Ainsworth Lumber Co. Ltd.

Ainsworth Lumber Co. Ltd.

May 26, 2006 12:52 ET

Ainsworth Lumber Co. Ltd. Declares Dividend

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 26, 2006) - Ainsworth Lumber Co. Ltd. (TSX:ANS) today announced that its Board of Directors has declared a cash dividend of $1.00 per common share payable on June 8, 2006 to holders of record of its common shares as of the close of business on June 22, 2006. Brian Ainsworth, Chairman and Chief Executive Officer of Ainsworth, said, "This is a special dividend to reflect the Company's strong 2005 and first quarter 2006 performance. It is not the commencement of a regular dividend policy and Ainsworth has no present intention of declaring future dividends."

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