West Fraser Timber Co. Ltd.TSX: WFG

West Fraser Timber Co. Ltd. - December 12, 2006 Dividend Notice

· Issued by West Fraser Timber Co. Ltd. via CNW

("WFT")

VANCOUVER, Dec. 12 /CNW/ - The Board of Directors of West Fraser Timber Co. Ltd. has declared a quarterly dividend of $0.14 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 15, 2007 to shareholders of record on December 27, 2006.

West Fraser is an integrated forest products company that produces lumber, LVL, MDF, plywood, pulp, linerboard, kraft paper and newsprint. The Company has manufacturing operations in British Columbia, Alberta and the southern United States. West Fraser has approximately 6,900 employees and is headquartered in Vancouver, British Columbia.

West Fraser Common shares trade on the Toronto Stock Exchange under the symbol WFT

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