2011 Annual Meeting             2012 First Quarter Conference Call 
------------------------------------   ------------------------------------
                                                                           
    Date: Wednesday, May 2, 2012           Date: Wednesday, May 2, 2012    
   Time: 10:00 a.m. (Eastern Time)        Time: 1:00 p.m. (Eastern Time)   

You are invited to participate in the live Webcast presentation of Acadian Timber Corp.'s Annual Meeting of Shareholders at www.acadiantimber.com on Wednesday, May 2, 2012 at 10:00 a.m. (Eastern Time). This presentation will be archived for future reference.

You are also invited to participate in Acadian Timber Corp.'s 2012 First Quarter Conference Call & Webcast on Wednesday, May 2, 2012 at 1:00 p.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.

These results will be released after market close on May 1, 2012 and will be available on our website at www.acadiantimber.com under "Press Releases". The First Quarter Conference Call will also be webcast live on our website, where it will be archived for future reference.

To participate in the First Quarter Conference Call, please dial 1-800-319-4610 toll free in North America (Canada and the USA), or for overseas calls, please dial +1-604-638-5340 at approximately 12:50 p.m. For those unable to participate in the First Quarter Conference Call, a taped rebroadcast will also be available until midnight June 3, 2012. To access this rebroadcast, please call 1-800-319-6413 or +1-604-638-9010 (code: 2826).

If you have any questions about the Conference Call, please contact Robert Lee, Investor Relations at +1-604-661-9607 or rlee@acadiantimber.com.

Acadian Timber Corp. is a leading supplier of primary forest products in Eastern Canada and the Northeastern U.S. With a total of 2.4 million acres of land under management, Acadian is the second largest timberland operator in New Brunswick and Maine. Acadian owns and manages approximately 764,000 acres of freehold timberlands in New Brunswick, approximately 310,000 acres of freehold timberlands in Maine and provides management services relating to approximately 1.3 million acres of Crown licensed timberlands. Acadian's products include softwood and hardwood sawlogs, pulpwood and biomass by-products, sold to approximately 90 regional customers. The corporation's shares are listed for trading on the Toronto Stock Exchange under the symbol ADN.

Contacts: Acadian Timber Corp. Robert Lee Investor Relations +1-604-661-9607rlee@acadiantimber.com

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