KINGSEY FALLS, QC, June 18, 2013 /PRNewswire/ – Cascades Inc. (TSX:
CAS), a leader in the recovery and manufacturing of green packaging and
tissue paper products, announces that it now owns 217,474,385 common
shares of Reno De Medici S.p.A. (“Reno”) or 57.6% of the outstanding
common shares.

“With the purchase of these shares, we concluded the put and call option
agreement entered into with Industria e Innovazione S.p.A. in 2010.
Reno is a leader in the recycled boxboard market in Italy, ranked
second in Europe. We are pleased with the progress we made together
since the merger of our European recycled boxboard operations in
2008.”, stated Mr. Mario Plourde, President and Chief Executive Officer
of Cascades.

For further details concerning Cascades’ European platform, please visit
www.cascades.com or www.renodemedici.it.

Founded in 1964, Cascades produces, converts and markets packaging and
tissue products that are composed mainly of recycled fibres. The
Corporation employs more than 12,000 employees, who work in more than
100 units located in North America and Europe. With its management
philosophy, half a century of experience in recycling, and continuous
efforts in research and development as driving forces, Cascades
continues to serve its clients with innovative products. Cascades’
shares trade on the Toronto Stock Exchange, under the ticker symbol
CAS.

Certain statements in this release, including statements regarding
future results and performance, are forward-looking statements (as such
term is defined under the Private Securities Litigation Reform Act of
1995) based on current expectations. The accuracy of such statements is
subject to a number of risks, uncertainties and assumptions that may
cause actual results to differ materially from those projected,
including, but not limited to, the effect of general economic
conditions, decreases in demand for the Corporation’s products,
increases in raw material costs, fluctuations in selling prices and
adverse changes in general market and industry conditions and other
factors listed in the Corporation’s Securities and Exchange Commission
filings.

SOURCE CASCADES INC.