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Weyerhaeuser Pledges $40,000 to Assist Victims of B.C. Wildfires

PRNewswire
KAMLOOPS, British Columbia
Aug 8, 2003

Weyerhaeuser Company Limited (NYSE: WY) today pledged a total of $40,000 in cash and product to help families affected by hundreds of fires in the Interior of British Columbia.

"Our thoughts are with the families and communities who find themselves in need of assistance due to these devastating wildfires," said Shaker Chandrasekaran, a Weyerhaeuser vice president and the mill manager of the Kamloops Pulp Mill. "In the coming weeks, Weyerhaeuser will work with the North Thompson Relief Fund to determine how best to allocate cash and product to assist in the rebuilding effort."

"We still do not know the extent of the damage," said John Robertson, general manager, sales and marketing for Weyerhaeuser in Kamloops. "But we do know that homes and barns will need to be rebuilt, and this will take money and it will take lumber. As a major employer, we want to play a role in this rebuilding effort."

Weyerhaeuser employees are also reaching into their own pockets to help the fire victims. Employees at Weyerhaeuser facilities are raising money for the North Thompson Relief Fund. Staff are also assisting fire officials in their efforts to contain and put out fires.

Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2002, sales were $29.1 billion ($18.5 billion US). 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. Weyerhaeuser Company Limited, a wholly owned subsidiary, has Exchangeable Shares listed on the Toronto Stock Exchange under the symbol WYL. Additional information about Weyerhaeuser's businesses, products and practices is available at www.weyerhaeuser.com.

CONTACT: Sarah Goodman of Weyerhaeuser Company Limited, +1-604-661-8408.

SOURCE: Weyerhaeuser Company Limited

CONTACT: Sarah Goodman of Weyerhaeuser Company Limited, +1-604-661-8408

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

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