NASHVILLE, Tenn.--(BUSINESS WIRE)--Nov. 28, 2007--Louisiana-Pacific Corporation (LP)(NYSE:LPX) announced today that it has promoted Philip Shoults to vice president, Oriented Strand Board (OSB) sales and marketing.

Shoults, 40, has spent his 16-year career in the forest products industry, joining LP from Temple-Inland in 1998. He has held positions in LP's OSB business as mill manager, Southern Region operations manager, and most recently as director of OSB sales and marketing. Shoults is a Cum Laude graduate of the School of Forestry at Stephen F. Austin State University where he earned his degree in Forest Products and Wood Science with a second emphasis on Forest Management.

Jeff Wagner, executive vice president, OSB, said, "Philip's promotion to vice president recognizes both his accomplishments as director of sales and marketing, and the key role sales and marketing plays in our strategic focus on growth and profitability of the business."

As vice president of sales and marketing for LP's largest business, Shoults will be responsible for annual sales of more than 6 billion square feet of OSB products. LP manufactures commodity and value-added OSB products including OSB sheathing, LP TopNotch(R) Sub-Flooring products, and LP TechShield(R) Radiant Barrier.

LP, headquartered in Nashville, Tenn., is a premier supplier of building products, manufacturing innovative, sustainable, high-quality commodity and specialty products to its retail, wholesale, homebuilding and industrial customers. Visit LP's Web site at www.lpcorp.com for additional information on the company.

CONTACT: Louisiana-Pacific Corporation, Nashville
Media Relations:
Mary Cohn, 615-986-5886

SOURCE: Louisiana-Pacific Corporation