Ainsworth Lumber Co. Ltd.

Ainsworth Lumber Co. Ltd.

May 27, 2005 18:16 ET

Ainsworth Lumber Co. Ltd. Declares Dividend

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 27, 2005) - 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 21, 2005 to holders of record of its common shares as of the close of business on June 7, 2005. Brian Ainsworth, Chairman and Chief Executive Officer of Ainsworth, said, "This is a special dividend to reflect the Company's recent strong performance in the markets for its products. It is not the commencement of a regular dividend policy and Ainsworth has no present intention of declaring future dividends."

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