Western Forest Products Inc T.WEF

Tightly Held

[moneydaze]

Good Morning all,

I took this little tidbit of information off of the companys annual report . Just thought it might be of use to those who think that there is a large float of shares out there trading hands. 76% of the voting shares are privately held by the two consortiums listed below and 100% of the non voting shares are also held by Brookfield. So in reality it does not leave a whole bunch of shares out there to trade hands and for us to have a 20 million share day is huge although almost half of that amount was a cross. just my two cents

Have a good day it looks like another good one so far.

oh and by the way maybe brookfield wants to take this private?? any thoughts on this.

Moneydaze.


Name and Municipality of Residence of Shareholder No. of Common Shares

Percentage of Issued

Common Shares

Brookfield Special Situations Management Limited

(“BSS2”) (formerly Tricap Management Limited) (1)

Toronto, Ontario

63,026,544 49%

Harbinger Capital Partners Master Fund I, Ltd. (“Master

Fund”), Harbinger Holdings, L.L.C., and Harbinger

Capital Partners L.L.C., (collectively, “Harbinger”) (2)

Dublin, Ireland, in the case of the Master Fund and New

York, New York, in the case of the others

34,699,576 27%

(1) As of March 31, 2010 BSS2 (as manager for and on behalf of Brookfield Special Situations Partners Ltd. (“BSS1”)

(formerly Tricap Partners Ltd.), an indirectly and wholly-owned subsidiary of Brookfield Asset Management Inc. (“BAM”))

owns 63,026,544 Common Shares (representing 49% of the outstanding Common Shares) and 338,945,860 Non-Voting

Shares (representing 100% of the outstanding Non-Voting Shares).

(2) The Report Filed by Eligible Institutional Investor Under Part 4 of National Instrument 62-103 of the Canadian Securities

Administrators dated December 10, 2009 filed on SEDAR by Harbinger (on its behalf and on behalf of other entities

managed and controlled by Harbinger) indicates that as at November 30, 2009, Harbinger beneficially owned, directly or

indirectly, or exercised control or direction over 34,699,576 Common Shares (27% of the outstanding Common Shares).