Maple Leaf Reforestation Inc. - First sale contract from Shanzi Joint Venture



    (TSX-V: MPE)
    Shares Issued: 51,223,980
    Last Close: 10-01-2007 $0.98

    CALGARY, Oct. 2 /CNW/ - Maple Leaf Reforestation Inc. ("Maple Leaf") is
pleased to announce that it has signed a 1 year sales contract with its Joint
Venture parther, Huize Forestry Co. Ltd. of Changzhi, Shanzi ("Huize
Changzhi"), to purchase a variety of Maple Leaf's tree seedlings for
$18 million RMB (approximately $2.4 million Canadian). Huize Changzhi is a
local privately owned company located in Changzhi City, Shanxi Province, which
provide forestry products and service to Changzhi City and other areas for
Shanxi Province. Maple Leaf entered the Joint Venture agreement with Huize
Changzhi in June of this year.
    Under the sales contract, Huize Changzhi will purchase approximately
12 million seedlings in 2008. Actual delivery dates will be provided by Maple
Leaf at a later date. The 12 million seedlings purchased will include a
variety of existing seedlings currently under cultivation within Maple Leaf's
nursery facilities. The seedlings are varieties of Colorado Spruce, Chinese
Pine, Jack Pine, Scots Pine and Northern China Larch. Maple Leaf is also
allowed to grow or purchase seedlings from an outside source if it is
necessary, as long as Maple Leaf still provides the guarantee of the quality
of all the seedlings. Maple Leaf is also obligated to provide on-site training
to Huize Changzhi's staff at least 4 times a year. Huize Changzhi is required
to make a cash payment to Maple Leaf prior to the shipment of each delivery of
seedlings.
    Raymond Lai, President and Chief Executive Officer of Maple Leaf, is very
pleased that it is the second sales contract to supply seedlings to a Chinese
provincial government. It reinforces Maple Leaf's belief that the door to the
huge Chinese Government's forestry sector has finally opened.
    Maple Leaf's primary mission is to provide top quality, value added
nursery seedlings and modern Canadian tree growing technology to assist China
in solving its desertification problems. Maple Leaf currently has over
6,000,000 various types of seedlings under cultivation in its 110,000 square
foot greenhouse.
    For further information regarding Maple Leaf Reforestation Inc., visit
www.mlreforestation.com.

    The TSX Venture Exchange does not accept responsibility
    for the adequacy or accuracy of this release.

    Certain statements in this news release including (i) statements that may
contain words such as "anticipate", "could", "expect", "seek", "may" "intend",
"will", "believe", "should", "project", "forecast", "plan" and similar
expressions, including the negatives thereof, (ii) statements that are based
on current expectations and estimates about the markets in which Maple Leaf
operates and (iii) statements of belief, intentions and expectations about
developments, results and events that will or may occur in the future,
constitute "forward-looking statements" and are based on certain assumptions
and analysis made by Maple Leaf. Forward-looking statements in this news
release include, but are not limited to, statements with respect to future
capital expenditures, including the amount, nature and timing thereof; other
development trends within the China's seedling industry; business strategy;
expansion and growth of Maple Leaf's business and operations and other such
matters. Such forward-looking statements are subject to important risks and
uncertainties, which are difficult to predict and that may affect Maple Leaf's
operations, including, but are not limited to: the impact of general economic
conditions; industry conditions; government and regulatory developments;
seedling product supply and demand; competition; and Maple Leaf's ability to
attract and retain qualified personnel. Maple Leaf's actual results,
performance or achievements could differ materially from those expressed in,
or implied by, these forward-looking statements and, accordingly, no assurance
can be given that any of the events anticipated by the forward-looking
statements will transpire or occur, or if any of them do transpire or occur,
what benefits Maple Leaf will derive therefrom. Subject to applicable law,
Maple Leaf disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
    All forward-looking statements contained in this document are expressly
qualified by this cautionary statement. Further information about the factors
affecting forward-looking statements is available in other disclosure
documents of Maple Leaf which have been filed with Canadian provincial
securities commissions and are available on www.sedar.com.




For further information:

For further information: Raymond Lai, President & CEO, Office (403)
668-7560, Fax: (403) 250-2534, E-mail rlai@mlreforestation.com

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MAPLE LEAF REFORESTATION INC.

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