Weyerhaeuser Company (NYSE: WY) announced the expiration of the early tender period for its Maximum Tender Offers. According to the information provided by Global Bondholder Services Corporation, the depositary for the tender offers, $834,655,000 in aggregate principal amount of the notes were validly tendered and not validly withdrawn in the Maximum Tender Offers at or before 5:00 p.m. New York City time, on May 22, 2007 ("the Early Tender Date"). The consideration to be paid pursuant to the Maximum Tender Offers will be determined at 2:00 p.m. New York City time, on June 4, 2007.

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Under the terms and conditions specified in the Offer to Purchase dated May 9, 2007, the maximum principal amount to be accepted in the Maximum Tender Offers and Any and All Offers (which expired at 5:00 p.m., New York City time, on May 16, 2007) will be $825,000,000. The maximum principal amount to be accepted by Weyerhaeuser pursuant to the Maximum Tender Offers will be $519,483,000. $305,517,000 had previously been validly tendered and accepted for purchase in the Any and All Offers.

The table below sets forth more fully the amount of securities validly tendered and accepted in the tender offers. Because the principal amount of 6.95% Debentures due August 1, 2017 validly tendered and not validly withdrawn on or before the early tender date exceeded the Maximum Principal Amount to be accepted, Weyerhaeuser will not purchase any of its 7.375% Debentures due March 15, 2032 in the Maximum Tender Offers. Securities of this class that have been tendered will be returned promptly to the tendering holders. Depending on the number of securities tendered prior to the expiration of the Maximum Tender Offers, Weyerhaeuser may not purchase securities of additional series.

  Offer for Securities Listed Below: Maximum Tender Offers

                                                               Percentage of
                                                 Principal      Outstanding
  Acceptance                    Principal        Amount         Amount
  Priority    Title of          Amount           Tendered to    Tendered to
  Level       Security          Outstanding      date           date


              7.50%
              Debentures
              due March 1,
  1           2013               $250,000,000    $93,571,000        37.43%

              7.950%
              Debentures
              due March 15,
  2           2025               $250,000,000   $113,967,000        45.59%

              7.85%
              Debentures
              due July 1,
  3           2026               $200,000,000    $99,901,000        49.95%

              5.95%
              Debentures
              due November 1,
  4           2008               $524,873,000   $191,295,000        36.45%

              6.95%
              Debentures
              due August 1,
  5           2017               $300,000,000    $94,720,000        31.57%

              7.375%
              Debentures
              due March 15,
  6           2032             $1,250,000,000   $241,201,000        19.30%

Holders of securities subject to the Maximum Tender Offers who validly tendered and did not validly withdraw their securities on or before the Early Tender Date, will receive the applicable Tender Offer Consideration. Holders of securities subject to the Maximum Tender Offers who validly tender their securities after the Early Tender Date and on or before the Maximum Tender Offers expiration date will receive the applicable Late Tender Offer Consideration, which is the applicable Tender Offer Consideration minus the applicable Early Tender Premium per $1,000 principal amount of securities tendered by such holder that are accepted for purchase. Holders of securities subject to the Maximum Tender Offers who validly tendered their securities on or before the Early Tender Date may not withdraw their securities after the Early Tender Date except in the limited circumstances described fully in the Offer to Purchase. Holders of the securities subject to the Maximum Tender Offers who validly tender their securities after the Early Tender Date but on or before the Maximum Tender Offers expiration date may not withdraw their securities except in the limited circumstances described in the Offer to Purchase.

J.P. Morgan Securities Inc. and Banc of America Securities LLC are the dealer managers for the offers. Morgan Stanley & Co. Inc. and Citigroup Global Markets, Inc. are the co-dealer managers for the offers. Global Bondholder Services Corporation is the Depositary and Information Agent.

This news release is neither an offer to purchase nor a solicitation of an offer to sell the securities. The offers are made only by the Offer to Purchase, and the information in this news release is qualified by reference to the Offer to Purchase. Persons with questions regarding the offers should contact J.P. Morgan Securities Inc. toll free at (866) 834-4666 or collect at (212) 834-4077, Attn. Liability Management Group or Banc of America Securities LLC toll free at (866) 475-9886 or collect at (704) 386-3244, Attn. Liability Management Group. Requests for documents should be directed to Global Bondholder Services Corporation toll free at (866) 804-2200 or collect at (212) 430-3774.

Weyerhaeuser Company, one of the world's largest forest products companies, was incorporated in 1900. In 2006, sales were $21.9 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 www.weyerhaeuser.com.

   For more information contact:

   Media - Bruce Amundson (253) 924-3047
   Analysts - Kathryn McAuley (253) 924-2058

First Call Analyst:
FCMN Contact:

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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/