Notification of Holdings

08 October 2010

Cambium Global Timberland Limited (the "Company")

Notification of Holdings

Cambium Global Timberland Limited has received notification from Baillie Gifford & Company Limited on 7 October 2010 that they hold 17,130,000 ordinary shares representing 16.45% of the issued share capital of the Company.

For further enquires please contact:

Investment Manager

CP Cogent Asset Management

Rich Standeven / Matt Haertzen

+ 1 214 871 5400

Broker

Matrix Corporate Capital LLP

Paul Fincham / Jonathan Becher

+ 44 (0) 20 3206 7000

Nominated Adviser

PricewaterhouseCoopers LLP

Melville Trimble

+ 44 (0) 20 7213 8898