NORBORD (NBRXF: US $26.14 rated Overweight from with US $42 up from $36 price target) LOWER 2014 AND 2015 EARNINGS ESTIMATES DUE TO LOWER OSB PRICES; NPV IMPROVES FROM LOWER OPERATING COST ESTIMATES BOTH IN NORTH AMERICAN AND EUROPEAN SEGMENTS. 5/15/2014

NORBORD (NBRXF: US $26.14 rated Overweight from with US $42 up from $36 price
target) LOWER 2014 AND 2015 EARNINGS ESTIMATES DUE TO LOWER OSB
PRICES; NPV IMPROVES FROM LOWER OPERATING COST ESTIMATES BOTH
IN NORTH AMERICAN AND EUROPEAN SEGMENTS. 5/15/2014