Great Pacific Industries Inc. - Press Release



    VANCOUVER, Dec. 7 /CNW/ - Jim Pattison announced today that Great Pacific
Industries Inc. ("Great Pacific"), a wholly-owned company, has acquired an
additional 1,598,095 Common shares of Canfor Corporation ("Canfor"),
representing approximately 1.1% of the outstanding shares, through purchases
on The Toronto Stock Exchange. This brings the total holdings of Great Pacific
to 15,746,845 Common Shares of Canfor, representing 11.04% of the outstanding
shares. Great Pacific together with Great Pacific Capital Corp. and 4123221
Canada Inc., two other companies owned by Jim Pattison, own in the aggregate
41,291,800 Common shares of Canfor, representing 28.96% of the outstanding
shares.
    The shares of Canfor have been purchased and are presently being held for
investment purposes. In the future, Jim Pattison through one or more of his
companies may acquire additional shares of Canfor or dispose of such shares
subject to a number of factors, including general market and economic
conditions and other investment and business opportunities available to it.





For further information:

For further information: Nick Desmarais, (604) 688-6764

Organization Profile

GREAT PACIFIC INDUSTRIES INC.

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