SLIDE 1
PAPEWPULP
ANALYSIS Of SALES AM PROFITS 19W/1993
1988 1993 (Z)
SALES PROFITS SALES PITS SALES PROFITS
APPLETON 466 so 683 137 8.0 11.4
WIGGINS TEM
CarbouUs s 368 58 632 120 11.4 15.7
Fine Paper 122 is 216 34 12.1 13.6
Herchants 463 12 691 32 9.2 21.7
Pulp 115 27 172 32 8.4 3.4
Others 137 _L2) (183) 4) W/A NIA
TOTAL WIGGINS TEAPE 1205 113 1528 H/A 13.6
ARACRUZ 22 12 32 13 7.8 1.6
PIRARY 20 a 38 15 13.7 13.4
BATCO 13 1 N/A N/A NIA X/A
TOTAL GROUP 1726 214 X/A 379 NA 12.1
NJ
BAT Industries document for Province of British Columbia 22 April 1999