Conifex Announces Voting Results for the Election of Directors

Each of the following eight nominees proposed by management was elected as a director on a vote by show of hands. The proxies received by management with respect to the election of directors were as follows:

In addition, at the Meeting, shareholders approved (i) the appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as the Company’s auditor for the ensuing year and the authorization of the board of directors of the Company to fix the auditor’s remuneration and (ii) the renewal of and amendment to the Shareholder Rights Plan of the Company.

About Conifex Timber Inc.

Conifex and its subsidiaries’ primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex’s lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Conifex has expanded its operations to include bioenergy production following the commencement of commercial operations of its power generation facility at Mackenzie, British Columbia.