DOMTAR (UFS: $41.13 rated Neutral with $51.50 down from $52.50 price target) 0.55% HIGHER DISCOUNT RATE REFLECTING UNCOATED FREE SHEET AND PERSONAL CARE MARKET RISKS; $40/TON COMMUNICATIONS PAPER PRICE CUT ESTIMATED FOR 2015. 12/10/2014

DOMTAR (UFS: $41.13 rated Neutral with $51.50 down from $52.50 price target)
0.55% HIGHER DISCOUNT RATE REFLECTING UNCOATED FREE SHEET AND
PERSONAL CARE MARKET RISKS; $40/TON COMMUNICATIONS PAPER PRICE
CUT ESTIMATED FOR 2015. 12/10/2014