HTB Highland Timber

    Highland Timber plc                              

The Company was informed yesterday by Mr Oliver Waring, a director of the
Company, in accordance with section 324 of the Companies Act 1985, of the
following transaction in the Company's ordinary 50 pence shares:

A trust in which Mr Waring has the life interest acquired 1,000 ordinary 50p
shares in the Company at a price of 72p per share on 28 February 2007.

Following this transaction, Mr Waring has a beneficial interest in 2,941,000
Ordinary 50 pence shares, representing 24.98% of the issued share capital.

1 March 2007



END

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