Brookfield Global Timber Fund

Brookfield’s Global Timber Fund acquired a 77% interest of Longview Timber Holdings Corp. (“Longview”) in October 2008. Longview encompasses 655,000 acres of high quality, fee simple timberlands located largely on the Westside of Washington and Oregon, recognized as one of the best timber growing regions in the world. Longview's timberlands have a long history of active management and conservative harvest levels creating excellent harvest opportunities going forward. Longview is well positioned in its marketplace with excellent access to both domestic and export markets and a regional domestic market that is relatively fibre short with a very competitive converting industry.