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PRESS RELEASE - IFP Hires Terry MacEachen

    01/16/2006

FOR IMMEDIATE RELEASE

International Forest Products Corp. (IFP) of Foxboro, Massachusetts is pleased to announce that Mr. Terry MacEachen has joined the company as Vice President - Pulp Sales, effective January 16, 2006.

Mr. MacEachen comes to IFP with almost twenty years of pulp sales experience. His most recent assignment was Manager of Asian and Latin American Sales for Pope and Talbot. Prior to that, he was actively involved in North American sales for Pope and Talbot, Noranda Forest and Stora Forest Industries. He also brings paper experience as he sold newsprint for Stora Forest Industries.

Terry will be relocating to the Boston area and will be based out of IFP’s headquarters in Foxboro, Massachusetts.