Cathay Forest Products Corp.

Cathay Forest Products Corp.

September 10, 2010 16:44 ET

Cathay Forest Announces Resignation of Director

TORONTO, ONTARIO--(Marketwire - Sept. 10, 2010) - Cathay Forest Products Corp. ("Cathay Forest" or the "Company") (TSX VENTURE:CFZ) announces that, effective immediately, the Honourable John D. Reynolds, P.C. has resigned from the board of directors of the Company for personal reasons. The directors and management of Cathay Forest, would like to thank Mr. Reynolds for his contribution to Cathay Forest and wishes him the best in his future endeavours.

About Cathay Forest Products

Cathay Forest is a forest products company that manages approximately 1,000,000 hectares of standing timber properties and fast-growth, high-yield poplar plantations in China and Russia. Cathay Forest is building a world-class forest products company through a customer base that includes the domestic Chinese pulp and paper industry and other wood products customers in the Japanese market.

Forward-Looking Statements

All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the future plans and objectives of Cathay Forest. Actual results and future events could differ materially from those anticipated in such statements. Except as required under applicable securities laws, Cathay Forest assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this release.

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