Company TimberWest Forest

TimberWest Forest Corp. (TimberWest) is a Canada-based company, which is carried on through a corporate partnership called TimberWest Forest Company (the Partnership). TimberWest operates entirely in the coastal region of British Columbia, where it is engaged primarily in the harvesting and sale of logs and the development and sale of real estate properties. The Company operates in two segments: Timberlands and Real Estate. As of December 31, 2010, the Company owned in fee simple approximately 319,000 hectares/787,000 acres of private land. TimberWest also holds renewable Crown timber tenures to approximately 0.7 million milligram per cubic meter of logs per year from Crown lands. During the fiscal year ended December 31, 2010, the sale of logs accounted for approximately 81% of the Company's revenue. On February 1, 2010, TimberWest and Pacific Forest Products Limited (Pacific) were amalgamated.