Vancouver, British Columbia, Canada, 28 January 2009 – TimberWest has rescheduled its fourth quarter conference call with financial analysts to 13 February 2009, so as to include discussion related to the private placement and rights offering scheduled to close on 11 February 2009. Paul McElligott, TimberWest president and CEO, and Bev Park, CFO,  will discuss the company’s fourth quarter results, which will be released 12 February 2009.

The conference call will take place on 13 February 2009 at 9:00 a.m. (Pacific Time). The dial-in phone number is 1-800-754-1336. To access the call at a later time, dial 1-800- 558-5253 and enter code 21410937. The recording will be available until 27 February 2009.

TimberWest also will broadcast the conference call live on the Internet at  http://www.timberwest.com. The webcast will be archived and available for listening for an additional 90 days.

TimberWest Stapled Units are listed on the Toronto Stock Exchange under the symbol “TWF.UN.”