Cascades to be reclassified to a new subindustry

    KINGSEY FALLS, QC, Nov. 20 /CNW Telbec/ - Cascades Inc. (TSX: CAS)
announces that it will be reclassified by S&P/TSX and Morgan Stanley Capital
International ("MSCI") to the Paper Packaging subindustry after the close of
market on November 30, 2007. More specifically, Cascades will be reclassified
from the Paper & Forest Products industry to the Containers & Packaging
industry but will remain in the Materials Sector.
    Commenting on the reclassification, Mr. Alain Lemaire, President and
Chief Executive Officer stated:" As a result of the divestiture of our paper
distribution activities, the closure of our coated fine paper operations and
the acquisition of Norampac and other packaging assets, Cascades' profile has
changed dramatically over the last two years. This reclassification better
recognizes the fact Cascades is not a forest company but rather a manufacturer
and converter of tissue and packaging products made with recycled fibres. This
should assist the financial community in properly assessing the relative
valuation of Cascades."

    Founded in 1964, Cascades produces, transforms and markets packaging and
tissue products composed mainly of recycled fibres. Cascades employs close to
14 000 employees who work in more than 100 modern and flexible production
units located in North America and Europe. Cascades' management philosophy,
its more than 40 years of experience in recycling, its continued efforts in
research and development are strengths which enable the company to create new
products for its customers. The Cascades shares trade on the Toronto stock
exchange under the ticker symbol CAS.

For further information:

For further information: Mr. Marc Jasmin, Director, Investor Relations,
Cascades, (514) 282-2681,

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