Barama disappointed at Norwegian government characterisation

WITH reference to the Stabroek News Tuesday, August 24, 2010 edition article titled “Norway fund shuts out Barama parent co. over forest breaches” please find below our response.

“We are disappointed by the announcement made by the Norwegian Government Pension Fund. Their public characterisation of us is inaccurate and not based on complete information. We had invited them to visit our operations for first-hand knowledge of our business and to clarify issues, with no response. The company remains committed to the continual improvement of its sustainable forest management processes and practices within the laws under which it operates. However, it is not our policy to comment on the decision of investors.”

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