Mr. Amar Doman reports

DOMAN BUILDING MATERIALS GROUP LTD. ANNOUNCES SALE OF REMAINING TIMBERLAND HOLDINGS

A wholly owned subsidiary of Doman Building Materials Group Ltd. has sold all of its remaining private timberland holdings in southeastern British Columbia, Canada, to the Nature Conservancy of Canada.

During its nine years of ownership of the timberlands, Doman voluntarily adhered to rigorous statutory standards for sustainable forest management over private timberlands, including the planting of approximately 10 million new seedlings. Doman no longer will be materially involved in the harvesting aspect of the forestry business.

"The Nature Conservancy of Canada will be a unique long-term steward for these very special alpine forest lands. We are very pleased to have come to an agreement with them, which ensures these lands will be in great hands for many years to come and for many generations to enjoy," said Amar S. Doman, chairman of the board.

The transaction closed today and net proceeds from the sale will be used to further strengthen the company's balance sheet.

About Doman Building Materials Group Ltd.

Founded in 1989, Doman is headquartered in Vancouver, B.C., and trades on the Toronto Stock Exchange under the symbol DBM.

As Canada's only fully integrated national distributor in the building materials and related products sector, Doman operates several distinct divisions with multiple treating plants, planing and specialty facilities and distribution centres coast-to-coast in all major cities across Canada and coast-to-coast across the United States.

Strategically located across Canada, Doman Building Materials Canada operates distribution centres coast-to-coast and Doman Treated Wood Canada operates multiple treating plants near major cities. In the United States: headquartered in Dallas, Tex., Doman Lumber operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building material servicing the central U.S.; Doman Tucker Lumber operates three treating plants, specialty sawmilling operations and a captive trucking fleet serving the U.S. East Coast; Doman Building Materials USA and Doman Treated Wood USA serve the U.S. West Coast with multiple locations in California and Oregon; and in the state of Hawaii, the Honsador Building Products Group services 15 locations across all the islands. The company's Canadian operations also include ownership and management of private timberlands and forest licences, and agricultural postpeeling and pressure treating through its Doman Timber operations.

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