NewPage Enters Chapter 11 Restructuring Process

MIAMISBURG,OH—Sept. 7, 2011—NewPage Corp. announced that, to facilitate an orderly debt restructuring and position the overall business for long-term success, its corporate parent, NewPage Group and certain of its U.S. subsidiaries have commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”). The cases are pending in the U.S. Bankruptcy Court for the District of Delaware. The company’s Consolidated Water Power Company subsidiary is not part of the filing.