Masonite International Inc. Enters into Forbearance Agreement with Holders of a Majority of Its Notes

Tuesday, November 18th 2008

Masonite International Inc. (the “Company”) announced that it has entered into a forbearance agreement with holders of a majority of the senior subordinated notes due 2015 issued by two of the Company’s subsidiaries. Masonite expects that this forbearance agreement will provide the Company additional time and flexibility as it continues to pursue opportunities to develop an appropriate capital structure to support its long-term strategic plan...