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Canfor Pulp Income Fund: Canfor Pulp Income Fund Announces Monthly Distribution and Special Distribution

Mon, 18 Sep 2006 8:18:00 PDT

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 09/18/2006 -- Canfor Pulp Income Fund (TSX: CFX.UN) announced today that it will make cash distribution of $0.12 per Fund unit, covering the period from September 1, 2006 to September 30, 2006, to be paid on October 13, 2006 to unitholders of record at the close of business on September 29, 2006.

The Fund also declared a special cash distribution of $0.08 per Fund unit payable on October 13, 2006 to unitholders of record at the close of business on September 29, 2006. The special cash distribution reflects additional distributable cash arising from the positive financial performance of our pulp operations. Additional special distributions may be made prior to the end of the fiscal year.

About Canfor Pulp Income Fund

The Fund is an unincorporated, open-ended trust established under the laws of the Province of Ontario, created to indirectly acquire and hold an interest in the Canfor Pulp Limited Partnership (the "Partnership"). The Fund indirectly holds a 20% interest in the Partnership with Canadian Forest Products Ltd. (a subsidiary of Canfor Corporation) holding the remaining 80% interest in the Partnership.

Certain statements in this press release constitute "forward-looking statements" which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as "expects", "anticipates", "intends", "plans", "will", "believes", "seeks", "estimates", "should", "may", "could" and variations of such words and similar expressions are intended to identify such forward-looking statements. The risks and uncertainties are detailed from time to time in reports filed by the Fund with the securities regulatory authorities in all of the provinces and territories of Canada to which recipients of this press release are referred to for additional information concerning the Fund, its prospects and uncertainties relating to the Fund and its prospects. These statements are based on management's current expectations and beliefs and actual events or results may differ materially. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of the Fund to be materially different from those contained in forward-looking statements. The forward-looking statements are based on current information and expectations and the Fund assumes no obligation to update such information to reflect later events or developments, except as required by law.

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