Posted in Acquisitions on 09/26/11 Molpus Woodlands Group Announces the Closing of 26,500 acres of Timberland in Georgia and Virginia Jackson, Mississippi – The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, has announced today, on behalf of a client, the successful purchase of approximately 26,500 acres of timberland located in Georgia and Virginia. The timberland, located in Liberty and Long Counties in Georgia, and Greensville, Sussex and Southhampton Counties in Virginia, consists mainly of southern pine timberland. Molpus currently manages approximately 22,000 acres in Georgia and Virginia. This transaction is the second acquisition for Molpus’s third co-mingled fund. “This property has exceptional timber growth potential and has been well-managed,” says Molpus Woodlands Group President, Dick Molpus. “We are pleased to expand our existing operations in these areas. We intend to continue the proven and sustainable practices of the past, while seeking new and creative opportunities to maximize the investment’s long-term return potential.” The fund, which closed in May of 2011 at approximately $439 million, is made up of U.S. and international investors, including corporate and public retirement systems, university endowments, foundations, and private investors. Molpus currently has over one million acres of timberland under management located in fifteen states. The Molpus Woodlands Group, LLC, a Registered Investment Advisor, was founded in 1996 as a Timber Investment Management Organization (TIMO) and has a company legacy dating back to 1905. With its sister operating company, Molpus Timberlands Management, LLC (collectively, Molpus), Molpus is one of the oldest timber-related companies in the nation, with experience in all facets of timber management, manufacturing, and marketing. Molpus is one of the few TIMOs that have all of their core businesses and forestry functions handled or supervised by in-house experts. Molpus employs seventy-three people in its fifteen offices located in Alabama, Arkansas, Kentucky, Louisiana, Michigan, Mississippi, New York, and Oklahoma. Molpus acquires, manages, and sells timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies, and high net-worth individual investors. The company focuses on ensuring long-term optimum cash returns on investments while practicing responsible forest stewardship. For more information, visit http://www.molpus.com/.