The Executive Committee of the Board of Directors of Weyerhaeuser Company (NYSE: WY) on July 12, 2007, declared a dividend of $0.60 per share on the common stock of the corporation payable August 27, 2007, to shareholders of record at the close of business August 3, 2007.

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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 http://www.weyerhaeuser.com/.

Media - Frank Mendizabal (253) 924-3357

Analysts - Kathryn McAuley (253) 924-2058

First Call Analyst:
FCMN Contact:

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SOURCE: Weyerhaeuser Company

CONTACT: media, Frank Mendizabal, +1-253-924-3357, or analysts Kathryn
McAuley, +1-253-924-2058, both for Weyerhaeuser Company

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