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Weyerhaeuser Company Announces Early Tender Date Results of Debt Tender Offer

PRNewswire
FEDERAL WAY, Wash.
Nov 5, 2004

Weyerhaeuser Company (NYSE: WY) announced today the results of its previously announced tender offer for 4 different securities, for holders who have tendered and not withdrawn their notes by 5 p.m., New York City time, on the Early Tender Date of Nov. 4, 2004. The offers commenced on Oct. 22, 2004.

  (Photo: 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 19 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/ .

The following table provides the estimated aggregate principal amount tendered and not withdrawn by 5 p.m., New York City time, on the Early Tender Date of Nov. 4, 2004, for each series:

   Title of Securities                CUSIP Number   Aggregate Principal
                                                     Amount Tendered by
                                                     Early Tender Date

   6.125% Notes due March 15, 2007    962166BM5/     $704,169,000
                                      962166BD5

   5.950% Notes due November 1, 2008  962166BA1      $481,517,000

   5.250% Notes due December 15, 2009 962166BS2      $226,193,000

   6.000% Notes due August 1, 2006    962166AX2      $477,998,000

Because Weyerhaeuser's Maximum Tender Amount of $700 million was exceeded by tenders of the first three series of notes referenced above, the company will not purchase any 6.000% Notes due August 1, 2006.

All other Notes will be accepted for payment on a pro rata basis as provided in our Offer to Purchase dated October 22, 2004.

   For more information contact:
   Media -- Bruce Amundson 253-924-3047
   Analysts -- Kathryn McAuley 253-924-2058
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: media, Bruce Amundson, +1-253-924-3047, or analysts, Kathryn
McAuley, +1-253-924-2058, both of Weyerhaeuser Company

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


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