Press Release

4/12/2007

The Campbell Group, LLC Announces Acquisition of Menasha Forest Products Corporation

Portland, Oregon (April 12, 2007) - The Campbell Group, LLC announced today that it has completed the purchase of Menasha Forest Products Corporation (MFPC) of behalf of The Campbell Timber II and II-A. Through this transaction, The Campbell Group acquired approximately 136,100 acres of prime timberlands in Oregon and Washington together with MFPC's related businesses. "On behalf of our clients, we are pleased to have the opportunity to acquire this portfolio of high-quality, productive timberlands," said John Gilleland, President of The Campbell Group.

The law firm of Morrison & Foerster served as legal advisor to The Campbell Group and its affiliate of investment funds. American Ag Credit also provided financing for a portion of the transaction.

About The Campbell Group, LLC

The Campbell Group, LLC ("TCG") is a vertically integrated, full-service timberland investment advisory firm founded in 1981 to acquire and manage timberland for institutional and high net worth investors. Headquartered in Portland, Oregon, and through its nine offices, TCG manages timberlands in Oregon, Washington, California, and the Southeastern Region of the United States on behalf of institutional and high net worth clients.

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