KP Tissue Inc. Reports on Shareholders' Voting Results for the Election of Directors

CNW Group

/NOT FOR DISTRIBUTION IN THE U.S.A. OR OVER U.S. WIRE SERVICES/

TORONTO , June 26, 2013 /CNW Telbec/ - KP Tissue Inc. ("KPT") (KPT.TO) held its Annual and Special Meeting of shareholders earlier today. All candidates proposed as directors were duly elected to the Board of Directors of KPT by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, as follows:

         
Name   For   Withheld
    Number   %   Number   %
Huw Thomas   3,987,889   88.577%   514,290   11.423%
Michel Letellier   3,987,989   88.579%   514,190   11.421%
Susan J. McArthur   4,434,779   98.503%   67,400   1.497%
David Spraley   4,434,179   98.490%   68,000   1.510%


Shareholders present or represented by proxy at the Meeting also approved the appointment of PricewaterhouseCoopers LLP as auditors of KPT (98.503% of votes in favour) and approved a special resolution to reduce the stated capital maintained in respect of the common shares of KPT to $8,750,000 (97.884% of votes in favour).

About KP Tissue Inc.
KP Tissue Inc. (KPT) was created to acquire, and its business is limited to holding, a limited partnership interest in KPLP. For more information visit www.kptissueinc.com.

About Kruger Products L.P.
Kruger Products L.P. is Canada's leading manufacturer of quality tissue products for household, industrial and commercial use. Kruger Products L.P. serves the Canadian consumer market with such well-known brands as Cashmere®, Purex®, SpongeTowels®, Scotties®' and White Swan®. In the U.S., Kruger Products L.P. manufactures the White Cloud® brand, as well as many private label products. Kruger Products L.P. has approximately 2,300 employees across North America and operates five FSC® CoC- certified mills (FSC® C104904), four of which are located in Canada and one in the US.  For more information visit www.krugerproducts.ca.

SOURCE: KP Tissue Inc.

Contact:

INFORMATION:
Wendy Kelley
General Counsel and Corporate Secretary
KP Tissue Inc.
Tel.: 905.812.6936
wendy.kelley@krugerproducts.ca

INVESTORS: 
Mike Baldesarra
Director of Investor Relations
KP Tissue Inc.
Tel.: 905.812.6962
IR@KPTissueinc.com

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