-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 Qj0sOaB2YHoS0WAAVpvjdjXhohgKL60Mrha94D+bq8OuBfPGRAzpznkI3jKQSP6a
 97wwrAr5/QnJTVpnF2VWjw==

<SEC-DOCUMENT>0001157523-03-007002.txt : 20031126
<SEC-HEADER>0001157523-03-007002.hdr.sgml : 20031126
<ACCEPTANCE-DATETIME>20031126185014
ACCESSION NUMBER:		0001157523-03-007002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031126
FILED AS OF DATE:		20031126

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LOUISIANA PACIFIC CORP
		CENTRAL INDEX KEY:			0000060519
		STANDARD INDUSTRIAL CLASSIFICATION:	SAWMILLS, PLANNING MILLS, GENERAL [2421]
		IRS NUMBER:				930609074
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		805 SW BROADWAY
		STREET 2:		SUITE 700
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97124
		BUSINESS PHONE:		5038215100

	MAIL ADDRESS:	
		STREET 1:		805 SW BROADWAY
		STREET 2:		SUITE 700
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97124

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SUWYN MARK A
		CENTRAL INDEX KEY:			0001229684

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07107
		FILM NUMBER:		031027703

	BUSINESS ADDRESS:	
		STREET 1:		80 SW BROADWAY
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97205
		BUSINESS PHONE:		5038215100

	MAIL ADDRESS:	
		STREET 1:		80 SW BROADWAY
		CITY:			PORTLAND
		STATE:			OR
		ZIP:			97205
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>a4524651_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-11-26</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000060519</issuerCik>
        <issuerName>LOUISIANA PACIFIC CORP</issuerName>
        <issuerTradingSymbol>LPX</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001229684</rptOwnerCik>
            <rptOwnerName>SUWYN MARK A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>805 SW BROADWAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PORTLAND</rptOwnerCity>
            <rptOwnerState>OR</rptOwnerState>
            <rptOwnerZipCode>97205</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Chairman &amp; CEO</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeHolding>
      <securityTitle>
         <value>Common Stock</value>
      </securityTitle>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>252328</value>
            <footnoteId id="F1"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeHolding>
 </nonDerivativeTable>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Stock Award Right</value>
      </securityTitle>
      <conversionOrExercisePrice>
            <footnoteId id="F2"/>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-11-26</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>16529</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2004-11-26</value>
            <footnoteId id="F3"/>
      </exerciseDate>
      <expirationDate>
         <value>2006-11-26</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>16529</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>16529</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Reporting person also indirectly holds 5,371 shares in the Louisiana-Pacific Salaried 401(k) and Profit Sharing Plan (by trust).</footnote>

      <footnote id="F2"> 1-for-1.</footnote>

      <footnote id="F3"> Incentive Share Award (Restructuring Bonus) granted pursuant to Louisiana-Pacific Corporation 1997 Incentive Stock Award Plan, which vests in three equal annual installments, with the first installment vesting on this date and subject to forfeiture if reporting person ceases to be an employee.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Anton C. Kirchhof, Attorney-in-fact for Mark A. Suwyn</signatureName>
      <signatureDate>2003-11-26</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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