<B>G-P Nears Sale of Facilities</B>

Georgia-Pacific Corp. announced that it will sell its away-from-home tissue business, including about 368,000 tons of tissue manufacturing capacity, associated converting facilities and the sales and marketing functions that support this business.

The divestiture of Georgia-Pacific's commercial tissue business resolves an investigation by the U.S. Department of Justice under the Hart-Scott-Rodino Antitrust Improvements Act of Georgia-Pacific's previously announced merger agreement with Fort James. Georgia-Pacific said the settlement does not require divestiture of the consumer tissue businesses of either company or of Fort James' away-from-home tissue business.

The divestiture will be made pursuant to a proposed consent decree agreed to by Georgia-Pacific and Fort James and filed today in federal court in the District of Columbia. Georgia-Pacific said it expects the court to approve the decree prior to the expiration of the exchange offer on Wednesday.

G-P is currently in discussions with potential purchasers of this business, which includes certain away-from-home manufacturing assets that the company had previously announced it would sell in connection with the Fort James acquisition. Facility locations include: Alsip, Ill.; Bellemont and Flagstaff, Ariz., Brattleboro, Vt.; Greenwich, N.Y.; Gary, Ind.; LaGrange, Ga.; and Menasha and Neenah, Wis.