News Release

Gould Paper Corporation* (Headquartered in New York, USA), a consolidated subsidiary of Japan Pulp and Paper Company Limited (Hereinafter, JP), recently established a new sales company, Talico do Brasil Comércio, Importação e Distribuição de Papéis Ltda (Hereinafter, Talico do Brasil) in the Brazilian city of Sao Paulo.

JP’s involvement in the Brazilian market includes the importation of goods originating in Japan and trilateral trade, while Gould Paper Corporation’s subsidiary, Price & Pierce, has continued to expand its activities in both overseas trade with Brazil and trading within the domestic Brazilian market. On this occasion, with the establishment of Talico do Brasil, the JP Group aims to strengthen its sales network in Brazil and further enhance its efforts to meet the vast demands of the ever-growing Brazilian economy, particularly in areas including printing papers for books and advertising materials and specialty papers.

*Established in 1924, Gould Paper Corporation is a large-scale paper merchant with an extensive portfolio of customers and suppliers throughout America and Europe and a vast sales network with offices spreading across America and around the world in areas that include England, France, Finland and New Zealand. In April 2010, Gould Paper Corporation became a subsidiary of JP through the acquisition of 51% of its stock by another of JP’s consolidated subsidiaries, Japan Pulp & Paper (U.S.A) Corp. The addition of Gould Paper Corporation has enabled the JP Group to further enhance the structure of its global supply and sales network.