International Forest Products Completes Share Offering

On September 11, 2003, B.C.-based International Forest Products Limited completed
an additional offering of $75.465 million class A subordinate voting shares. The underwriting syndicate was led by National Bank Financial Inc., and included BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., TD Securities Inc. and Raymond James Ltd.

The issuer was represented by Ian Webb, Warren Learmonth and Eric Doherty of Borden Ladner Gervais LLP. The underwriting syndicate was represented by Harj Sangra, Stewart Muglich and Tom Theodorakis of Sangra, Moller.


Warren B. Learmonth Harjit Sangra G. Eric Doherty Tom V. Theodorakis Ian A. Webb Stewart L. Muglich