West Fraser Announces
Mountain Pine Beetle Plan

Timber Rights Exchange – Mill Closure – Capital Investment

Vancouver, B.C. – West Fraser today announced a comprehensive Mountain Pine Beetle Plan (the “MPB Plan”) to address the effects of the mountain pine beetle infestation in the interior of British Columbia (“B.C.”).  The infestation has killed vast portions of the interior pine forest, resulting in a continuing deterioration and loss of merchantable timber available to wood products producers in the interior of B.C.  The goal of the Company’s MPB Plan is to ensure the viability and competitiveness of its B.C. operations in response to the lack of available timber supply following the beetle infestation.