Article: Asia Pacific Announces Extension of Warrants and Mailing of Offer and Directors' Circulars

TORONTO, ONTARIO--(CCNMatthews - April 20, 2006) - Asia Pacific Resources Ltd. announces that it has received conditional approval from the Toronto Stock Exchange to extend the expiry date of its outstanding share purchase warrants and broker warrants from May 26 to July 26, 2006. The extension does not apply to warrants held by Olympus Capital Holdings Asia I, L.P. which owns approximately 46.4% of the outstanding shares of Asia Pacific and warrants to acquire approximately 27.8 million common shares.

On March 17, 2006 Asia Pacific announced that it had entered into a pre-acquisition agreement with SRMT Holdings Limited (the "Offeror"). The Offeror is an indirect wholly-owned subsidiary of ...

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