Icahn plans opposing slate of officers.
ICAHN PLANS OPPOSING SLATE OF OFFICERS. Temple-Inland Inc., Austin,
Texas, USA received notice from Carl Icahn that Icahn entities plan to
nominate candidates for the Board of Directors at the Company's
2005 annual meeting of shareholders. These candidates would be in
opposition to three current directors nominated for re-election to the
Company's Board of Directors. The Icahn entities have indicated in
the notice that they own a total of approximately 1.2 million shares of
Temple-Inland common stock, or approximately 2% of the stock
outstanding. Temple-Inland is filing a proxy statement with the
Securities Exchange Commission.