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Press release from Marketwire

Stella-Jones Announces Closing of Secondary Offering of Common Shares

Monday, February 06, 2012

Stella-Jones Announces Closing of Secondary Offering of Common Shares09:57 EST Monday, February 06, 2012MONTREAL, QUEBEC--(Marketwire - Feb. 6, 2012) -This release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or for dissemination in the United States.Stella-Jones Inc. ("Stella-Jones" or the "Company") (TSX:SJ) announced today that its principal shareholder, Stella Jones International S.A. ("SJ International"), has completed its previously announced secondary offering pursuant to which SJ International sold to a syndicate of underwriters, on a bought deal basis, 2,000,000 of the Stella-Jones common shares held by SJ International at a price of $42.00 per share. After giving effect to this offering, SJ International now owns 6,187,909 common shares of the Company, representing approximately 38.8% of the outstanding common shares of the Company. Stella-Jones did not receive any proceeds from this offering. The underwriting syndicate was led by RBC Capital Markets. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation of sale would be unlawful. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of the securities in the United States may only be made by means of a prospectus containing detailed information about the Company and its management as well as financial statements. About Stella-Jones Inc.Stella-Jones Inc. (TSX:SJ) is a leading producer and marketer of pressure treated wood products. The Company supplies North America's railroad operators with railway ties, timbers and recycling services; and the continent's electrical utilities and telecommunications companies with utility poles. Stella-Jones also provides industrial products and services for construction and marine applications, as well as residential lumber to retailers and wholesalers for outdoor applications. The Company's common shares are listed on the Toronto Stock Exchange. Forward looking statementsExcept for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, the ability of the Company to raise the capital required for acquisitions, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.FOR FURTHER INFORMATION PLEASE CONTACT: Stella-Jones Inc.Source:ORGeorge T. Labelle, C.A.Contacts:Senior Vice-President and Chief Financial Officer(514) 934-8665(514) 934-5327 (FAX)glabelle@stella-jones.comORMaisonBrison CommunicationsMartin Goulet, CFA(514) 731-0000martin@maisonbrison.com