Weyerhaeuser Company Declares Dividend

The board of directors of Weyerhaeuser Company (NYSE: WY) on Oct. 7, 2004, declared a dividend of $0.40 per share on the common stock of the corporation payable Nov. 29, 2004, to shareholders of record at the close of business Oct. 29, 2004.

  (Logo:  http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
          http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b )

Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2003, sales were $19.9 billion. It has offices or operations in 18 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com/ .

For more information contact: Xan McCallum 253-924-3781

Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Weyerhaeuser Company

CONTACT: Xan McCallum, +1-253-924-3781, for Weyerhaeuser Company

Web site: http://www.weyerhaeuser.com/