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Address: 500 - 1 Toronto St
Toronto ON M5C 2W4
Phone: 416 643 8820
Fax: 416 643 8827
Website -
Warrant Symbol - NBD.WT
Number Trading - 136,301,987
Expiration Date - Dec. 24, 2013
Cusip - 65548P 12 2
Exercise Price - $1.36

Warrants called to trade news:
Norbord to list 136.30 million warrants Dec. 29
2008-12-23 16:49 MT - Warrants Called to Trade
TSX bulletin 2008-1520
A total of 136,301,987 common share purchase warrants of Norbord Inc. will be listed on Monday, Dec. 29, 2008, of which 54,801,985 warrants will be issued and posted for trading at the opening on Monday, Dec. 29, 2008, under the following information and up to 81,500,002 will be reserved for issuance.
Symbol:  NBD.WT
Cusip:  65548P 12 2
Trading:  Canadian dollars
Designated market-maker:  Independent Trading Group
Other markets:  None
The warrants were issued in connection with a recently completed rights offering by the company whereby shareholders were granted rights to subscribe for and purchase units, each unit consisting of one common share and one-half of a warrant, each whole warrant entitling the holder to purchase one common share of the company at an exercise price of $1.36 per share until 5 p.m. (Toronto time), on Dec. 24, 2013.

Details of the rights offering were contained in Toronto Stock Exchange bulletin 2008-1348 dated Nov. 21, 2008.

The warrants are governed by the terms of the warrant indenture to be dated as of Dec. 24, 2008, between the company and CIBC Mellon Trust Company, as trustee. The warrant indenture provides for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

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