Securities Law & Instruments


Mutual Reliance Review System for Exemptive Relief Applications -- Issuer deemed to cease to be a reporting issuer.

Applicable Ontario Statutory Provisions

Securities Act, R.S.O. 1990, c. S.5, as am., s. 83.

May 2, 2005

Goodmans LLP
250 Yonge Street
Suite 2400
Toronto, Ontario M5B 2M6
Robert Vaux

Dear Sirs:

Scott Paper Limited (the "Applicant")
Application to Cease to be a Reporting Issuer Under the Securities Legislation of the Provinces of Ontario, Alberta, Saskatchewan, Manitoba, Québec, Nova Scotia and Newfoundland and Labrador (the "Jurisdictions")

The Applicant has applied to the local securities regulatory authority or regulator (the "Decision Maker") in each of the Jurisdictions for a decision under the securities legislation (the "Legislation") to be deemed to have ceased to be a reporting issuer in the Jurisdictions.

As the Applicant has represented to the Decision Makers that,

1. the outstanding securities of the Applicant, including debt securities, are beneficially owned, directly or indirectly, by less than 15 security holders in each of the jurisdictions in Canada and less than 51 security holders in total in Canada;

2. no securities of the Applicant are traded on a marketplace as defined in National Instrument 21-101 - Marketplace Operation;

3. the Applicant is applying for relief to cease to be a reporting issuer in all of the jurisdictions in Canada in which it is currently a reporting issuer; and

4. the Applicant is not in default of any of its obligations under the Legislation as a reporting issuer,

each of the Decision Makers is satisfied that the test contained in the Legislation that provides the Decision Maker with the jurisdiction to make the Decision has been met and orders that the Applicant is deemed to have ceased to be a reporting issuer.

"Kelly Gorman"
Assistant Manager, Corporate Finance
Ontario Securities Commission