Asia Pacific Resources Ltd. Grants Stock Options.

Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 17, 2002

Asia Pacific Resources Ltd. (OTCBB:APQCF)(TSX:APQ)(FRANKFURT:APQ) announces that, following approval of the Stock Option Plan by shareholders at the AGM on June 28, 2002 it has granted a total of 19,424,500 stock options to certain directors and employees from its stock option plan. The two directors from Olympus Capital Holdings Asia are not beneficiaries of this or any option grant. The stock options vest over a period of three years and expire five years from the date of grant. The exercise price is $0.09 per common share for options vested in the first year and increases by 10% per year thereafter.

The Company has 442,225,002 common shares outstanding and including the above stock options, 533,134,767 common shares on a fully diluted basis.

On behalf of the Board of Directors,

John Bovard, President and Chief Executive Officer

The information provided in this news release may contain forward-looking statements within the meaning of the Safe Harbour provisions of the US Private Securities Litigation Reform Act 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.