Longview Fibre Company

Longview, Washington, USA, 07 February 2007 – Longview Fibre Company (NYSE: LFB) plans to issue a press release announcing fourth quarter and full year 2006 financial results on 27 February 2007, after the close of regular NYSE trading hours.

The company also expects to file the same day its Annual Report on Form 10-K with the Securities and Exchange Commission. A copy of the 10-K will be available free of charge on the Securities and Exchange Commission's Web site at www.sec.gov and through the link to Longview's SEC filings on the company's Web site at www.longviewfibre.com.

The company will not conduct a conference call to discuss its financial results due to the on-going regulatory and shareholder approval process related to the proposed merger with Brookfield Asset Management (NYSE:BAM) announced on 05 February 2007.

Certain Information Regarding Participants

Longview's directors and certain of its executive officers, as well as Longview, may be deemed to be participants in the solicitation of proxies from Longview's shareholders in respect of the proposed transaction. Shareholders may obtain information regarding the names, affiliations, and interests of such individuals in Longview's proxy statement for the company's 2006 annual meeting of shareholders, filed with the SEC on 27 February 2006, on Schedule 14A. A copy of that proxy statement may be obtained free of charge on the Securities and Exchange Commission's Web site at www.sec.gov, through the link to Longview's SEC filings on the company's Web site at www.longviewfibre.com or by directing a request to Corporate Secretary, 300 Fibre Way, Longview, Washington 98632, (360) 425-1550.

Important Information

In connection with the proposed transaction, Longview expects to file a proxy statement with the SEC. Shareholders should read the proxy statement, when available, because it will contain important information. Shareholders may obtain a copy of the proxy statement (when available) and other documents filed by Longview with the SEC free of charge on the SEC's Web site at www.sec.gov, through the link to Longview's SEC filings on the company's Web site at www.longviewfibre.com or by directing a request to Corporate Secretary, 300 Fibre Way, Longview, Washington 98632, (360) 425-1550.

About Longview Fibre Company

Longview Fibre Company is a real estate investment trust (REIT) engaged in the ownership and management of 588,000 acres of softwood timberlands predominantly located in western Washington and Oregon, and manufactures specialty paper and containers through a wholly owned subsidiary. For more information, visit Longview's Web site at www.longviewfibre.com.