Timberwest Forest Corp. announces David Emerson appointed to its Board of Directors

January 20, 2009

VANCOUVER, Jan. 20 /PRNewswire-FirstCall/ – TimberWest Forest Corp. is very pleased to announce the appointment of The Honourable David Emerson to its Board of Directors. Mr. Emerson is one of British Columbia’s business leaders, with extensive senior experience in the public and private sector. He was also an elected Member of Parliament and served in the Canadian Federal Cabinet. Mr. Emerson’s appointment is on behalf of the BC Investment Management Corporation (bcIMC) and is consistent with the terms of the investment agreement entered into with TimberWest in December 2008.

“We are honoured to have Mr. Emerson join our Board,” said Ed Daughney, Chairman of the Board of TimberWest. “His significant leadership experience, business background – including in the B.C. forest industry – and public policy involvement will serve us well as we continue to move our company forward.”

Since leaving the federal government in 2008, Mr. Emerson has taken on senior roles in some of B.C.’s leading companies and organizations. They include Executive Chair (as well as CEO) of the B.C. Transmission Corporation, Senior Advisor for the law firm of Farris, Vaughn, Wills and Murphy LLP, Chair of the Premier’s Economic Advisory Council and membership on the board of Finning International.

These recent appointments build on Mr. Emerson’s previous executive leadership and business roles. They include the positions of President and Chief Executive Officer (CEO) of Canfor Corporation; Chairman and CEO of Canadian Western Bank and President and CEO of the Vancouver International Airport Authority.

He also has significant experience serving on many corporate boards, including Telus, Terasen Gas, B.C. Ferries, the Canada West Foundation, the Forest Products Association of Canada and the Canadian Council of Chief Executives.

In the government sector, Mr. Emerson has held a number of senior positions. At the federal level, they include Minister of Foreign Affairs, Minister of Industry, Minister of International Trade and Minister for Pacific Gateway and Vancouver – Whistler Olympics. He was also a leader in the B.C. government’s civil service through his roles as Deputy Minister of Finance, Deputy Minister to the Premier and President of the British Columbia Trade Development Corporation.

Mr. Emerson attended the University of Alberta, where he obtained his bachelor’s and master’s degrees in economics. He then earned a doctorate degree in economics from Queen’s University.

About TimberWest

TimberWest Forest Corp. is uniquely positioned as Western Canada’s largest private land management company. The Company owns in fee simple approximately 322,000 hectares or 796,000 acres of private land and generates distributable cash for unitholders from the sale of timber products and real estate.

Stapled Units of TimberWest Forest Corp. are traded on the Toronto Stock Exchange under the symbol: TWF.UN

Visit us at our web site: www.timberwest.com

SOURCE TimberWest Forest Corp.

Source: newswire

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