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of forest creatures depend. At present, wildlife 

 specialists are actively studying a number of species on 

 Pacific Lumber land, including the Northern Spotted Owl 

 and the Marbled Murrelet. In fact. Pacific Lumber has a 

 property-wide management plan for the Northern Spotted 

 Owl, which was developed in cooperation with the U.S. Fish 

 and Wildlife Service. Part of the work with the Northern 

 Spotted Own entails the introduction of artificial nesting 

 structures which, to date, have been used successfully to 

 raise owl fledglings. Also, extensive Pacific Lumber 

 studies indicate that — contrary to popular belief in 

 California — the Northern Spotted Owl shows no preference 

 for old-growth forests over second and third growth for 

 its roosting, nesting and foraging, as the U.S. Fish and 

 Wildlife Service recently acknowledged. You may have seen 

 the recent NBC special report which also confirmed what I 

 have just said. 



Our commitment to responsible corporate practices is 

 continuing, but it is not new. In past years. Pacific 

 Lumber donated or sold at below value nearly 20,000 acres 

 of California's most magnificent redwoods for preservation 

 and inclusion in state and county park systems. Today, 

 over 80 percent of California's old-growth coastal 

 redwoods are preserved in some 255,000 acres of 

 parkland. These parks contain almost 100,000 acres of old 

 growth redwood. No other commercial species in the world 



