SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) November 20, 2003
Pope Resources, A Delaware Limited Partnership
(Exact name of registrant as specified in its charter)
Delaware 91-1313292
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
19245 Tenth Avenue NE, Poulsbo, Washington 98370
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(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code (360) 697-6626
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NOT APPLICABLE
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(Former name or former address, if changed since last report.)
INFORMATION TO BE INCLUDED IN THE REPORT
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Item 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
On November 20, 2003 the registrant announced that its 112,000 acres of owned
timberlands passed a third-party audit of compliance with Sustainable Forestry
Initiative(R) standards. A copy of that press release is attached hereto as
Exhibit 99.1.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit No. Description
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99.1 Press release dated November 20, 2003
SIGNATURES
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Pursuant to the requirements of Section 13 of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
POPE RESOURCES, A DELAWARE LIMITED
PARTNERSHIP
DATE: November 20, 2003 BY: /s/ Thomas M. Ringo
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Thomas M. Ringo
Vice President and Chief Financial Officer, Pope
Resources, A Delaware Limited Partnership, and
Pope MGP, Inc., General Partner
Exhibit 99.1
Pope Resources Timberlands Pass Third-Party SFI Audit
POULSBO, Wash.--(BUSINESS WIRE)--Nov. 20, 2003--Pope Resources
(Nasdaq:POPEZ) reported today the successful results of an independent
third-party Sustainable Forestry Initiative(R) (SFI) audit conducted
by PricewaterhouseCoopers (PwC). The audit certifies that the
company's management of its 112,000 acres of owned timberlands meet
the objectives of the SFI standards. The SFI(R), which is sponsored by
the American Forest and Paper Association (AF&PA), ensures customers
of forest products coming from certified lands that those lands are
managed in a sustainable and responsible manner. Tom Kametz, who
oversees the management of Pope Resources' timberlands by its
subsidiary Olympic Resource Management (ORM), said, "We are pleased to
see our land management practices pass the SFI audit and view this as
a validation of our Stewardship and Land Use Policies, which we have
used for many years as a guide for our land management activities."
The audit process was conducted in October 2003 by PwC together
with several outside experts. The audit team examined company records
and made field visits to judge ORM's compliance with SFI standards.
PwC auditors found no major or minor non-conformances with SFI
standards.
More detailed information on the Sustainable Forestry Initiative
can be found at www.aboutsfb.org and a more detailed report on
specific findings from this particular audit will be prepared within
the next several weeks and then found on the company's website at
www.orm.com.
About Pope Resources
Pope Resources, a publicly traded limited partnership, and its
subsidiaries Olympic Resource Management and Olympic Property Group,
own or manage nearly 215,000 acres of timberland and development
property in Washington, Oregon, and California. In addition, it
provides forestry consulting and timberland management services to
third-party owners and managers of timberland. The company and its
predecessor companies have owned and managed timberlands and
development properties for more than 150 years. Additional information
on the company can be found at www.orm.com.
CONTACT: Pope Resources
Tom Ringo, 360-697-6626
Fax: 360-697-1156