Corporate Profile:

Boise Cascade
Office Products



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With
worldwide
total sales
of U.S.
$7.0 billion,
the
company is
now ranked
252 in the
Fortune 500
and owns
and
manages
over 2 million
acres of
timberland

US Company Background

1www.boiseoffice.com/about/history.shtml
2www.ministryblue.com/office.html
Boise Cascade Corporation (BCC) was formed in 1957 from a merger between Boise Payette Lumber Company of Boise, Idaho and the Cascade Lumber Company of Yakima, Washington1. With worldwide total sales of U.S. $7.0 billion, the company is now ranked 252 in the Fortune 500 and owns and manages over 2 million acres of timberland2.

3www.focusonfinance.org/Boisecascade.htm

BCC Shareholders

The following table shows all shareholders owning more than 1% of the BC shares.

Major shareholders of Boise Cascade Corporation

ShareholderCountryShareholding%
Forstmann-Leff Associates Inc.United States$282.782.48914,978%
Dodge & Cox, Inc.United States$136.030.5047,205%
The Prudential Insurance Co. of AmericaUnited States$126.742.6306,713%
Franklin Mutual Advisers LlcN/A$102.421.6855,425%
Franklin Mutual Advisers, Inc.United States$93.365.9354,945%
State Street Bank and Trust Co. BostonUnited States$86.299.9474,571%
Putnam Investment ManagementUnited States$82.047.5654,346%
Merrill Lynch Investment Managers (NJ)United States$67.478.4443,574%
Barclays Global Investors, N.A.United States$58.265.0913,086%
Jennison Associates LLCUnited States$46.167.5972,445%
Bernstein Investment Research & MgmtUnited States$42.662.8572,260%
Morgan Stanley Dean Witter Invt (UK)England$38.615.2992,045%
Luther King Capital ManagementUnited States$38.160.9312,021%
Van KampenUnited States$35.504.7971,881%
Dimensional Fund Advisors, Inc.United States$33.325.1601,765%
The Vanguard GroupUnited States$30.991.9381,642%
Prudential InvestmentsUnited States$26.861.0011,423%
George J. HaradUnited States$25.148.7071,332%
Peregrine Capital Management, Inc.United States$24.499.9201,298%
Trusco Capital Management Inc.United States$23.483.2391,244%3

4www.boiseoffice.com/about/history.shtml
5www.key.com/b2b/suppliers_boise.html
6www.bc.com/office/office.html

Company Description

Boise Cascade Office Products (BCOP) is a multi-national, business to business distributor of office products and is a wholly-owned subsidiary of BCC.

BCC's expansion into the office products industry commenced in 1964 with the creation of Boise Office Solutions4. In 1995 Boise Cascade Office Products (BOP on the New York Stock Exchange) was created by BCC to act as a separate, publicly traded company, but with the majority of the stock remaining in the hands of the BCC. In 2000 Boise Cascade Office Products again became a wholly-owned subsidiary of BCC, and was listed on the New York Stock Exchange as BCOP.

BCOP has 63 distribution centres, 2 outbound telesales centres and 4 customer service centres. It also operates over 100 retail stores in the United States (including Hawaii), Canada, Australia and New Zealand. BCOP provides its customers with a large range of items including office supplies, paper, computer supplies, and office furniture5. BCOP specialises in selling products directly to corporate, government, and small and medium-sized offices:

    Customers with more than one location often have national contracts that provide consistent pricing and product offerings, as well as summary billing, usage reports, and other special services6.

7www.team-worx.com/ebs/
pages/historical_highlights.htm

Xerox's connection to Boise Cascade Office Products

1998...Xerox aligns with nation's leading office product suppliers; U.S. Office Products, Office Depot, Boise Cascade Office Products, Corporate Express and Staples to offer Xerox paper and supplies.7

8www.informationweek.com/733/market2.htm

OrderZone

Next week, W.W. Grainger Inc., a $4.3 billion industrial-supply distributor in Lincolnshire, Ill., will launch OrderZone.com, a Web marketplace that will sell a variety of business products and services from Corporate Express, VWR Scientific, and others... And in late March, procurement software vendor Commerce One Inc. unveiled MarketSite.net to let companies buy non-production supplies online from suppliers such as Boise Cascade Office Products, Factory Direct, Graybar, and Office Depot.8