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LIST OF ADHERING PARTIES FOR 2008 TEMBEC CDS PROTOCOL
This list of entities adhering to the 2008 Tembec CDS Protocol is set forth below by alphabetic order.


LAST UPDATED:  September 26, 2008 NO. OF ADHERING PARTIES: 321

PARTICIPANT
SUBMISSION DATE OF MOST RECENT LETTER
Aberdeen Asset Management Inc.September 25, 2008
ABN AMRO Bank N.V.September 25, 2008
ADAR Investment Fund LtdSeptember 18, 2008
ADI- ALTERNATIVE INVESTMENTS, acting on behalf of the funds and accounts listed in the relevant Master Agreement between it and another Adhering PartySeptember 18, 2008
AIG Financial Products Corp.September 24, 2008
Allen Investment ManagementSeptember 22, 2008
AllianceBernstein L.P.September 18, 2008
Alphadyne Asset Management, LLCSeptember 22, 2008
AOZORA BANK,LTD.September 24, 2008
Apollo Special Opportunities Managed Account, L.P.September 25, 2008
Apollo Strategic Value Master Fund, L.P.September 25, 2008
Apollo Value Investment Master Fund, L.P.September 25, 2008
Appaloosa Management L.P.September 19, 2008
Aristeia International LimitedSeptember 26, 2008
Aristeia Partners, L.P.September 26, 2008
Aristeia Special Investments Master, L.P.September 26, 2008
ATLAS MASTER FUND,LTD.September 26, 2008
Aviva Life and Annuity CompanySeptember 22, 2008
AvQuaest Capital Master Fund, Ltd.September 22, 2008
Babson Capital Management LLCSeptember 25, 2008
Balestra Spectrum Partners, LLCSeptember 26, 2008
BANCA IMI S.p.A.September 19, 2008
Bank of America, N.A.September 24, 2008
Bank of MontrealSeptember 26, 2008
Barclays Bank PlcSeptember 22, 2008
Barclays Global Fund Advisors, acting on behalf of MIP CoreAlpha Bond Master Portfolio in the capacity of investment advisorSeptember 26, 2008
Barclays Global Investors, N.A., acting as trustee or investment manager for various funds and accountsSeptember 26, 2008
Basso Capital Management, L.P.September 17, 2008
Bayerische Hypo- und Vereinsbank AGSeptember 24, 2008
BBT Fund, L.P.September 22, 2008
BDC Finance, L.L.C.September 25, 2008
Bear Stearns Credit Products Inc.September 19, 2008
Bear Stearns Structured Risk Partners Master Fund, LtdSeptember 26, 2008
Bear, Stearns International LimitedSeptember 19, 2008
BH Finance LLCSeptember 26, 2008
Black River Asset ManagementSeptember 26, 2008
BlackRock IncSeptember 26, 2008
BlueCrest Strategic LimitedSeptember 18, 2008
BlueMountain Capital Management, LLCSeptember 18, 2008
BNP ParibasSeptember 17, 2008
Brookdale Global Opportunity FundSeptember 26, 2008
Brookdale International Partners, LPSeptember 26, 2008
C P Management, LLCSeptember 26, 2008
CAISSE DE DEPOT ET PLACEMENT DU QUEBECSeptember 26, 2008
CALYONSeptember 22, 2008
Camulos Capital LPSeptember 24, 2008
CANADIAN IMPERIAL BANK OF COMMERCESeptember 17, 2008
Canyon Capital Advisors LLCSeptember 19, 2008
CAP Fund, L.P.September 22, 2008
Carlson Capital, LPSeptember 17, 2008
CASAM ADI CB ARBITRAGE FUND LIMITEDSeptember 26, 2008
Catalyst Credit Opportunity Master Fund, Ltd.September 25, 2008
CCM Master Qualified Fund, Ltd.September 26, 2008
Citadel Equity Fund Ltd.September 24, 2008
Citibank CanadaSeptember 18, 2008
Citibank, N.A.September 18, 2008
Citigroup Financial Products Inc.September 18, 2008
Citigroup Global Markets LimitedSeptember 18, 2008
Coast Troob Strategy Investments Ltd.September 19, 2008
Cohen & Company Securities, LLCSeptember 24, 2008
Commerzbank AktiengesellschaftSeptember 19, 2008
CQS Directional Opportunities Master Fund LimitedSeptember 19, 2008
Credit Industriel et Commercial (CIC)September 18, 2008
CREDIT SUISSE CREDIT STRATEGIES MASTER FUND, LTD.September 25, 2008
CREDIT SUISSE INTERNATIONALSeptember 18, 2008
Credit Suisse Management LLCSeptember 18, 2008
CREDIT SUISSE SECURITIES (EUROPE) LIMITEDSeptember 18, 2008
Credit Suisse Securities(USA)LLCSeptember 18, 2008
Credit Suisse, Cayman Islands BranchSeptember 18, 2008
CTC Master Fund LtdSeptember 26, 2008
Cyrus Capital Partners, LPSeptember 25, 2008
D.E. Shaw Laminar Portfolios, L.L.C.September 23, 2008
D.E. Shaw Oculus Portfolios, L.L.C.September 23, 2008
D.E. Shaw Valence Portfolios, L.L.C.September 23, 2008
Dalton CDO, Ltd.September 25, 2008
DB Zwirn and Co., L.P.September 26, 2008
DBS Bank LtdSeptember 19, 2008
DBSO Corporates Ltd.September 22, 2008
Deutsche Bank AGSeptember 22, 2008
Drawbridge Global Macro Master Fund LtdSeptember 23, 2008
Dresdner Bank AGSeptember 25, 2008
Durham Asset ManagementSeptember 26, 2008
Dwight Asset Management Company LLCSeptember 26, 2008
DWS Investment S.A.September 26, 2008
Dynamic Credit Opportunities II Master Fund, Ltd.September 22, 2008
Edge Asset Management, a subsidiary of Principal Financial GroupSeptember 18, 2008
Eidesis Capital Master Fund, Ltd.September 24, 2008
Eidesis Synthetic Market Opportunities, Ltd.September 24, 2008
Eidesis Synthetic Opportunities Fund, II, Ltd.September 24, 2008
Eidesis Synthetic Opportunities Fund, Ltd.September 24, 2008
Ellington Management Group, LLCSeptember 26, 2008
Elliott Associates, L.P.September 24, 2008
Elliott International, L.P.September 24, 2008
Erste Group Bank AGSeptember 26, 2008
ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H.September 26, 2008
FAF Advisors, Inc. September 19, 2008
FFI Fund Ltd.September 25, 2008
FirstRand (Ireland) plcSeptember 22, 2008
Fort Washington Fixed Income Alpha LLCSeptember 22, 2008
Fortis Investments Management Belgium SA/NVSeptember 18, 2008
Foxhill Capital Partners, LLCSeptember 19, 2008
FrontPoint Relative Value Opportunities Fund, L.P.September 26, 2008
FrontPoint Volatility Opportunities Fund, L.P.September 26, 2008
FYI Ltd.September 25, 2008
GEODE CAPITAL MANAGEMENT LP,September 26, 2008
Global Investment AdvisorsSeptember 26, 2008
GMO Completion Fund Master PortfolioSeptember 23, 2008
GMO Mean Reversion Fund (Onshore)September 23, 2008
Goldman Sachs Asset Management L.P.September 25, 2008
Goldman Sachs Capital Markets, L.P.September 19, 2008
Goldman Sachs InternationalSeptember 19, 2008
Government of Singapore Investment Corporation Pte LtdSeptember 26, 2008
Gracie Credit Opportunities Master Fund, LPSeptember 17, 2008
Greywolf Capital Overseas FundSeptember 18, 2008
Greywolf Capital Partners II LPSeptember 18, 2008
Greywolf Structured Products Master Fund, Ltd.September 18, 2008
GS INVESTMENT STRATEGIES, LLCSeptember 25, 2008
GSO Credit Opportunities Fund (Helios), L.P.September 24, 2008
GSO Special Situations Fund LPSeptember 24, 2008
GSO Special Situations Overseas Master Fund Ltd.September 24, 2008
H Partners Management LLCSeptember 23, 2008
Halcyon Structured Asset Management L.P.September 19, 2008
Hartfield Fund LtdSeptember 25, 2008
HBK Master Fund L.P.September 25, 2008
Her Majesty The Queen In Right Of AlbertaSeptember 23, 2008
Highbridge International LLCSeptember 22, 2008
Highfields Capital Management LPSeptember 26, 2008
Highland Capital Management, L.P.September 23, 2008
Hospitals of Ontario Pension Plan Trust FundSeptember 25, 2008
HSBC Bank USA, National AssociationSeptember 25, 2008
Hyperion Brookfield Asset Management, Inc.September 26, 2008
III Offshore AdvisorsSeptember 24, 2008
Ilmarinen Mutual Pension Insurance CompanySeptember 18, 2008
ING Bank N.V.September 23, 2008
ING Investment Management Co.September 18, 2008
ING Investment Management Co., as Agent for ING Investments, LLCSeptember 18, 2008
ING Investment Management Co., as Agent for ING Life Insurance and Annuity CompanySeptember 18, 2008
ING Investment Trust Co.September 18, 2008
Institutional Benchmarks Series (Master Feeder) Ltd., solely with respect to the Muscida seriesSeptember 26, 2008
Intesa Sanpaolo SpA, New York BranchSeptember 17, 2008
Investcorp Silverback Arbitrage Master Fund LimitedSeptember 22, 2008
J.P. Morgan Investment Management IncSeptember 26, 2008
JABCAP MULTI STRATEGY MASTER FUND LTDSeptember 26, 2008
JCAM Bahamas Limited in its capacity as General Partner on behalf of JCAM Global Fund (Master)LPSeptember 18, 2008
J-INVEST LTDSeptember 26, 2008
JMG Capital Management, LLCSeptember 22, 2008
JPMorgan Chase Bank, N.A.September 26, 2008
JPMorgan Chase Bank, National AssociationSeptember 19, 2008
Julius Baer Global High Income FundSeptember 26, 2008
KALLISTA MASTER FUND LIMITEDSeptember 18, 2008
KBC Financial Products (Cayman Islands) Ltd.September 18, 2008
Kenmont Special Opportunities Master Fund, L.P.September 24, 2008
KKR Financial Holdings III, LLCSeptember 19, 2008
KKR Strategic Capital Management, L.L.C.September 19, 2008
Landesbank Baden-WurttembergSeptember 18, 2008
Lehman Brothers Asset ManagementSeptember 19, 2008
Lloyds TSB Bank PLCSeptember 22, 2008
London Diversified Fund LimitedSeptember 23, 2008
London Select Fund LimitedSeptember 23, 2008
Longacre Capital Partners (QP), L.P. By Longacre Management LLC, Its General PartnerSeptember 18, 2008
Longacre Master Fund, LtdSeptember 18, 2008
Luminus Energy Partners Master Fund, Ltd.September 25, 2008
Luxor Capital Group, LPSeptember 18, 2008
Lydian Global Opportunities Master Fund LtdSeptember 19, 2008
Lydian Overseas Partners Master Fund, LtdSeptember 19, 2008
Lyrical Opportunity Partners II LPSeptember 25, 2008
Lyrical Opportunity Partners II LTDSeptember 25, 2008
Lyxor Catalyst Credit Opportunity Fund, Ltd.September 25, 2008
Lyxor/Canyon Capital Arbitrage Fund, LtdSeptember 22, 2008
Lyxor/Canyon Value Realization Fund, LtdSeptember 22, 2008
Lyxor/Mohican Convertible Arbitrage Fund LimitedSeptember 18, 2008
MAN GALILEO INVESTMENT MANAGEMENT LTD, as Investment/ Asset Manager, acting on behalf of the MAN GALILEO ARBITRAGE LTD fundSeptember 17, 2008
Man Mac Miesque 10B LtdSeptember 24, 2008
Marathon Asset Management, LLCSeptember 24, 2008
Mariner LDCSeptember 22, 2008
Mariner-Credit Risk Advisors Master Fund, L.P.September 22, 2008
Mariner-Tricadia Credit Strategies Master Fund, Ltd.September 22, 2008
Marret Asset Management Inc.September 18, 2008
Merrill Lynch Capital Services, INCSeptember 18, 2008
Merrill Lynch InternationalSeptember 18, 2008
Microsoft CorporationSeptember 17, 2008
Miesque Fund LimitedSeptember 24, 2008
Millennium Partners, L.P.September 23, 2008
Mizuho Alternative Investments, LLC acting As investment advisor for Wind Credit Arbitrage FundSeptember 17, 2008
Mohican VCA Master Fund, LtdSeptember 19, 2008
Moore Capital Management, LLCSeptember 26, 2008
Mooring Capital Fund, LLCSeptember 23, 2008
Morgan Stanley & Co. International plcSeptember 22, 2008
Morgan Stanley Capital Services Inc.September 22, 2008
Morgan Stanley Credit Products Ltd.September 22, 2008
Morgan Stanley Investment Advisors, Inc.September 26, 2008
Morgan Stanley Investment Management, Inc.September 26, 2008
Morley Fund Management LimitedSeptember 25, 2008
National Bank of CanadaSeptember 25, 2008
NATIXISSeptember 25, 2008
NATIXIS FINANCIAL PRODUCTS INC.September 18, 2008
Nektar Asset ManagementSeptember 23, 2008
NISSWA MASTER FUND LTD.September 19, 2008
NMS Services (Cayman) Inc.September 26, 2008
Nomura Corporate Research and Asset Management, Inc.September 25, 2008
Nomura International plcSeptember 22, 2008
North Pole Capital Master FundSeptember 23, 2008
Novator Credit Opportunities Master FundSeptember 24, 2008
OCH-ZIFF CAPITAL STRUCTURE ARBITRAGE MASTER FUND, LTD.September 22, 2008
Olifant Fund, Ltd.September 25, 2008
OppenheimerFunds, Inc.September 24, 2008
OWL CREEK ASSET MANAGEMENT, L.P.September 24, 2008
OZ Master Fund, Ltd.September 22, 2008
PACAFIC MADRONE MASTER FUND LPSeptember 26, 2008
Pacific Assets Management, LLCSeptember 22, 2008
Pacific Investment Management Company LLCSeptember 22, 2008
Pantera Capital Management LPSeptember 19, 2008
PARAMAX CAPITAL SERVICES, LLCSeptember 26, 2008
PARKCENTRAL GLOBAL HUB LIMITEDSeptember 24, 2008
Partners in Prophet, Ltd.September 19, 2008
Pentwater Credit Partners Fund, Ltd.September 22, 2008
Pines Edge Value Investors L.P.September 23, 2008
Pines Edge Value Investors LTDSeptember 23, 2008
Plainfield Direct Inc.September 19, 2008
Plainfield Special Situations Master Fund LimitedSeptember 19, 2008
Polygon Global Opportunities Master FundSeptember 26, 2008
President and Fellows of Harvard CollegeSeptember 22, 2008
Protective Life CorporationSeptember 19, 2008
Provident Premier Master Fund Ltd.September 22, 2008
Prudential Investment Management, Inc.September 22, 2008
Putnam Fiduciary Trust CompanySeptember 25, 2008
Putnam Investment Management, LLCSeptember 25, 2008
Q Opportunity Fund, Ltd.September 25, 2008
queenslandicSeptember 25, 2008
Quintessence Fund LPSeptember 25, 2008
QVT Fund LPSeptember 25, 2008
Resevoir Master Fund, L.P.September 18, 2008
Resolution Partners, LLCSeptember 18, 2008
Restoration Captial Management LLCSeptember 17, 2008
Robeco N.V.September 24, 2008
Rockview Management LLCSeptember 26, 2008
Rothorn Fund LimitedSeptember 26, 2008
Royal Bank of CanadaSeptember 18, 2008
Sankaty Advisors, LLCSeptember 19, 2008
Satellite Advisors, L.L.C.September 19, 2008
Satellite Asset Management, L.P.September 19, 2008
Scoggin Worldwide Fund, Ltd.September 26, 2008
Serengeti Asset Management LPSeptember 22, 2008
Smith Breeden Associates, IncSeptember 26, 2008
Societe GeneraleSeptember 19, 2008
SOF Investments, L.P.September 19, 2008
Solent Credit Opportunities Master FundSeptember 19, 2008
Spinnaker Global Emerging Markets FundSeptember 18, 2008
Spinnaker Global Opportunity FundSeptember 18, 2008
Spinnaker Global Strategic FundSeptember 18, 2008
SRI Fund, L.P.September 22, 2008
Standard Pacific Asymmetric Opportunities Master Fund, Ltd.September 26, 2008
STARK CRITERION MASTER FUND LTD.September 23, 2008
STARK MASTER FUND LTD.September 23, 2008
State Street Bank and Trust Company as trustee for the GMAM Goup Pension TrustISeptember 26, 2008
Stichting Pensioenfonds ABPSeptember 24, 2008
Stone Harbor Investment Partners L.P.September 26, 2008
Strongbow Fund Ltd.September 25, 2008
Sunrise Partners Limited PartnershipSeptember 18, 2008
Swiss Re Financial Products CorporationSeptember 24, 2008
Taconic Capital Advisors LPSeptember 22, 2008
Tamalpais Global Partners Master Fund LTD.September 25, 2008
TCM Spectrum Fund (Offshore) LtdSeptember 17, 2008
Telluride Capital Master Fund LTDSeptember 19, 2008
Tenor Opportunity Master Fund, Ltd.September 23, 2008
Tetragon Financial Group Master Fund LimitedSeptember 26, 2008
TEWKSBURY INVESTMENT FUND LTD.September 24, 2008
The Altar Rock Fund, L.P.September 25, 2008
The Bank of Nova ScotiaSeptember 25, 2008
The Bill & Melinda Gates Foundation TrustSeptember 22, 2008
The Coast Fund, L.P.September 19, 2008
THE PUTNAM ADVISORY COMPANY, LLCSeptember 25, 2008
The Raptor Global Portfolio LtdSeptember 26, 2008
The Royal Bank of Scotland PlcSeptember 23, 2008
The Toronto-Dominion BankSeptember 24, 2008
The Tudor BVI Global Portfolio L.P.September 25, 2008
THIRD AVENUE SPECIAL SITUATIONS (MASTER)FUND, L.P. Third Avenue Opportunity Management LLC, its General Partner Third Avenue Management LLC, its Managing MemberSeptember 18, 2008
Tiden Core Master Fund LimitedSeptember 18, 2008
Tiden Destiny Master Fund LimitedSeptember 18, 2008
Tiptree Financial Partners, L.P.September 26, 2008
Traxis Partners GP LLCSeptember 24, 2008
Tredje AP-fondenSeptember 18, 2008
Tricadia Distressed and Special Situations Master Fund, Ltd. September 22, 2008
TRIMARK FLOATING RATE INCOME FUNDSeptember 24, 2008
TUDOR FAMILY FUND II LLCSeptember 25, 2008
TUDOR FUTURES FUNDSeptember 25, 2008
TUDOR GLOBAL EMERGING MARKETS CREDIT PORTFOLIO L.P.September 25, 2008
TUDOR GLOBAL EMERGING MARKETS PORTFOLIO L.P.September 25, 2008
TUDOR PROPRIETARY TRADING, L.L.C.September 25, 2008
TUDOR TENSOR PORTFOLIO LTD.September 25, 2008
UBS (Lux) Bond Sicav September 26, 2008
UBS AGSeptember 23, 2008
UBS GLOBAL ASSET MANAGEMENT (AMERICAS) INC.September 26, 2008
UBS GLOBAL ASSET MANAGEMENT (AMERICAS) INC. acting on behalf of MFS Diversified Target Return FundSeptember 26, 2008
UBS Global Asset Management (UK) LTDSeptember 25, 2008
UBS Institutional Fund Management Company S.A.September 26, 2008
UBS LimitedSeptember 23, 2008
UBS O'Connor LLC FBO O'Connor Trading Value Master LimitedSeptember 26, 2008
Unbridled Energy, LtdSeptember 19, 2008
Van Kampen Asset ManagementSeptember 26, 2008
Venor Capital Management LPSeptember 26, 2008
VGE III Portfolio Ltd.September 18, 2008
Viking Global Equities II LPSeptember 18, 2008
Viking Global Equities LPSeptember 18, 2008
Visium Asset Management, LLCSeptember 23, 2008
VR Global Partners, L.P.September 26, 2008
Wachovia Bank, National AssociationSeptember 23, 2008
Watershed Capital Institutional Partners, L.P.September 26, 2008
Watershed Capital Partners (Offshore), LtdSeptember 26, 2008
Watershed Capital Partners, L.P. September 26, 2008
Waterstone Market Neutral Mac51 Fund, LtdSeptember 18, 2008
Waterstone Market Neutral Master Fund, LtdSeptember 18, 2008
Wave Master Fund, LPSeptember 18, 2008
Wellington Management Company, LLPSeptember 26, 2008
Wells Fargo Bank, N.A.September 19, 2008
West Side AdvisorsSeptember 26, 2008
Western Asset Management CompanySeptember 23, 2008
Western Investment LLCSeptember 26, 2008
WestLB AGSeptember 23, 2008
Xaraf Capital Master Fund L.P.September 25, 2008
Zais Opportunity Master Fund, LtdSeptember 26, 2008