Stella-Jones Signs Letter of Intent to Acquire the Wood Treating Facilities of Boatright Railroad Products

Stella-Jones Inc. (TSX:SJ) today announced that it has signed a non-binding
letter of intent to acquire the wood treating facilities of Boatright Railroad
Products, Inc. ("Boatright") located in Montevallo and Clanton, Alabama.
Boatright manufactures, sells and distributes creosote and borate-treated
crossties as well as switch ties, tie plugs and bridge timbers to railroad
operators.


The transaction, if finalized, is expected to close during the latter part of
the second quarter of 2014 and is subject to customary closing conditions,
including signature of a definitive asset purchase agreement and satisfactory
due diligence. Stella-Jones plans to finance the transaction through existing
credit facilities.


ABOUT STELLA-JONES 

Stella-Jones Inc. (TSX:SJ) is a leading producer and marketer of pressure
treated wood products. The Company supplies North America's railroad operators
with railway ties and timbers, and the continent's electrical utilities and
telecommunication companies with utility poles. Stella-Jones also provides
residential lumber to retailers and wholesalers for outdoor applications, as
well as industrial products for construction and marine applications. The
Company's common shares are listed on the Toronto Stock Exchange.


Except for historical information provided herein, this press release contains
information and statements of a forward-looking nature concerning the proposed
acquisition described herein. These statements are based on suppositions, risks
and uncertainties as well as on management's best possible evaluation of future
events. Such risks and uncertainties include, without excluding other
considerations, satisfactory completion of due diligence, satisfaction of other
closing conditions and failure to complete the proposed acquisition for any
other reason. As a result, readers are advised that actual results may differ
from expected results and should not place undue reliance on forward-looking
information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Source:
Stella-Jones Inc.


Contacts: Eric Vachon, CPA, CA
Senior Vice-President and Chief Financial Officer
Tel.: (514) 940-3903
evachon@stella-jones.com


Martin Goulet, CFA
MaisonBrison Communications
Tel.: (514) 731-0000
martin@maisonbrison.com

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