Frequently Asked Questions - Investors

1. What percentage of the Company do management and employees own?

As at September 30, 2011, Cascades' management, its employees and Board members owned approximately 37% of outstanding shares.

2. How many shares outstanding does Cascades have?

As at September 30, 2011, there were 95,366,665 shares outstanding. In addition, there were 5,693,429 issued and outstanding stock options.

3. Have there been any stock splits in the past?

Yes, the stock split 2 for 1, July 5, 1984, 2 for 1, September 16,1985 and 2 for 1, May 13,1986.

4. What are Cascades' main business segments?

Our main business segments are Packaging, Tissue and Recovery.

5. On which exchange is Cascades listed?

Cascades is listed on the Toronto Stock Exchange (Canada), under the symbol CAS.

6. How may I change my mailing address or any other information in regards to information I receive?

You must determine if you have your certificate on hand or if you hold your shares through a stockbroker. If you have your certificate on hand, you may contact our transfer agent directly, at the following address: Computershare Investor Services Inc. 1500 Université - suite 700 Montréal, Québec Canada H3A 3S8 Telephone: 514 982-7555 Toll free (Canada): 1-800-564-6253 Fax: 514 982-7635 investor@cascades.com Please mention Cascades Inc.'s CUSIP number: 146 900 105. If you hold your shares through a stockbroker, you must contact him. If you are not sure, you may contact our investor relations department: By phone at 514 282-2697 by fax at 514 282-2624 by E-mail at investisseur@cascades.com. We will kindly assist you.

7. Who is and how do I reach Cascades' transfer agent?

Computershare Investor Services Inc. 1500 Université - suite 700 Montréal, Québec Canada H3A 3S8 Telephone : 514 982-7555 Toll free (Canada) : 1 800-564-6253 Fax : 514 982-7635 service@computershare.com Please mention Cascades Inc.'s CUSIP number: 146 900 105.

8. Does Cascades pay a dividend to its shareholders?

Cascades has a quarterly dividend policy. On November 10, 2011, Cascades declared a dividend of $0.04 per share to be paid December 14, 2011 to shareholders of record at the close of business on December 2, 2011. This dividend paid by Cascades is an "eligible dividend" as per the proposed changes to the Income Tax Act (Bill C-28, Canada).

9. How may I contact the Cascades' Investor-Relations Department?

By telephone at 514 282-2697, by fax at (514) 282-2624 or by E-mail at investor@cascades.com

10. When was Cascades first listed on the Exchange?

Cascades' initial public offering was on December 7th, 1982 and the common shares were listed on the Montréal Stock Exchange on January 28th, 1983. On October 16th, 1984, Cascades was listed on the Toronto Stock Exchange.

11. Are dividends paid by Cascades designated dividends?

All dividends paid by Cascades are designated for the purpose of the Taxation Act (Québec) and the Income Tax Act (Canada). For all dividends, our transfer agent, Computershare Investor Services Inc. will issue, at year end, the proper tax documents (T5 slip at the federal level) and (No 3 slip for Quebec residents) in accordance with this new legislation.