X0203 3 2011-06-01 0 0000731939 TEMPLE INLAND INC TIN 0001522218 Obernesser George D 1300 S MOPAC EXPRESSWAY THIRD FLOOR AUSTIN TX 78746 1 Group VP, Paperboard Options (Right to Buy) 21.55 2007-02-03 2016-02-03 Common Stock 3844 D Options (Right to Buy) 24.34 2008-02-02 2017-02-02 Common Stock 5125 D Options (Right to Buy) 19.50 2009-02-01 2018-02-01 Common Stock 10474 D Options (Right to Buy) 5.64 2010-02-06 2019-02-06 Common Stock 6250 D Options (Right to Buy) 16.71 2011-02-05 2020-02-05 Common Stock 3844 D Restricted Stock Units Common Stock 6350 D Options (Right to Buy) 24.40 2012-02-04 2021-02-04 Common Stock 2485 D Restricted Stock Units Common Stock 3985 D Options vesting schedule: 1281 on 2/3/07, 1281 on 2/3/08, 1281 on 2/3/09 and 1282 on 2/3/10. The exercise price of these outstanding options were amended from that previously reported in connection with the spin-off announced by the Company effective 12/28/2007, and pursuant to anti-dilution provisions set forth in the option plan, and is intended to give the option the same economic value it had before the spin-off. Options vesting schedule: 1281 on 2/2/08, 1281 on 2/2/09, 1281 on 2/2/10 and 1282 on 2/2/11. Options vesting schedule: 2618 on 2/1/09, 2618 on 2/1/10, 2619 on 2/1/11 and 2619 on 2/1/12. Options vesting schedule: 1562 on 2/6/10, 1563 on 2/6/11, 1562 on 2/6/12 and 1563 on 2/6/13. Options vesting schedule: 911 on 2/5/11, 911 on 2/5/12, 911 on 2/5/13 and 911 on 2/5/14. Restricted Stock Units granted on February 5, 2010 will vest on or after February 5, 2013 and will be settled for cash based on the fair market value on the vesting date. Options vesting schedule: 621 on 2/4/12, 621 on 2/4/13, 621 on 2/4/14 and 622 on 2/4/15. Restricted Stock Units granted on February 4, 2011 will vest on or after February 4, 2014 and will be settled for cash based on the fair market value on the vesting date. /s/ Leslie K. O'Neal on Behalf of Reporting Person 2011-06-02