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Asia Pacific Resources Ltd.: Corporate Update.


Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 8, 2002

Asia Pacific Resources Ltd. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:APQCF) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:APQ APQ Accordo di Programma Quadro
APQ Association des Paraplégiques du Québec
APQ Association des Pathologistes du Québec
APQ Art Pepper Quartet (jazz group)
APQ Armaments Planning Questionnaire
APQ Advanced Placement Question
) (Frankfurt:APQ) announces that effective January 29, 2002, Robert G. Connochie's services as Chairman of the Company have been terminated. As this was an interim position, and it is proposed that a new Board of Directors will be elected with the conversion of the debentures, this position will not be filled at this time. Mr. Connochie shall remain as President and C.E.O. for the time being.

On behalf of the Board of Directors,

Peter Ackermann, Director

The information provided in this news release may contain forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 within the meaning of the Safe Harbour provisions of the US Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements are based on Asia Pacific Resources Ltd.'s current expectations and beliefs and are subject to a number of risks and uncertainty that can cause actual results to differ materially from those described in the forward looking statements.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 8, 2002
Words:165
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