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Canfor Pulp Limited Partnership: News Release

Tuesday 22. January 2008 - Reporting on a fire on the evening of January 15, 2008 at its Prince George Pulp and Paper mill, Canfor Pulp Limited Partnership (the "Partnership") (TSX:CFX.UN) confirmed today that damage was confined to the chip processing and chip in-feed facilities.

The digesters and other components of the mill as well as on site chip inventories were unaffected by the fire. There were no serious injuries reported.

The Partnership is investigating chip in-feed alternatives to minimize production disruptions. In the interim, the paper machine and pulp bleaching and repulping components of the mill have been restarted to satisfy customer supply commitments.

The Partnership’s adjacent Intercontinental Pulp mill and its larger Northwood Pulp mill were unaffected by the fire and normal operations continued at both mills.

Until the duration of the production disruption is determined and estimates of repair costs can be made, the financial impact cannot be accurately estimated. However, based on current information including insurance coverage, this incident is not expected to have a material effect on the financial condition of the Partnership.