to the satisfaction of the conditions set forth in the offer to purchase and consent solicitation dated Nov. 12, 2014, pursuant to which the tender offer and consent solicitation was made, to accept for purchase and settle all notes validly tendered prior to the consent time on or about Nov. 26, 2014.

The consents are sufficient to give effect to all of the proposed amendments to the indenture governing the notes as set forth in the offer to purchase and the related letter of transmittal, pursuant to which the tender offer and consent solicitation are being made. The proposed amendments eliminate substantially all of the restrictive covenants, certain events of default and related provisions in the indenture. The company has executed a supplemental indenture containing the proposed amendments to the indenture. The supplemental indenture is binding on all holders of notes, even those whose notes are not purchased in the tender offer and consent solicitation. The supplemental indenture provides that the proposed amendments will become operative upon payment of the consent fee described in the offer to purchase to each holder delivering (and not revoking) a valid consent on or prior to the consent time.

Holders who have not yet tendered their notes may tender until 11:59 p.m., New York time, on Dec. 10, 2014, unless the tender offer and consent solicitation is extended or earlier terminated by the company. The withdrawal deadline for the tender offer and consent solicitation has passed, and any notes tendered may only be withdrawn to the extent required by applicable law. The completion of the tender offer and consent solicitation is subject to the satisfaction or waiver by the company of a number of conditions, as described in the offer to purchase, including the consummation by the company of a new debt financing.

The company has retained Credit Suisse Securities (USA) LLC to serve as the dealer manager and solicitation agent for the tender offer and consent solicitation. Questions regarding the tender offer and consent solicitation may be directed to Credit Suisse Securities (USA) LLC, attention -- liability management group, at 212-538-2147 or 800-820-1653 (toll-free). Requests for documents may be directed to D.F. King & Co., Inc., the information agent and tender agent for the tender offer and consent solicitation, at 877-361-7968 (toll-free) or 212-269-5550. The tender offer and consent solicitation are being made only through the offer to purchase and the related letter of transmittal. Holders of notes are urged to read the offer to purchase carefully before making any decisions with respect to the tender offer and consent solicitation because it contains important information, including the terms and conditions of the tender offer and consent solicitation. None of the company, the dealer manager and solicitation agent, or the information agent and tender agent makes any recommendation as to whether or not notes should be tendered pursuant to the tender offer and consent solicitation, and no one has been authorized by any of them to make such a recommendation.

We seek Safe Harbor.