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TJ INTERNATIONAL TELLS STOCKHOLDERS PROSPECTS ARE BRIGHTENING

TJ INTERNATIONAL TELLS STOCKHOLDERS PROSPECTS ARE BRIGHTENING
 BOISE, Idaho, May 20 /PRNewswire/ -- Citing fundamental changes in the composition of the wood supply for building materials combined with a rejuvenated housing market, TJ International (NASDAQ: TJCO) reported to stockholders at its annual meeting today that the company's business prospects, both near and longer term, are strong and getting stronger.
 "Order files at the Trus Joist MacMillan joint venture and at our three wood window companies are up significantly over year-ago levels. That reflects a strengthening of the housing market and the benefits of the hard-fought market share gains that were achieved during the recent recession," said TJ International Chief Executive Officer and President Walt Minnick.
 He said that an intrinsic change in the supply of old-growth lumber has further spurred sales at the Trus Joist MacMillan joint venture and is indicative of a larger, longer-term opportunity.
 "The supply and quality of large-dimension lumber continues to decline," explained Trus Joist MacMillan Chief Executive Officer and President Tom Denig. "Our joint venture is positioned exceedingly well to reap the benefits of a changing forest and perhaps at the same time help provide solutions to the problems stemming from an ancient forest controversy. Trus Joist MacMillan is successfully marketing proven engineered wood technologies and pioneering exciting, emerging technologies at a time when there is a tremendous need within our industry."
 Trus Joist MacMillan, a joint venture owned 51 percent by TJ International and 49 percent by MacMillan Bloedel, is the world's leading manufacturer and marketer of engineered wood products that are high-quality substitutes for traditional lumber. The processes used to manufacture these engineered products use fewer trees and can accommodate a wide range of species from the changing forest of smaller, second-growth trees. These products include laminated veneer lumber, parallel strand lumber, wood I-joists, and the newest engineered wood, laminated strand lumber.
 Denig also stated, "We're making headway at the joint venture's new $74-million laminated strand lumber plant in Minnesota. The plant startup and market introduction of the product are being managed intensively and carefully." The laminated strand lumber, which uses inexpensive, fast-growing and abundant aspen as its wood fiber source, will initially be marketed as a core material for wood windows and doors.
 In other news at the annual meeting, stockholders re-elected all 11 existing TJ International directors to one-year terms, including Harold S. Eastman, Robert B. Findlay, Robert V. Hansberger, Robert G. Linville Jr., Walter C. Minnick, Alice M. Rivlin, J.L. Scott, Harold E. Thomas, Arthur L. Troutner, J. Robert Tullis and Steven C. Wheelwright.
 In addition, TJ International Chairman of the Board Harold Thomas announced the board has re-elected all existing TJ International officers and approved the payment of the regular quarterly dividend of 10-1/2 cents per share payable on July 17 to stockholders of record June 19.
 TJ International is a Boise-based specialty building materials company. In addition to serving as managing partner of Trus Joist MacMillan, it owns three North American wood window companies: Dashwood Industries, headquartered in tn Idaho, Michigan and Wisconsin.
 -0- 5/20/92
 /CONTACT: Walt Minnick, 208-345-8500, or after hours, 208-345-3036, or Russ Stoddard, 208-345-8500, or after hours, 208-336-8450, both of TJ International/
 (TJCO) CO: TJ International; MacMillan Bloedel; Trus Joist MacMillan ST: Idaho IN: PAP SU:


LM-JH -- SE006 -- 2390 05/20/92 14:36 EDT
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Date:May 20, 1992
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