Taiga Building Products Ltd. announces February 2010 note interest payment

BURNABY, BC, Feb. 16 /CNW/ - Taiga Building Products Ltd. (TSX: TBL & TBL.NT) announces that it will be paying the regular monthly interest payment of $11.6667 per $1,000 principal value subordinated Notes. The payment will be made to noteholders of record at the close of business on February 26, 2010 and will be payable on March 15, 2010.

Taiga also announces that it will be paying the final interest on deferred interest accruing for the month of February 2010, in the amount of $1.1233 per $1,000 principal value subordinated Notes. The payment will be made to noteholders of record at the close of business on February 26, 2010 and will be payable on March 15, 2010.

Please refer to the Company's press release of February 9, 2010, announcing the payment to settle in full the deferred interest on subordinated notes.

For further information: regarding Taiga please contact: Tom Stefan, Vice President, Finance and Administration, Phone: [phone], Fax: [phone]; Mark Schneidereit, Manager, Corporate Planning, Tel: [phone]