CFZ Cathay Forest Products Corp

Cathay Forest Products Corp. (TSX VENTURE:CFZ) ("Cathay Forest" or the
"Company") announces that Mr. Raymond Lo has resigned effective March 31, 2011
from the board of directors of the Company. The directors and management of
Cathay Forest would like to thank Mr. Lo for his contribution to Cathay Forest
and wishes him the best in his future endeavours.


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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