BEDFORD, Massachusetts, July 14 --

RISI, the leading information provider for the global forest products industry,
today announced the publication of the South American Tree Farm Update:
Opportunities for Investment in Forest Industry and Biomass Energy Plantations.
This new study updates and expands on the South American section of an earlier
RISI study -Global Tree Farm Managed Forest Industry. The report describes in
detail how the convergence of the timberland, bioenergy, and carbon markets is
creating a flood of new investment opportunities in South America’s
plantation forest industry and analyzes the structure of that industry. The
study also provides an outlook on future fiber supplies, and includes
RISI’s database of 130 ownerships in 8 countries, totaling 6.2 million
hectares.

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Robert Flynn, study author and RISI director of international timber,
commented, Over 15% of plantation forests in South America are owned by overseas
investors, including more than 500,000 ha owned by financial investors like
TIMOs. This is only about 3% of the area owned by timberland investors in North
America. He continued, However, RISI projects that South America and especially
Brazil, will be the focus of the next surge in timberland investment. Brazil
already has more dedicated wood energy plantations than Europe, North America,
and Africa combined, and the area of these plantations is projected to more than
double over the coming decade. This report will be an essential tool for senior
managers and analysts wanting to evaluate investment opportunities in this
rapidly growing sector.

The report features:

- A comprehensive outlook on the current status of South America’s tree
farm industry, including estimates of plantation area, species planted,
ownership, and investment trends.

- Overview of South America’s plantation forest-based wood products and
pulp and paper industries, including industry structure, timber demand trends,
importance in global markets and the outlook for new projects.

- Insight into potential investment and timberland acquisition opportunities
for North American and European organizations, and problem areas to avoid.

- Brief descriptions of nearly 80 companies currently involved in tree farm
investment in South America.

- Dedicated woody biomass energy plantations in South America: importance
within the region, potential fiber source for bioenergy demand in Europe, major
industry players and avenues for new investment.

The data and analysis in this new study will help organizations answer the
following strategic questions:

- Who have been the major foreign investors in South American plantation
forestry, and which countries and industry sectors have they focused on?

- What is the current and expected role of biomass energy markets in plantation
development, and which countries/regions offer the best opportunities for this
type of new project?

- What impact has the current financial crisis had on forest industry
development, product markets, and plantation log prices in South America?

- What are the primary drivers of plantation development in the region, and
what are the most challenging stumbling blocks?

The South American Tree Farm Update is currently available and can be purchased
at www.risiinfo.com/satreefarm.

About RISI

RISI is the leading information provider for the global forest products
industry. The company works with clients in the timber, wood biomass, wood
products, pulp and paper, tissue, nonwovens, printing and publishing industries
to help them make better decisions.

Headquartered in Boston (Bedford), Massachusetts, RISI operates offices in
Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland,
Oregon; Sao Paulo, Brazil; Shanghai, China; Singapore; and Charlottesville,
Virginia. More information can be found at www.risiinfo.com.

Contact: Dan Blenk Director of Marketing, Wood Timber Information RISI 4
Alfred Circle, Bedford, MAÂ 01730 U.S.A. Tel: +1-781-734-8942 Email:
dblenk@risiinfo.com

SOURCE: RISI

Dan Blenk, Director of Marketing, Wood Timber Information of RISI,
+1-781-734-8942, dblenk@risiinfo.com;
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