SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO, ONTARIO A6 M5J 2N7

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AbitibiBowater Inc. [ ABH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/12/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.001 par value (?Common Shares?) 01/12/2011 P 3,774,059 A $22.87 16,957,649 I See footnote (1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO, ONTARIO A6 M5J 2N7

(City) (State) (Zip)
1. Name and Address of Reporting Person*
MARKEL INSURANCE CO OF CANADA

(Last) (First) (Middle)
55 UNIVERSITY AVENUE
SUITE 1500

(Street)
TORONTO, ONTARIO A6 M5J 2H7

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Lombard Insurance CO

(Last) (First) (Middle)
105 ADELAIDE STREET WEST
3RD FLOOR

(Street)
TORONTO, ONTARIO A6 M5H 1P9

(City) (State) (Zip)
Explanation of Responses:
1. The Common Shares are held by Fairfax Financial Holdings Limited and certain of its subsidiaries, including, following the transaction reported herein, 5,353,083 Common Shares held by Fairfax Financial Holdings Limited, 5,111,796 Common Shares held by Odyssey America Reinsurance Corporation, 1,615,588 Common Shares held by The North River Insurance Company and certain of its subsidiaries, 325,000 Common Shares held by Clearwater Insurance Company, 1,659,407 Common Shares held by TIG Insurance Company and certain of its subsidiaries, 665,682 Common Shares held by Markel Insurance Company of Canada, 284,373 Common Shares held by Lombard Insurance Company, and 750,410 Common Shares held by Zenith Insurance Company. Settlement of the transaction reported herein is expected to occur on or about January 18, 2011.
/s/ V. Prem Watsa, Chairman and Chief Executive Officer 01/14/2011
/s/ Craig Pinnock, Director 01/14/2011
/s/ Craig Pinnock, Director 01/14/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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