American Timberlands acquires 12,000 acres in South Carolina; Pawleys Island-based company says it aims to invest up to US$100M in high quality forestland in South Carolina, adjoining states

PAWLEYS ISLAND, South Carolina , April 6, 2012 (press release) – Expects to invest as much as $100 million in high quality forestland in South Carolina and adjoining states

American Timberlands Company (ATC), a land investment management organization with offices in Columbia, South Carolina and Pawleys Island, South Carolina, announced today, on behalf of ATC's American Timberlands Fund II, LP, the successful purchase of approximately 12,000 acres of high value forestland located in South Carolina.

The forestland is comprised of 3 tracts located in Edgefield, Jasper and Kershaw Counties in South Carolina and is clearly representative of ATC's holistic, value-adding investment strategy. ATC currently manages approximately 60,000 acres in South Carolina including 20,000 acres in Horry County purchased in 2008. These transactions are the first acquisitions for American Timberlands Fund II, LP which closed in December 2011 and expects to invest as much as $100 million in high quality forestland in South Carolina and adjoining states.

"ATC's land investment/management strategy is as sound in today's economy as ever. Our investors have grown accustomed to a more holistic land investment/management strategy that consistently adds value over the life of the investment and results in higher rates of return than traditionally managed timberland investments," said Tom Rowland, American Timberlands Company President and CEO. "Surely we are witnessing the land investment opportunity of a generation."

AMERICAN TIMBERLANDS COMPANY, ("ATC") is a vertically integrated land investment management firm organized for the purpose of originating and managing forestland investments with diverse value attributes. ATC's clients, partners, and investors which include pension funds, private equity funds and high net worth individuals recognize that, with the right management expertise, low risk, high quality forestland investments can yield higher returns than ordinary timberland investments.

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