Jewett-Cameron Trading Company Ltd. Authorizes 16% Share Repurchase Plan

Jewett-Cameron Trading Company Ltd. JCTCF today is pleased to announce that its Board of Directors has authorized the implementation of a share repurchase plan to purchase for cancellation up to 300,000 common shares through facilities of the NASDAQ Stock Market. This amount represents approximately 16% of the approximately 1.9 million common shares outstanding. During 2010 and 2011, the Company repurchased 532,520 shares under prior formal plans of repurchase. Transactions may involve the Jewett-Cameron Trading Company Ltd. Employee Stock Ownership Plan. Transactions may also involve Jewett-Cameron insiders or their affiliates executed in compliance with Jewett-Cameron's Insider Trading Policy. The share repurchase plan will be effected in accordance with Rule 10b-18 under the U.S. Securities Exchange Act of 1934, which contains restrictions on the number of shares that may be purchased on a single day, subject to certain exceptions for block purchases, based on the average daily trading volumes ("ADTV") of Jewett-Cameron's shares on NASDAQ. Purchases shall be limited to one "Block" purchase per week in lieu of the 25% of ADTV limitation for compliance with Rule 10b-18(b)(4). A "block" as defined under Rule 10b-18(a)(5) means a quantity of stock that, among other things, is at least 5,000 shares and has a purchase price of at least US$50,000.