Weyerhaeuser Company Limited (NYSE: WY) today said that it welcomes a substantial treaty land offer made yesterday by the BC Government to the Haida Nation. Yesterday, the Province announced that it was offering the Haida Nation 200,000 hectares of Crown land in a bid to re-engage the Haida in treaty negotiations.

"This land offer and reinvigorated treaty discussions will contribute to improved relations, certainty and stability for all parties on the Queen Charlotte Islands," said Tom Holmes, Weyerhaeuser's vice president for timberlands operations on the BC Coast. "We fully support the BC Government's efforts to resolve outstanding claims with the Haida Nation."

"Weyerhaeuser will continue to work hard to develop mutually beneficial relationships with the Haida," said Holmes. "But only the Haida and governments can resolve long-standing claims. It's critical to the social and economic health of this region that these issues are resolved so that the local economy can expand and provide stable employment for island residents."

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/