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Reno De Medici - Cascades

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SENSITIVITY TABLE<br />

SELLING PRICES (MANUFACTURING)<br />

Boxboard<br />

Containerboard<br />

Specialty Products (paper only)<br />

Tissue<br />

RAW MATERIAL COSTS<br />

Recycled papers<br />

Brown grades (OCC & others)<br />

Groundwood grades (ONP & others)<br />

White grades (SOP & others)<br />

Commercial pulp<br />

Natural gas<br />

FOREIGN EXCHANGE<br />

Change of US$ 0.01 vs CAN$<br />

CAPACITY / CONSUMPTION<br />

(„000 s.t. and „000 mmBtu<br />

for natural gas)<br />

1,393<br />

1,026<br />

475<br />

511<br />

1,895<br />

359<br />

908<br />

272<br />

13,303<br />

Sensitivity table adjusted for all recent initiatives (transactions, closure) with the exception of the Burnaby mill and Le Gardeur plant.<br />

CHANGE EBITDA IMPACT<br />

25 US$ or € / ton<br />

25 US$ / ton<br />

25 US$ / ton<br />

25 US$ / ton<br />

15 US$ or € / ton<br />

15 US$ or € / ton<br />

15 US$ or € / ton<br />

30 US$ or € / ton<br />

1.00 US$ or € / mmBtu<br />

(In million of CAN$)<br />

44<br />

26<br />

12<br />

13<br />

(32)<br />

(6)<br />

(14)<br />

(9)<br />

(15)<br />

(5)<br />

21

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