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Temple-Inland Inc. Withdraws From NYSE Arca
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Austin, Texas, USA, 29 November 2006 -- (BUSINESS WIRE)-- Temple-Inland Inc. (NYSE:TIN) today announced that it plans to voluntarily withdraw its securities from listing on NYSE Arca, Inc., formerly the Pacific Exchange. The company's securities will continue to be listed on the New York Stock Exchange.

The decision to voluntarily withdraw listing from NYSE Arca, Inc. was made to eliminate duplicative administrative requirements inherent with dual listings as a result of the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca. NYSE Arca will continue trading the securities on an unlisted trading privilege basis.

Temple-Inland Inc. operates four business segments: corrugated packaging, forest products, real estate, and financial services. The company's 2.0 million acres of forestland are certified as managed in compliance with ISO 14001 and in accordance with the Sustainable Forestry Initiative(R) (SFI) Standard of the Sustainable Forestry Board to ensure forest management is conducted in a scientifically sound and environmentally sensitive manner. Temple-Inland's common stock (TIN) is traded on the New York Stock Exchange. Temple-Inland's address on the World Wide Web is www.templeinland.com.

 

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