Cathay Forest Common Shares to Be Delisted from TSX Venture Exchange

Cathay Forest Products Corp. ("Cathay Forest") (TSX VENTURE:CFZ) announces that
its common shares will be de-listed from the TSX Venture Exchange effective at
the close of market today. Cathay Forest common shares are being de-listed by
the TSX Venture Exchange as they have been suspended from trading for twelve
months.


About Cathay Forest Products

Cathay Forest is a forest products company that manages approximately 1,000,000
hectares of standing timber properties and fast-growth, high-yield poplar
plantations in China and Russia. Cathay Forest's customer base includes the
domestic Chinese pulp and paper industry and other wood products customers in
the Russian and Japanese market.


Forward-Looking Statements 

All statements, other than statements of historical fact, in this news release
are forward-looking statements that involve various risks and uncertainties,
including, without limitation, statements regarding the future plans and
objectives of Cathay Forest. Actual results and future events could differ
materially from those anticipated in such statements. Except as required under
applicable securities laws, Cathay Forest assumes no obligation to update
forward-looking statements should circumstances or management's estimates or
opinions change.