26 September 2011

Cambium Global Timberland Limited (the "Company")

Transaction in Own Shares

Cambium Global Timberland Limited announces that, pursuant to its authority granted by shareholders of the Company to make market purchases of its own shares on 4 October  2010, the Company on 23 September 2011 purchased 450,000 ordinary shares for cancellation at a price of 54.25 pence per share.

Following the cancellation of these shares the Company will have 102,980,000 ordinary shares in issue.

For further enquires please contact:

Investment Manager

CP Cogent Asset Management

Rich Standeven / Matt Haertzen

+ 1 214 871 5400

Broker

Matrix Corporate Capital LLP

Paul Fincham / Jonathan Becher

+ 44 (0) 20 3206 7000

Nominated Adviser

PricewaterhouseCoopers LLP

Melville Trimble / Krysia Sturgeon

+ 44 (0) 20 7213 8898 / + 44 (0) 20 7212 5504