If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

PART I — REGISTRANT INFORMATION

 

Louisiana-Pacific Corporation

Full Name of Registrant

Not applicable

Former Name if Applicable

414 Union Street, Suite 2000

Address of Principal Executive Office (Street and Number)

Nashville, TN 37219

City, State and Zip Code

 

PART II — RULES 12b-25(b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

 

	(a)	The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense
o	(b)	The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
	(c)	The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III — NARRATIVE

 

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The Annual Report on Form 10-K for the year ended December 31, 2007 (the “Form 10-K”) for Louisiana-Pacific Corporation (“LP”) cannot be completed within the prescribed time period.  As of December 31, 2007, a portion of LP’s long-term investments consisted of auction rate securities.  Liquidity for these auction rate securities is typically provided by an auction process that resets the applicable interest rate at pre-determined intervals, usually every 7, 28, 35 or 90 days.  As of December 31, 2007, all of LP’s auction rate securities had experienced a failed interest rate reset process due to the current uncertainties in the credit markets.

 

In the past, LP has conducted internal valuations of its holdings of auction rate securities for financial reporting purposes; however, given the continued turmoil in the credit markets and the lack of liquidity for auction rate securities, this internal valuation approach did not result in a fair value estimate that was consistent with current market estimates obtained from market participants. Over the course of the last 60 days, LP has not been able to obtain fair value estimates from the various issuing banks or other appropriate sources. On February 27, 2008, LP did receive such information however due to the date the information was received, LP was not able to incorporate this information into its financial statements prior to the prescribed due date of February 29, 2007. As a result, LP is unable to timely file the Form 10-K within the prescribed time period without unreasonable effort or expense.

 

At the current time, LP expects to record a pre-tax adjustment of approximately $18 - $22 million as an other-than temporary decline in value and a pre-tax adjustment of approximately $28 to $32 million as a temporary decline in value related to its auction rate securities.

 

 

 

(Attach extra Sheets if Needed)

PART IV — OTHER INFORMATION

 

(1)	Name and telephone number of person to contact in regard to this notification
	Mark Fuchs		615		986-5600
	(Name)		(Area Code)		(Telephone Number)
(2)	Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed ? If answer is no, identify report(s).
					x Yes    o No
(3)	Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
					o Yes    x No
	If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

Louisiana-Pacific Corporation

(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date

February 29, 2008

By

/s/ CURTIS M. STEVENS

 

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

 

	ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).