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Louisiana Pacific

May 15, 2008

LP Completes Initial Phase of Purchase of 75% Ownership Interest in Brazilian OSB producer

“Our due diligence process confirmed our confidence in the quality of these assets and their potential to serve a growing demand for affordable housing in Brazil and other parts of South America.”

The purchase is being made through LP Brasil Participacoes Ltda., a limited liability company, and a subsidiary of Louisiana-Pacific South America S.A., a wholly-owned subsidiary of LP. via PR-inside.com

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