CFZ Cathay Forest Products Corp

Cathay Forest Products Corp. ("Cathay Forest" or the "Company") (TSX
VENTURE:CFZ) is pleased to provide an operational update. Trading in the shares
of the Company was initially suspended by the TSX Venture Exchange (the
"Exchange") as a result of a Cease Trade Order issued by the Ontario Securities
Commission (the "OSC") and the British Columbia Securities Commission (the
"BCSC") on February 1, 2011. The Cease Trade Order issued by the OSC expired on
February 16, 2011 and the Cease Trade Order issued by the BCSC was revoked on
the same date.


Cathay Forest then proceeded expeditiously with its application to the Exchange
for a reinstatement of trading in its shares. Prior to the shares of the Company
being reinstated to trading the Exchange initiated a full review of the
Company's application. The Company is cooperating fully with the Exchange in its
listing review and expects trading to be reinstated shortly following its
completion by the Exchange.


About Cathay Forest Products 

Cathay Forest is a forest products company that manages approximately 1,000,000
hectares of standing timber properties and fast-growth, high-yield poplar
plantations in China and Russia. Cathay Forest is building a world-class forest
products company through a customer base that includes the domestic Chinese pulp
and paper industry and other wood products customers in the Japanese market. 


Forward-Looking Statements 

All statements, other than statements of historical fact, in this news release
are forward-looking statements that involve various risks and uncertainties,
including, without limitation, statements regarding the future plans and
objectives of Cathay Forest. Actual results and future events could differ
materially from those anticipated in such statements. Except as required under
applicable securities laws, Cathay Forest assumes no obligation to update
forward-looking statements should circumstances or management's estimates or
opinions change.

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