VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 03/22/12

Canfor Corporation (TSX:CFP) will hold its Annual General Meeting at 11:30 AM PDT Thursday, April 26, 2012 in Vancouver, BC at the Terminal City Club.

The Company will release its first quarter 2012 financial and operating results before market opening on Thursday, April 26, 2012.

Canfor will hold a conference call on Friday, April 27, 2012 at 8:00 AM PDT to discuss first quarter 2012 financial and operating results. To participate in the call, please dial one of the following numbers:

Access: 416-340-8527
Toll-Free Access: 877-440-9795

Let the operator know you wish to participate in the Canfor Corporation conference call.

Following management's discussion of the quarterly results, the analyst and investment community will be invited to ask questions. Once the analyst and investment community have completed their questions, Canfor's management will take questions from the media.

For Instant Replay Access please dial one of the following numbers and enter
Participant Pass Code: 7168261#
Access: 905-694-9451
Toll-Free Access: 800-408-3053
Until May 31, 2013

The conference call will be available live at www.canfor.com.

Canfor is a leading integrated forest products company based in Vancouver, British Columbia (BC) with operations in BC,,Alberta, Quebec, Washington state, and North and South Carolina. The Company produces primarily softwood lumber and also produces oriented strand board (OSB), remanufactured lumber products, specialized wood products and bleached chemi-thermo mechanical pulp (BCTMP). Canfor also owns a 50.2% interest in Canfor Pulp Products Inc., which is one of the largest producers of northern softwood kraft pulp in Canada and a leading producer of high performance kraft paper. Canfor shares are traded on the Toronto Stock Exchange under the symbol CFP.

Contacts:
Canfor Corporation
Patrick Elliott
Vice President & Treasurer
Direct: (604) 661-5441
Patrick.Elliott@canfor.com

Canfor Corporation
Christine Kennedy
Director, Public Affairs & Corporate Communications
Direct: (604) 862-4334
Christine.Kennedy@canfor.com
www.canfor.com