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Ainsworth Lumber Co. Ltd. Declares Dividend.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Ainsworth Lumber lumber, term for timber that has been cut into boards for use as a building material. The major steps in producing lumber involve logging (the felling and preparation of timber for shipment to sawmills), sawing the logs into boards, grading the boards according to  Co. Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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:ANS (ANS Communications, Inc, Purchase, NY) An ISP, Internet backbone and provider of private data network services, founded in 1990 as Advanced Network & Services, Inc., by IBM, MCI and Merit (consortium of Michigan universities). ) today announced that its Board of Directors has declared a cash dividend of $1.00 per common share payable on June 21, 2005 to holders of record of its common shares as of the close of business on June 7, 2005. Brian Ainsworth, Chairman and Chief Executive Officer of Ainsworth, said, "This is a special dividend to reflect the Company's recent strong performance in the markets for its products. It is not the commencement of a regular dividend policy and Ainsworth has no present intention of declaring future dividends."

Ainsworth Lumber Co. Ltd. (TSX:ANS)
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Publication:Business Wire
Geographic Code:1CANA
Date:May 27, 2005
Words:104
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