Company Profile For International Forest Products Limited

International Forest Products Limited (Interfor) is a Canada-based company engaged in the manufacturing of wood products. The products manufactured by the Company include Western Red Cedar, Douglas Fir, Western Hemlock, Ponderosa Pine and Lodgepole Pine. During the year ended December 31, 2008, the Company closed its Albion remanufacturing operation located in Maple Ridge, B.C. On April 30, 2008, the Company completed the acquisition of Castlegar, B.C. and Grand Forks, B.C. sawmills from Pope and Talbot, Inc. (P&T). In September 2008, the Company acquired Portac, Inc.'s operations on the Olympic Peninsula in Washington State. In August 2009, the Company completed the previously announced sale of Queensboro property to Port Metro Vacouver.

BRIEF: For the nine months ended 30 September 2009, International Forest Products Limited's revenues decreased 23% to C$264.3M. Net loss decreased 49% to C$18.9M. Revenues reflect a decrease in sales of lumber shipments & logs products. Lower loss reflects a decrease in production expenses, lower selling & administration cost, an increase in other foreign exchange gain, higher other income and a decrease in export taxes.