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SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940 		 
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
KASTELIC JOSEPH B
(Last) (First) (Middle)
10115 KINSEY AVENUE, SUITE 150
(Street)
HUNTERSVILLE NC 28078
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LOUISIANA PACIFIC CORP [ LPX ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP/Spec Prod-Sales
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2003
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/25/2003 M 21,250 A $8.1 50,907 D
Common Stock 08/25/2003 S 21,250 D $12.604 29,657 D
Common Stock 08/25/2003 M 1,034 A $11.35 30,691 D
Common Stock 08/25/2003 S 1,034 D $12.604 29,657 D
Common Stock 08/26/2003 M 33,100 A $11.35 62,757 D
Common Stock 08/26/2003 S 33,100 D $12.603 29,657(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $8.1 08/25/2003 M 21,250 01/25/2003(2) 01/25/2012 Common Stock 21,250 $00.00 42,500 D
Sotck Options $11.35 08/25/2003 M 1,034 02/03/2002(2) 02/03/2011 Common Stock 1,034 $00.00 50,166 D
Stock Option $11.35 08/26/2003 M 33,100 02/03/2002(2) 02/03/2011 Common Stock 33,100 $00.00 17,066 D
Explanation of Responses:
1. Reporting person also indirectly holds 3,325 shares in the Louisiana-Pacific Salaried 401(k) and Profit Sharing Trust (by trust).
2. Option granted pursuant to Louisiana-Pacific Corporation 1997 Incentive Stock Award Plan. Shares vest in three equal annual installments, with the first installment vesting on this date.
Ann Mahone for Joseph B. Kastelic under POA and as designee of Anton C. Kirchof, Attorney-in-fact 08/26/2003
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
                                POWER OF ATTORNEY
                                -----------------


     KNOW ALL MEN BY THESE PRESENTS that the undersigned constitutes and
appoints Anton C. Kirchhof his true and lawful attorney-in-fact and agent, with
full power of substitution and resubstitution for him and in his name, place and
stead in any and all capacities to sign a Form 3, 4 or 5 under the Securities
Exchange Act of 1934, and to file the same, with any or all other documents in
connection therewith, with the Securities and Exchange Commission, granting unto
said attorney-in-fact and agent full power and authority to do and perform each
and every act and thing requisite and necessary to be done, as fully to all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent or his substitute or
substitutes may lawfully do or cause to be done by virtue hereof.

     The authority granted to Anton C. Kirchhof under this power of attorney
shall continue until the undersigned is no longer required to file Forms 3, 4
and 5 with regard to my ownership of or transactions in securities of
Louisiana-Pacific Corporation, unless earlier revoked in writing.



                                                            /s/ Joe B. Kastelic
                                                            --------------------
                                                                Joe B. Kastelic


Date:  July 7, 2003