Maple Leaf Reforestation Inc. Creates Chinese Alternative Energy Subsidiary



    
    (TSX-V: MPE)
    Last Close: August 26 2008 - $0.20
    Shares Issued: 56,482,327
    

    CALGARY, Aug. 27 /CNW/ - Raymond Lai, President and CEO of Maple Leaf
Reforestation Inc. (TSX-V: MPE) ("Maple Leaf" or the "Company") is pleased to
announce the creation of a separate Wholly Owned Foreign Subsidiary (WOFE),
Maple Leaf Energy China Ltd. Initially, this subsidiary will manage the
development of the Company's Xinjiang Yellowhorn biofuel project, which is
developing more rapidly than anticipated. Also along these same alternative
energy lines, the Company is currently reviewing opportunities for involvement
in other energy-related initiatives. All such further energy-related
developments and projects of the Company will be managed by this subsidiary.
    According to the Energy Information Administration (a U.S. Government
Agency), China is the second largest consumer of energy after the U.S.A. Since
1991, energy consumption in China has grown at a compounded rate of 10% and is
projected to continue growing at a rate of 5% per annum through 2030, almost
twice the global growth rate. There is continued strong market demand for
energy throughout China. The Chinese government is especially supportive of
new products and technologies designed to increase the efficiency of the
energy industry and decrease environmental damage caused by energy production
and consumption.
    Mr. Lai, President and CEO of Maple Leaf Reforestation Inc. stated,
"Maple Leaf's diversification into the Chinese Energy Sector is very timely,
given the continued and growing demand for energy throughout the country. The
Company intends to offer technologically advanced, cost effective solutions
and products to Chinese Oil & Gas Producers and Distributors. The combination
of the Company's geographical knowledge, operating experience and significant
regional support in China should lead to solid growth in this sector. Our
proven ability to develop and market environmentally friendly and superior
products should provide Maple Leaf with the competitive advantages required to
be a true energy sector market leader in China. We are very excited about
launching this initiative and confident in its success!"

    About Maple Leaf Reforestation Inc.

    Maple Leaf is a Canadian Public Company operating a large-scale forest
nursery whose primary focus is growing and supplying value-added tree
seedlings and alfalfa feedstock as well as providing landscaping and nursery
products in China. In addition, the multi-faceted Xinjiang Yellowhorn tree
project will provide for the manufacture of biodiesel fuel, and various other
products.
    Reforestation has been identified as a critical step in managing China's
deeply troubling desertification and soil erosion problem. Maple Leaf
currently has millions of Canadian tree seedlings under cultivation at its
110,000 square foot greenhouse nursery facility located in Liangcheng County,
Inner Mongolia, China.

    As a wholly-owned foreign enterprise ("WOFE"), Maple Leaf controls 100%
of the direction and operations of the company in China and allows all
revenues generated from operations in China to flow back to Canada.

    
       Should you wish to receive Company news via email, please email
      catarina@chfir.com and specify "Maple Leaf Reforestation Inc."
             in the subject line or contact the Company directly.

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

    Certain statements in this news release including 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 there from. 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.

    %SEDAR: 00022303E




For further information:

For further information: regarding Maple Leaf Reforestation Inc., visit
www.mlreforestation.com or contact: Maple Leaf Reforestation Inc., Raymond
Lai, President and CEO, Tel: (403) 668-7560, Fax: (403) 250-2534, Email:
rlai@mlreforestation.com; CHF Investor Relations - Toronto, Catarina
Cerqueira, Associate Account Manager, Tel: (416) 868-1079 ext. 251, Email:
catarina@chfir.com; Christopher Haldane, Account Manager, Tel: (416) 868-1079
ext. 237, Email: chris@chfir.com; CHF Investor Relations - Shanghai Tel: +86
(0)21 28909034

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MAPLE LEAF REFORESTATION INC.

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