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Weyerhaeuser CEO Steven R. Rogel Agrees to Defer Retirement Until 2009

PRNewswire-FirstCall
FEDERAL WAY, Wash.
May 3, 2006

Weyerhaeuser Company (NYSE: WY) today announced that Steven R. Rogel, chairman, president and chief executive officer, has agreed to defer his retirement until 2009 at the request of the board of directors. Rogel, 63, had intended to retire in 2007.

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

In making the request, the board said that Rogel's continued leadership while Weyerhaeuser implements its strategic plans would be in the best interest of shareholders and other stakeholders.

"I am honored by the board's request and look forward to continuing my work with our strong management team," Rogel said. "This team, along with the board, has developed a plan to achieve sustained, profitable performance; focused strategic growth; and return capital to shareholders. I look forward to effectively executing that plan."

Rogel joined Weyerhaeuser in 1997 as its president and chief executive officer and was elected chairman of the board in 1999.

Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2005, sales were $22.6 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 www.weyerhaeuser.com.

   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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