TimberWest Forest Corp. lists convertible debentures

    VANCOUVER, May 27 /CNW/ - TimberWest Forest Corp. (TSX: TWF.UN) (the
"Company") announced today that the Toronto Stock Exchange has approved the
listing of the 9% convertible debentures issued by the Company in connection
with its recent rights offering, which was completed in February 2009.
    The convertible debentures will commence trading on the Toronto Stock
Exchange on May 28, 2009 under the symbol "TWF.DB".

    %SEDAR: 00009326E

For further information:

For further information: Bev Park, Executive Vice President and Chief
Financial Officer, Telephone: (604) 654-4600, Facsimile: (604) 654-4662,
Email: invest@timberwest.com, Visit our website at: http://www.timberwest.com

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