Notice of 2019 Third Quarter Results Conference Call and Webcast for Investors And Analysts

You are invited to participate in Acadian Timber Corp.'s 2019 Third Quarter Conference Call & Webcast on October 31, 2019 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 October 30, 2019 and will be available on our website at www.acadiantimber.com under “Press Releases”. The Third Quarter Conference Call will also be webcast live on our website, where it will be archived for future reference.

To participate in the Third Quarter Conference Call, please dial [phone] toll free in North America (Canada and the USA), or for overseas calls, please dial [phone] at approximately 12:50 p.m. The Conference ID is 4347985. For those unable to participate in the Third Quarter Conference Call, a taped rebroadcast will also be available until midnight November 30, 2019. To access this rebroadcast, please dial [phone] or [phone] - Conference ID 4347985.

If you have any questions about the Conference Call, please contact Brian Banfill, Interim Chief Financial Officer at [phone] or [e-mail].

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 one of the largest timberland operators in New Brunswick and Maine. Acadian owns and manages approximately 1.1 million acres of freehold timberlands in New Brunswick and Maine, and provides timber services relating to approximately 1.3 million acres of Crown licensed timberlands in New Brunswick. Acadian's products include softwood and hardwood sawlogs, pulpwood and biomass by-products, sold to approximately 85 regional customers. Acadian’s business strategy is to maximize cash flows from its existing timberland assets while growing our business by acquiring assets on a value basis and utilizing our operations-oriented approach to drive improved performance. Acadian’s shares are listed for trading on the Toronto Stock Exchange under the symbol ADN.