Notification of Holding(s)

18 May 2011

Cambium Global Timberland Limited (the "Company")

Notification of Holdings

Cambium Global Timberland Limited has received notification today from Artemis Investment Management LLP that on 12 May 2011 they increased their holding to 5,576,286 ordinary shares representing 5.36% of the issued share capital of the Company.

For further enquires please contact:

Investment Manager

CP Cogent Asset Management

Rich Standeven / Matt Haertzen

+ 1 214 871 5400

Broker

Matrix Corporate Capital LLP

Paul Fincham / Jonathan Becher

+ 44 (0) 20 3206 7000

Nominated Adviser

PricewaterhouseCoopers LLP

Melville Trimble / Krysia Sturgeon

+ 44 (0) 20 7213 8898 / + 44 (0) 20 7212 8898