Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE:CFF) today
announced that it has issued 4,125 common shares (the "Common Shares") of the
Company at a deemed price of $8.50 per Common Share pursuant to a retirement
arrangement with a former employee. The Common Shares are subject to a
four-month hold period from the date of issue. The TSX Venture Exchange has
previously accepted the issuance of such Common Shares. 


About Conifex Timber Inc.

Conifex and its subsidiaries' primary business currently includes timber
harvesting, reforestation, forest management and the manufacture, sale and
distribution of dimension lumber. Conifex's lumber products are sold in the
United States, Chinese, Canadian and Japanese markets. Upon the planned
completion of its bioenergy facility at Mackenzie, British Columbia, Conifex's
business sectors will be expanded to include bioenergy.


Forward-Looking Statements

Certain statements in this news release may constitute "forward-looking
statements", including those related to the bioenergy project. Forward-looking
statements reflect the current expectations of the Company's management. Actual
results may be materially different. Forward-looking statements involve
significant uncertainties, and should not be read as a guarantee of future
results. A number of factors could cause actual results to differ materially,
including the matters described in the Company's annual information form for the
fiscal year ended December 31, 2012, available on SEDAR. The Company undertakes
no obligation to publicly revise them to reflect subsequent events or
circumstances, except as required by law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Conifex Timber Inc.
Yuri Lewis
Chief Financial Officer
(778) 331-8687

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