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Louisiana-Pacific Corporation Announces Closing Of Exchange Offer For 7.500% Senior Notes Due 2020

Louisiana-Pacific Corporation (“LP”) (NYSE:LPX) announced today the closing of its exchange offer pursuant to which it offered to exchange up to $350,000,000 in aggregate principal amount of its 7.500% Senior Notes due 2020 (the “New Notes”), which have been registered under the Securities Act of 1933 (the “Act”), for an equal aggregate principal amount of its unregistered outstanding 7.500% Senior Notes due 2020 (the “Old Notes”).

The Old Notes were issued on May 21, 2012 in a transaction exempt from registration under the Act. The terms of the New Notes are substantially identical to the terms of the Old Notes, except that the New Notes have been registered under the Act, are not subject to restrictions on transfer, and do not entitle their holders to registration rights or special interest. As of 5:00 p.m., New York City time, on August 7, 2012, which was the expiration time of the exchange offer, $350,000,000 in principal amount of the outstanding Old Notes, representing 100% of the outstanding principal amount of the Old Notes, had been validly tendered in exchange for an equal aggregate principal amount of the New Notes.

This press release is for informational purposes only and is not an offer to purchase any Old Notes or sell any New Notes, or a solicitation of an offer to sell any Old Notes or purchase any New Notes. The exchange offer was made only pursuant to a prospectus and letter of transmittal that have been filed with the Securities and Exchange Commission (the “SEC”) as part of Louisiana-Pacific Corporation's Registration Statement on Form S-4 (File No. 333-182441). The Registration Statement was declared effective by the SEC on July 10, 2012.

About LP

Louisiana-Pacific Corporation is a leading manufacturer of quality engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction. From manufacturing facilities in the U.S., Canada, Chile and Brazil, LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers. Founded in 1973, LP is headquartered in Nashville, Tennessee and traded on the New York Stock Exchange under LPX.

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