0001104659-07-015101 Sample Contracts

FIRST AMENDMENT AGREEMENT
Credit Agreement • March 1st, 2007 • Louisiana-Pacific Corp • Lumber & wood products (no furniture) • Ontario

This FIRST AMENDMENT AGREEMENT is entered into as of February 23, 2007, among LOUISIANA-PACIFIC LIMITED PARTNERSHIP, by its General Partner, 3047525 NOVA SCOTIA COMPANY (“LP-LP”), LOUISIANA-PACIFIC CANADA LTD. (“LP Canada”) (LP-LP and LP Canada together the “Borrowers”), as borrowers, LOUISIANA-PACIFIC CORPORATION, (the “Parent Guarantor”), as guarantor, the lenders from time to time party to the Credit Agreement (as defined below) (collectively, the “Lenders”), and BANK OF AMERICA, N.A. acting through its Canada branch (the “Administrative Agent”), as administrative agent.

Attention: Curt Stevens, Executive Vice President and C.F.O. Dear Mr. Stevens:
Credit Facility Agreement • March 1st, 2007 • Louisiana-Pacific Corp • Lumber & wood products (no furniture) • British Columbia

We are pleased to offer the credit facility described below (the “Credit Facility”), subject to the following terms and conditions. This agreement supersedes and cancels our letter agreement dated June 14, 2006 (the “Cancelled Credit Facility”). Any amount owing by the Borrower to Bank under the Cancelled Credit Facility is deemed to be a Borrowing under the Credit Facility.