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TAMPA, Fla.--([ BUSINESS WIRE ])--Masonite International Corporation (OTCBB: MASWF) today announced that it does not intend to pursue a Form 10 Registration Statement at this time and is seeking input from shareholders regarding possible amendments to its Shareholders Agreement and Articles.

The proposed amendments include, among other provisions, (a) the removal of the 290 shareholder limit which potentially would restrict the sale of shares absent an IPO or other action and (b) a continuation of the practice initiated in Q3 of providing quarterly and annual financial results via the company website.

The draft amendments are being made available to existing shareholders. The approval of any such amendments would require a formal stockholder vote. There is no assurance if or when any such vote will occur.

About Masonite

Masonite International Corporation is a leading global manufacturer of residential and commercial doors, committed to providing the highest value building products to customers in approximately 70 countries around the world.Additional information about Masonite can be found at [ www.masonite.com ].

Forward-looking Statements

This document and other written reports and oral statements made by the Company may include forward-looking statements, all of which are subject to risks and uncertainties.One can identify these forward-looking statements by their use of words such asaexpected,a aanticipatesa, aintendsa and other words of similar meaning, or by the fact that they do not relate strictly to historical or current facts.Such forward-looking statements reflect managementas current beliefs and are based on information currently available to management. All forward-looking statements in this document are qualified by these cautionary statements. Readers must carefully consider any such statements and should understand that such statements are based on managementas current plans, estimates and assumptions and are subject to many factors, risks and uncertainties which could cause actual results and developments to differ materially from the Companyas forward-looking statements.No forward-looking statement can be guaranteed and actual future results may vary materially.Therefore, we caution you not to place undue reliance on our forward-looking statements. The Company disclaims any responsibility to update these forward-looking statements.