VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 8, 2010) - The Board of Directors of West Fraser Timber Co. Ltd. (TSX:WFT) has declared a quarterly dividend of $0.06 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 10, 2011 to shareholders of record on December 20, 2010.

Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

West Fraser is an integrated wood products company producing lumber, wood chips, LVL, MDF, plywood, pulp and newsprint. The Company has operations in western Canada and the southern United States.

West Fraser shares trade on the Toronto Stock Exchange under the symbol: "WFT".

FOR FURTHER INFORMATION PLEASE CONTACT:

Gerry Miller
West Fraser Timber Co. Ltd.
Executive Vice President, Finance & Chief Financial Officer
(604) 895-2700

OR

Rodger Hutchinson
West Fraser Timber Co. Ltd.
Vice President, Corporate Controller
(604) 895-2700
(604) 681-6061 (FAX)
www.westfraser.com