Forest Appoints Kennedy VP, Finance and Treasurer

Forest Oil Corporation announced the appointment of Michael N. Kennedy as Vice President, Finance and Treasurer, effective April 14, 2008. In this position, Mr. Kennedy will be responsible for all aspects of Forest's treasury, investor relations and insurance activities as well as the execution of capital markets and derivatives activities.

Mr. Kennedy joined Forest in February 2001. He served as Senior Financial Analyst for Forest until April 2003, at which time he became Manager, Investor Relations. Mr. Kennedy served in that role until November 2005, at which time he became Managing Director, Capital Markets and Treasurer. Prior to joining Forest, Mr. Kennedy worked for Arthur Andersen as a member of their audit and business advisory practice. He holds a Bachelor of Science degree in Business Administration with an emphasis in accounting from the University of Colorado.

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