Chart Newsroom

Print News Release

Weyerhaeuser Reports 2nd Quarter Net Earnings of $32 Million, or 15 Cents per Diluted Share, on Sales of $4.3 Billion

PRNewswire-FirstCall
FEDERAL WAY, Wash.
Aug 3, 2007

Weyerhaeuser Company (NYSE: WY) today reported net earnings of $32 million for the second quarter of 2007, or 15 cents per diluted share, on sales of $4.3 billion.

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

  Second quarter 2007 earnings include the following after-tax items:

  *  A charge of $30 million, or 14 cents per diluted share, for asset
     impairments in the Wood Products and Real Estate and Related Assets
     segments, closures of Wood Products facilities and the sale of the
     Canadian distribution facilities.

  *  A charge of $27 million, or 12 cents per diluted share, related to the
     early extinguishment of debt.

  *  A charge of $25 million, or 12 cents per diluted share, related to
     legal settlements and a contract termination.

  *  A charge of $5 million, or 2 cents per diluted share, for additional
     costs related to the fine paper business and related assets that were
     distributed to Weyerhaeuser shareholders in the first quarter 2007
     Domtar transaction.

  *  A net gain of $15 million, or 7 cents per diluted share, on the sale of
     a previously closed box plant site in California and charges related to
     a fire and subsequent closure of a New Jersey box plant.

Excluding these items, the company earned $104 million, or 48 cents per diluted share, in the second quarter of 2007.

Second quarter 2006 results have been recast to reflect the fine paper business and related assets included in the Domtar transaction as discontinued operations and to apply a new accounting pronouncement to expense planned major maintenance costs as incurred.

For second quarter 2006, Weyerhaeuser net earnings were $298 million, or $1.19 per diluted share, on net sales of $4.9 billion. Second quarter 2006 earnings included the following after-tax items:

  *  A charge of $12 million, or 5 cents per diluted share, related to the
     restructuring of the Containerboard, Packaging and Recycling business
     model.

  *  A charge of $11 million, or 4 cents per diluted share, related to the
     closure of facilities.

In addition, net earnings for second quarter 2006 included a one-time tax benefit of $48 million, or 19 cents per diluted share, related to a change in Texas state income tax law, a reduction in the Canadian federal income tax rate and a deferred tax adjustment related to the Medicare Part D subsidy.

Excluding these items, the company earned $273 million, or $1.09 per diluted share, in the second quarter of 2006.

  SUMMARY OF SECOND QUARTER BUSINESS PERFORMANCE

  *  Timberlands - Higher seasonal costs and lower sales of non-strategic
     timberlands adversely affected earnings.

  *  Wood Products - Lumber, plywood and oriented strand board prices
     increased slightly, but market conditions remained difficult.

  *  Cellulose Fibers - Prices continued to increase.

  *  Containerboard Packaging and Recycling - Normal seasonal upswing in
     packaging shipments occurred and average price realizations for
     packaging increased due to product mix, but fiber costs remain high.

  *  Real Estate and Related Assets - Market conditions remain challenging
     and margins continue to decline.

"In response to continued challenging market conditions, we managed production and costs throughout the second quarter," said Steven R. Rogel, chairman, president and chief executive officer. "Our focus remains on the strategic initiatives we've been implementing to create more value for shareholders. In the coming quarter, we will look for ways to further reduce costs and improve performance as we face challenges produced by the continuing sluggish housing market. Meeting these challenges will require tough decisions and the focus of every employee."

  SUMMARY OF SECOND QUARTER FINANCIAL HIGHLIGHTS

  Millions (except per share
   data)                          2Q 2007         2Q 2006        Change
  Net earnings                        $32            $298         ($266)
  Earnings per diluted share        $0.15           $1.19        ($1.04)
  Net sales                        $4,334          $4,867         ($533)


  SEGMENT RESULTS FOR SECOND QUARTER
  (Contributions to Pre-Tax
   Earnings)
  Millions                        2Q 2007         2Q 2006         Change
  Timberlands                        $142            $224          ($82)
  Wood Products                     ($123)           $131         ($254)
  Cellulose Fibers                    $48             $23           $25
  Fine Paper                           $0            ($20)          $20
  Containerboard, Packaging and
   Recycling                         $112             $69           $43
  Real Estate and Related Assets      $64            $123          ($59)


  TIMBERLANDS
                                    2Q 2007        1Q 2007        Change
  Contribution to pre-tax
   earnings (millions)               $142            $175          ($33)



2Q 2007 Performance - Seasonal increases in road and silviculture costs, and a lower level of non-strategic timberland transactions, contributed to the decrease in earnings from the first quarter. In addition, the segment changed its method of accounting for oil and gas revenues and revenues associated with leasing the company's timberlands. The effect of this change was an $11 million decrease in second quarter earnings. Price and volume movements did not have a significant effect on the change from first quarter.

3Q 2007 Outlook - Weyerhaeuser expects non-strategic timberland transactions to be higher in the third quarter compared with second quarter. The continued weakness in the housing market is expected to result in lower volumes and prices.

  WOOD PRODUCTS

                                   2Q 2007         1Q 2007       Change
  Contribution to pre-tax
    earnings (loss) (millions)     ($123)           ($167)         $44


2Q 2007 Performance - Excluding the items noted below, the segment's net loss decreased $38 million from the first quarter, but still reflects difficult market conditions.

  *  Second quarter 2007 includes pre-tax charges of $33 million for asset
     impairments and other charges which include the sale of the Canadian
     distribution business, the closure of the Miramichi, New Brunswick
     oriented strand board mill and the announced closure of the Claresholm,
     Alberta engineered lumber mill.

  *  Second quarter 2007 also includes a pre-tax charge of $17 million for
     the expected settlement of litigation.

  *  First quarter 2007 includes pre-tax charges of $56 million for asset
     impairment charges associated with the Canadian distribution business
     and the Miramichi oriented strand board mill.

Weak demand in housing continued to affect segment results. Average prices realized for lumber, plywood, and oriented strand board increased slightly from the first quarter, partially offset by decreased prices for engineered lumber. Sales volumes for lumber and engineered wood products increased, but plywood and oriented strand board volumes declined. The strengthening Canadian dollar had an unfavorable effect on the earnings contribution from products manufactured in Canada.

3Q 2007 Outlook - The company expects the segment to operate at a smaller loss in third quarter compared with the second quarter due primarily to higher prices for oriented strand board, and cost decreases for logs and overhead. Prices for softwood lumber and engineered wood products are expected to decrease. The company expects shipment volumes for lumber and engineered wood products to remain close to second quarter levels. Shipment volumes for oriented strand board are projected to decrease based on anticipated mill operating postures.

  CELLULOSE FIBERS
                                2Q 2007         1Q 2007          Change
  Contribution to pre-tax
   earnings (millions)            $48             $22             $26


2Q 2007 Performance - Market conditions continued to improve. Pulp shipment volumes were down in the second quarter due to the first quarter completion of the Domtar transaction. Maintenance costs declined and overall productivity improved as the segment completed annual maintenance outages at two mills in the second quarter, compared to three mill maintenance outages in the first quarter.

3Q 2007 Outlook - Weyerhaeuser expects stronger prices to result in increased earnings from the segment in third quarter. The company has less annual maintenance scheduled.

  CONTAINERBOARD, PACKAGING AND RECYCLING

                               2Q 2007          1Q 2007         Change
  Contribution to pre-tax
   earnings (millions)          $112              $67             $45


2Q 2007 Performance - The second quarter included a pre-tax gain of $29 million on the sale of a previously closed box plant site in California and $5 million in charges related to a fire and subsequent closure of the Closter, N.J. box plant. Excluding these items, segment earnings increased $21 million compared to first quarter.

Average packaging price realizations increased mainly due to product mix. Containerboard export prices were higher than first quarter. Increased packaging shipments and lower energy costs were partially offset by increased costs for old corrugated containers (OCC) and annual scheduled maintenance downtime at the containerboard mills.

3Q 2007 Outlook - Weyerhaeuser expects third quarter earnings for the segment to increase from second quarter levels. The company expects to benefit from higher packaging shipment volume, fewer scheduled maintenance outages and lower seasonal energy costs. OCC costs are expected to be higher.

  REAL ESTATE AND RELATED ASSETS

                              2Q 2007          1Q 2007          Change
  Contribution to pre-tax
   earnings (millions)          $64              $58              $6


2Q 2007 Performance - Single-family home closings increased slightly over the first quarter; however, average sales prices and margins continued to decline due to the weak housing market. Second quarter earnings included a gain of $42 million on the sale of an apartment project and charges of $12 million for asset impairments. The backlog of homes sold, but not closed, remained approximately five months.

3Q 2007 Outlook - Weyerhaeuser expects third quarter earnings from this segment to be lower than the second quarter. Margins continue to decline due to difficult market conditions. The company does not anticipate any significant gains from non-homebuilding activities in the third quarter.

ABOUT WEYERHAEUSER

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 http://www.weyerhaeuser.com/.

EARNINGS CALL INFORMATION

Weyerhaeuser will hold a live conference call at 7 a.m. Pacific (10 a.m. Eastern) on Aug. 3 to discuss second quarter results.

To access the conference call from within North America, dial 1-800-218-0530 at least 15 minutes before the call. Those calling from outside North America should dial 1-303-205-0033. Replays will be available for one week at 1-800-405-2236 (access code - 11092363#) from within North America and at 1-303-590-3000 (access code - 11092363#) from outside North America. The call is being webcast through Weyerhaeuser's Internet site at http://investor.weyerhaeuser.com/ by clicking on the "Q2 2007 Earnings Conference Call" link.

The webcast is available through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at http://www.fulldisclosure.com/, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected site, StreetEvents (http://www.streetevents.com/).

FORWARD LOOKING STATEMENT

This news release contains statements concerning the company's future results and performance that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some of these forward-looking statements can be identified by the use of forward-looking terminology such as "expects," "may," "will," "believes," "should," "approximately," anticipates," "estimates," and "plans," and the negative or other variations of those terms or comparable terminology or by discussions of strategy, plans or intentions. In particular, some of these forward-looking statements deal with expectations for third quarter 2007 regarding the company's markets, earnings and performance of the company's business segments,, demand and pricing for the company's products, non-strategic land sales, product mix, increases in OCC and fiber costs, lower seasonal energy costs and scheduled annual maintenance outages and related matters. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those projected, including, but not limited to:

  *  The effect of general economic conditions, including the level of
     interest rates and housing starts;
  *  Market demand for the company's products, which may be tied to the
     relative strength of various U.S. business segments;
  *  Energy prices;
  *  Raw material prices;
  *  Chemical prices;
  *  Performance of the company's manufacturing operations including
     unexpected maintenance requirements;
  *  The successful execution of internal performance plans;
  *  The level of competition from domestic and foreign producers;
  *  The effect of forestry, land use, environmental and other governmental
     regulations, and changes in accounting regulations;
  *  The effect of weather;
  *  The risk of loss from fires, floods, windstorms, hurricanes, pest
     infestation and other natural disasters;
  *  Transportation costs;
  *  Legal proceedings;
  *  The effect of timing of retirements and changes in the market price of
     company stock on charges for stock-based compensation; and
  *  Performance of pension fund investments and related derivatives.

The company is also a large exporter and is affected by changes in economic activity in Europe and Asia, particularly Japan, and by changes in currency exchange rates, particularly the relative value of the U.S. dollar to the Euro and the Canadian dollar, and restrictions on international trade or tariffs imposed on imports. These and other factors could cause or contribute to actual results differing materially from such forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will occur, or if any of them occurs, what effect they will have on the company's results of operations or financial condition. The company expressly declines any obligation to publicly revise any forward-looking statements that have been made to reflect the occurrence of events after the date of this news release.

  For more information contact:  Media - Bruce Amundson (253) 924-3047
                                 Analysts - Kathryn McAuley (253) 924-2058


   WEYERHAEUSER COMPANY
   STATISTICAL INFORMATION (unaudited)

  CONSOLIDATED EARNINGS      Q1                 Q2           Year-to-date
   (in millions)      April 1, March 26,  July 1, June 25,  July 1, June 25,
                        2007    2006       2007    2006      2007    2006
  Net sales and
   revenues:
    Weyerhaeuser       $3,404    $3,761   $3,775   $4,121   $7,179   $7,882
    Real Estate and
     Related Assets       487       690      559      746    1,046    1,436
  Total net sales
   and revenues         3,891     4,451    4,334    4,867    8,225    9,318

  Costs and expenses:
    Weyerhaeuser:
      Costs of products
       sold (1)         2,785     2,947    3,085    3,190    5,870    6,137
      Depreciation,
       depletion and
       amortization       232       233      223      231      455      464
      Selling expenses    109       100      109      117      218      217
      General and
       administrative
       expenses           200       235      199      205      399      440
      Research and
       development
       expenses  (2)       16        16       18       15       34       31
      Charges (reversals)
       for
       restructuring (3)    3        (1)       2       18        5       17
      Charges for
       closure
       of facilities (4)    5         2       19        5       24        7
      Impairment of
       goodwill (5)        22         -        -        -       22        -
      Refund of
       countervailing and
       anti-dumping
       duties               -         -        -        -        -        -
      Other operating
       costs (income),
       net (6) (7)         21        31        5     (26)       26        5
                        3,393     3,563    3,660    3,755    7,053    7,318
    Real Estate and
     Related Assets:
      Costs and
       operating
       expenses (8)       379       482      415      553      794    1,035
      Depreciation and
       amortization         6         3        5        4       11        7
      Selling expenses     41        37       45       43       86       80
      General and
       administrative
       expenses            28        30       27       35       55       65
      Other operating
       costs (income),
       net                 (4)       (3)       4        3        -        -
      Impairment of
       long-lived assets    -         -       12        3       12        3
                          450       549      508      641      958    1,190

  Total costs and
   expenses             3,843     4,112    4,168    4,396    8,011    8,508

  Operating income         48       339      166      471      214      810

  Interest expense
   and other:
    Weyerhaeuser:
      Interest expense
       incurred (9)      (131)     (128)    (179)    (129)    (310)    (257)
      Less: interest
       capitalized         30        16       29       20       59       36
      Interest income
       and other           20        19       25       15       45       34
      Equity in income
       (loss) of
       affiliates (10)     (1)        3        1        6        -        9
    Real Estate and
     Related Assets:
      Interest expense
       incurred           (12)      (14)     (16)     (14)     (28)     (28)
      Less: interest
       capitalized         12        14       16       14       28       28
      Interest income
       and other            3        10        1        3        4       13
      Equity in income
       of unconsolidated
       entities            18        21       12       15       30       36
  Earnings (loss) from
   continuing operations
   before income taxes    (13)      280       55      401       42      681
  Income taxes (1) (11)    (3)     (100)     (18)     (92)     (21)    (192)
  Earnings (loss) from
   continuing operations  (16)      180       37      309       21      489
  Earnings (loss) from
   discontinued operations,
   net of taxes (12)      771      (756)      (5)     (11)     766     (767)
  Net earnings
   (loss) (1)            $755     $(576)     $32     $298     $787    $(278)

  Basic net earnings
   (loss) per share:
      Continuing
       operations      $(0.07)    $0.73    $0.17    $1.24    $0.09    $1.98
      Discontinued
       operations        3.31     (3.07)   (0.02)   (0.04)    3.40    (3.11)
      Net earnings
       (loss) per share $3.24    $(2.34)   $0.15    $1.20    $3.49   $(1.13)

  Diluted net earnings
   (loss) per share:
      Continuing
       operations      $(0.07)    $0.73    $0.17     1.23    $0.09    $1.97
      Discontinued
       operations        3.31     (3.06)   (0.02)   (0.04)    3.38    (3.09)
      Net earnings
       (loss) per share $3.24    $(2.33)   $0.15    $1.19    $3.49   $(1.12)

  Dividends paid
   per share            $0.60     $0.50    $0.60    $0.50    $1.20    $1.00

  Weighted average
   shares outstanding
   (in thousands):
      Basic           233,242   245,794  217,688  248,147  225,465  246,971
      Diluted         233,242   246,970  218,743  249,194  226,711  248,082
  Common and
   exchangeable shares
   outstanding at end
   of period
   (in thousands)     217,726   247,555  217,759  248,269  217,759  248,269



                                      Q3           Q4          Year-to-date
                                   Sept. 24,    Dec. 31,          Dec. 31,
                                     2006         2006              2006
  Net sales and
   revenues:

    Weyerhaeuser                    $3,805       $3,649           $15,336
    Real Estate and
     Related Assets                    749        1,150             3,335
  Total net sales
   and revenues                      4,554        4,799            18,671

  Costs and expenses:
    Weyerhaeuser:
      Costs of products
       sold (1)                      3,038        3,007            12,182
      Depreciation,
       depletion and
       amortization                    231          252               947
      Selling expenses                 111          123               451
      General and
       administrative
       expenses                        214          241               895
      Research and
       development
       expenses  (2)                    23           15                69
      Charges (reversals)
       for
       restructuring (3)                 4            -                21
      Charges for
       closure
       of facilities (4)                15           50                72
      Impairment of
       goodwill (5)                      -            -                 -
      Refund of
       countervailing and
       anti-dumping
       duties                            -          (344)            (344)
      Other operating
       costs (income),
       net (6) (7)                     (36)         (105)            (136)
                                     3,600         3,239           14,157
    Real Estate and
     Related Assets:
      Costs and
       operating
       expenses (8)                    539           764            2,338
      Depreciation and
       amortization                     10             8               25
      Selling expenses                  44            56              180
      General and
       administrative
       expenses                         30            29              124
      Other operating
       costs (income),
       net                              (2)           (1)              (3)
      Impairment of
       long-lived assets                14            19               36
                                       635           875            2,700

  Total costs and
   expenses                          4,235         4,114           16,857

  Operating income                     319           685            1,814

  Interest expense
   and other:
    Weyerhaeuser:
      Interest expense
       incurred (9)                   (126)         (136)            (519)
      Less: interest
       capitalized                      21            27               84
      Interest income
       and other                        17            19               70
      Equity in income
       (loss) of
       affiliates (10)                   -            (2)               7
    Real Estate and
     Related Assets:
      Interest expense
       incurred                        (12)          (15)             (55)
      Less: interest
       capitalized                      12            15               55
      Interest income
       and other                         7            10               30
      Equity in income
       of unconsolidated
       entities                         14             8               58
  Earnings (loss) from
   continuing operations
   before income taxes                 252           611            1,544
  Income taxes (1) (11)                (86)         (202)            (480)
  Earnings (loss) from
   continuing operations               166           409            1,064
  Earnings (loss) from
   discontinued operations,
   net of taxes (12)                    58            98             (611)
  Net earnings
   (loss) (1)                         $224          $507             $453

  Basic net earnings
   (loss) per share:
      Continuing
       operations                    $0.67         $1.72            $4.35
      Discontinued
       operations                     0.24          0.40            (2.50)
      Net earnings
       (loss) per share

  Diluted net earnings
   (loss) per share:                 $0.91         $2.12            $1.85
      Continuing
       operations                    $0.67         $1.72            $4.33
      Discontinued
       operations                     0.24          0.40            (2.49)
      Net earnings
       (loss) per share              $0.91         $2.12            $1.84

  Dividends paid
   per share                         $0.60         $0.60            $2.20

  Weighted average
   shares outstanding
   (in thousands):
      Basic                        247,428       238,824          244,931
      Diluted                      247,900       239,525          245,780
  Common and
   exchangeable shares
   outstanding at end
   of period
   (in thousands)                  242,929       238,008          238,008



  FOOTNOTES TO CONSOLIDATED EARNINGS
  (in millions)

  (1)The following adjustments were made to 2006 quarterly results to
       apply a new accounting pronouncement to expense planned major
       maintenance costs as incurred:
                                            Year-to-                Year-to-
                                             date                     date
                         Q1 2006  Q2 2006   Q2 2006  Q3 2006  Q4 2006  2006
  Cellulose Fibers          $(5)    $(10)     $(15)    $13       $2     $-
  Fine Paper                  7      (10)       (3)      6       (3)     -
  Containerboard,
   Packaging,
   and Recycling              4       (5)       (1)      1        -      -
                              6      (25)      (19)     20       (1)     -
  Income taxes               (2)       9         7      (7)       -      -
  Net earnings (loss)        $4     $(16)     $(12)    $13      $(1)    $-

  (2)  The third quarter of 2006 includes a $9 million charge related to the
       acquisition of OrganicID, a research and development company.

  (3)The second quarter of 2006 includes an $18 million charge related to
       the restructuring of the Containerboard, Packaging, and Recycling
       business model.

  (4)  See detail of closure charges by segment on page 4.

  (5)  The first quarter of 2007 includes a charge of $22 million for the
       impairment of goodwill associated with Canadian wood products
       distribution facilities.

  (6)  Includes net foreign exchange gains (losses), primarily from
       fluctuations in Canadian and New Zealand exchange rates:

                                                 Year-to-              Year-
                                                   date                  to-
                         Q1    Q1    Q2    Q2    Q2    Q2    Q3    Q4   date
                        2007  2006  2007  2006  2007  2006  2006  2006  2006
                         $7   $(26)  $29   $21$36   $(5)  $17   $15   $27

  (7)  The first and second quarters of 2007 include $34 million and $12
       million, respectively, in asset impairments related to wood products
       facilities. The second quarter also includes a $29 million gain on
       the sale of a previously closed box plant site, a $40 million charge
       for legal settlements and a contract termination, and $6 million in
       additional charges related to the sale of Canadian Wood Products
       distribution facilities. The third quarter of 2006 includes
       $23 million of income related to a reduction of the reserve for
       hardboard siding claims and charges of $7 million for the impairment
       of fixed assets related to production curtailments. The fourth
       quarter of 2006 includes $95 million of income related to a reversal
       of the reserve for alder litigation claims.

  (8)The first quarter of 2006 includes income of $8 million related to a
       warranty insurance recovery.

  (9)  The second quarter of 2007 includes a $42 million charge related to
       the early extinguishment of debt.

  (10)The third quarter of 2006 includes a $2 million charge related to
       the impairment of investments in equity affiliates.

  (11) The second quarter of 2006 includes a one-time tax benefit of
       $48 million related to a change in Texas state income tax law, a
       reduction in the Canadian federal income tax rate and a deferred tax
       adjustment related to the Medicare Part D subsidy.

  (12)Discontinued operations includes the net operating results of the
       operations of the fine paper business and related assets and the
       North American and European composite panels operations. The first
       quarter of 2007 includes a pretax gain of $682 million and related
       tax benefit of $74 million and the second quarter of 2007 includes
       pretax charges of $4 million related to the distribution of the fine
       paper business and related assets to Weyerhaeuser shareholders. The
       first and second quarters of 2006 include charges of $746 million and
       $3 million, respectively, for the impairment of goodwill associated
       with the fine paper business. The third quarter of 2006 includes a
       pretax gain of $51 million and related tax expense of $18 million
       associated with the sale of the North American composite panels
       operations and an $8 million charge to write off additional goodwill
       associated with the coastal British Columbia operations. The fourth
       quarter of 2006 includes a pretax gain of $45 million and related tax
       expense of $4 million associated with the sale of the Irish composite
       panels operations.



  WEYERHAEUSER COMPANY
  STATISTICAL INFORMATION (unaudited)

  Net sales and revenues
   (in millions): (1)(2)       Q1                 Q2         Year-to-date
                        April 1, March 26, July 1, June 25, July 1, June 25,
                          2007     2006     2007     2006    2007    2006
  Timberlands:
    Logs                  $170      $201    $172     $198     $342    $399
    Other products          63        62      39       71      102     133
                           233       263     211      269      444     532
  Wood Products:
    Softwood lumber        574       782     647      857    1,221   1,639
    Plywood                100       135     106      147      206     282
    Veneer                   9        13      14       13       23      26
    Composite panels        24       121      24      140       48     261
    Oriented strand board  152       287     153      273      305     560
    Hardwood lumber         90        99      99      105      189     204
    Engineered I-Joists    117       169     147      202      264     371
    Engineered solid
     section               155       204     185      231      340     435
    Logs                     6         7       4        5       10      12
    Other products         243       256     283      327      526     583
                         1,470     2,073   1,662    2,300    3,132   4,373
  Cellulose Fibers:
    Pulp                   405       394     370      402      775     796
    Liquid packaging
     board                  56        46      72       62      128     108
    Other products          21        13      28       16       49      29
                           482       453     470      480      952     933

  Fine Paper: (2)
    Paper                  432       613       -      601      432   1,214
    Coated groundwood       26        40       -       44       26      84
    Other products           1         1       -        1        1       2
                           459       654       -      646      459   1,300

  Containerboard,
   Packaging and
   Recycling:
    Containerboard         119        82     109       84      228     166
    Packaging              951       911   1,043    1,002    1,994   1,913
    Recycling               94        80     103       85      197     165
    Bags                    23        20      23       20       46      40
    Other products          39        34      49       46       88      80
                         1,226     1,127   1,327    1,237    2,553   2,364

  Real Estate and
   Related Assets          487       690     559      746    1,046   1,436
                                               -
  Corporate and Other       97       116     105      117      202     233

  Less: sales of
   discontinued
   operations             (563)     (925)      -     (928)    (563) (1,853)
                        $3,891    $4,451  $4,334   $4,867   $8,225  $9,318

  (1)  The fourth quarter of 2006 includes 14 weeks of operations compared
       to 13 weeks in all other quarters.

  (2)  First quarter 2007 results include 9 weeks of operations for the fine
       paper business and related assets, prior to the distribution of these
       assets to Weyerhaeuser shareholders.



  Contribution (charge) to pre-tax earnings:
  (in millions)
                               Q1                 Q2         Year-to-date
                        April 1, March 26, July 1, June 25, July 1, June 25,
                          2007     2006     2007     2006    2007    2006
  Timberlands (1)(2)      $175     $198    $142     $224    $317    $422
  Wood
   Products (1)(2)(5)     (167)     117    (123)     131    (290)    248
  Cellulose
   Fibers(1)(2)4)           22       (5)     48       23      70      18
  Fine Paper(1)(2)(4)(6)    20     (756)      -      (20)     20    (776)
  Containerboard,
   Packaging and
   Recycling(1)(2)(4)(7)    67       26     112       69     179      95
  Real Estate and
   Related Assets(2)(8)     58      172      64      123     122     295
  Corporate and
   Other(1)(2)(3)(9)       633     (102)    (44)     (40)    589    (142)
                          $808    $(350)   $199     $510  $1,007    $160



  Net sales and revenues
   (in millions): (1)(2)             Q3              Q4       Year-to-date
                                  Sept. 24,       Dec. 31,      Dec. 31,
                                    2006            2006          2006
  Timberlands:
    Logs                             $200           $182            $781
    Other products                     46             56             235
                                      246            238           1,016
  Wood Products:
    Softwood lumber                   733            625           2,997
    Plywood                           134            113             529
    Veneer                              9              7              42
    Composite panels                   71             25             357
    Oriented strand board             203            176             939
    Hardwood lumber                    96             98             398
    Engineered I-Joists               162            137             670
    Engineered solid
     section                          190            169             794
    Logs                                5              6              23
    Other products                    302            268           1,153
                                    1,905          1,624           7,902
  Cellulose Fibers:
    Pulp                              404            457           1,657
    Liquid packaging
     board                             59             62             229
    Other products                     19             22              70
                                      482            541           1,956

  Fine Paper: (2)
    Paper                             604            652           2,470
    Coated groundwood                  42             45             171
    Other products                      2              -               4
                                      648            697           2,645

  Containerboard,
   Packaging and
   Recycling:
    Containerboard                     92            119             377
    Packaging                         997          1,021           3,931
    Recycling                          89             91             345
    Bags                               23             25              88
    Other products                     44             47             171
                                    1,245          1,303           4,912

  Real Estate and
   Related Assets                     749          1,150           3,335

  Corporate and Other                 123            128             484

  Less: sales of
   discontinued
   operations                        (844)          (882)         (3,579)
                                   $4,554         $4,799         $18,671

  (1)  The fourth quarter of 2006 includes 14 weeks of operations compared
       to 13 weeks in all other quarters.

  (2)  First quarter 2007 results include 9 weeks of operations for the fine
       paper business and related assets, prior to the distribution of these
       assets to Weyerhaeuser shareholders.


  Contribution (charge) to pre-tax earnings:
  (in millions)
                                     Q3              Q4       Year-to-date
                                  Sept. 24,       Dec. 31,      Dec. 31,
                                    2006            2006          2006
  Timberlands (1)(2)                 $178          $167            $767
  Wood
   Products (1)(2)(5)                  11           205             464
  Cellulose
   Fibers(1)(2)4)                      66            58             142
  Fine Paper(1)(2)(4)(6)               68            61            (647)
  Containerboard,
   Packaging and
   Recycling(1)(2)(4)(7)               97            71             263
  Real Estate and
   Related Assets(2)(8)               135           293             723
  Corporate and
   Other(1)(2)(3)(9)                  (78)           (3)           (223)
                                     $477          $852          $1,489



  WEYERHAEUSER COMPANY
  STATISTICAL INFORMATION (unaudited)
  FOOTNOTES TO CONTRIBUTION (CHARGE) TO PRE-TAX EARNINGS
  (in millions)

  (1)  Closure charges                                        Year-to-date
        by segment:     Q1 2007  Q1 2006  Q2 2007  Q2 2006  Q2 2007  Q2 2006
       Timberlands        $-        $-       $-       $-       $-      $-
       Wood Products       3         -       15        1       18       1
       Cellulose Fibers    -        (1)       -        -        -      (1)
       Fine Paper          2         -        -       11        2      11
       Containerboard,
        Packaging and
        Recycling          2         2        3        5        5       7
       Corporate and
        Other              -         -        1        -        1       -
                          $7        $1      $19      $17      $26     $18


       Closure charges                   Year-to-date
        by segment:   Q3 2006   Q4 2006     2006
       Timberlands       $-        $1        $1
       Wood Products     10        48        59
       Cellulose Fibers   1        (3)       (3)
       Fine Paper         3         1        15
       Containerboard,
        Packaging and
        Recycling         3         4        14
       Corporate and
        Other            26         -        26
                        $43       $51      $112


  The above closure charges include costs incurred within the company's
   discontinued operations.



  (2)  Share-based compensation charges (income)
        recognized by                                         Year-to-date
        segment:        Q1 2007  Q1 2006  Q2 2007  Q2 2006  Q2 2007  Q2 2006
       Timberlands        $1        $1       $-       $-       $1      $1
       Wood Products       2         2        2        -        4       2
       Cellulose Fibers    2         1        -        -        2       1
       Fine Paper          -         -        -        -        -       -
       Containerboard,
        Packaging and
        Recycling          1         2        2       (1)       3       1
       Real Estate and
        Related Assets     2         -        1        2        3       2
       Corporate and
        Other             14        15        5       (5)      19      10
                         $22       $21      $10      $(4)     $32     $17


       Share-based compensation charges (income)
        recognized by                    Year-to-date
        segment:      Q3 2006   Q4 2006     2006
       Timberlands      $-        $-         $1
       Wood Products     -         1          3
       Cellulose Fibers  -         1          2
       Fine Paper        1         -          1
       Containerboard,
        Packaging and
        Recycling        1         -          2
       Real Estate and
        Related Assets   -         -          2
       Corporate and
        Other            1         7         18
                        $3        $9        $29



  (3)  Net foreign exchange gains (losses) included in
        Corporate and                                         Year-to-date
        Other:          Q1 2007  Q1 2006  Q2 2007  Q2 2006  Q2 2007  Q2 2006
                           $7     $(26)     $34      $20       $41    $(6)


       Net foreign exchange gains (losses) included in
        Corporate and                    Year-to-date
        Other:          Q3 2006   Q4 2006    2006
                         $17        $14       $25


  (4)  See detail of quarterly adjustments made to apply a new accounting
       pronouncement to expense planned major maintenance costs as incurred
       on page 2.

  (5)  Additional Wood Products notes:
       (a) The first quarter of 2007 includes charges of $22 million for the
           impairment of goodwill associated with Canadian distribution
           facilities and $34 million in asset impairments related to wood
           products facilities.
       (b) The second quarter of 2007 includes a charge of $17 million for
           the expected settlement of litigation
       (c) The second quarter of 2007 includes charges of $12 million in
           asset impairments related to wood products facilities and $6
           million in additional charges related to the sale of Canadian
           distribution facilities.
       (d) The third quarter of 2006 includes $23 million of income related
           to a reduction of the reserves for hardboard siding claims.
       (e) The third quarter of 2006 includes a $51 million gain on the sale
           of the company's North American composite panels operations.
       (f) The third quarter of 2006 includes charges of $7 million for the
           impairment of fixed assets related to production curtailments.
       (g) The fourth quarter of 2006 includes $344 million of income from
           the refund of countervailing and anti-dumping duties.
       (h) The fourth quarter of 2006 includes $95 million of income related
           to a reversal of the reserves for alder litigation claims.

  (6)  Additional Fine Paper notes:
       (a) The first and second quarters of 2006 include charges of $746
           million and $3 million, respectively, for the impairment of
           goodwill associated with the fine paper business.

  (7)  Additional Containerboard, Packaging and Recycling notes:
       (a) The second quarter of 2007 includes a $29 million gain on the
           sale of a previously closed box plant site in California and
           $3 million in charges related to a fire at the Closter, NJ box
           plant.
       (b) The second and third quarters of 2006 include charges of
           $18 million and $3 million, respectively, related to the
           restructuring of the Containerboard, Packaging and Recycling
           business model.

  (8)  Additional Real Estate and Related Assets notes:
       (a) The first and second quarters of 2007 includes net gains (losses)
           on land and lot sales of $3 million and ($1) million,
           respectively. The first, second, third and fourth quarters of
           2006 include net gains (losses) on land and lot sales of
           $33 million, ($1) million, $0, and $110 million, respectively, or
           $142 million year-to-date.
       (b) The second quarter of 2007 includes a gain of $42 million on the
           sale of an apartment project. The fourth quarter of 2006 includes
           a $28 million gain on the sale of an apartment building.
       (c) The second quarter of 2007 includes charges for the impairment of
           assets of $12 million. The second, third, and fourth quarters of
           2006 include charges for the impairment of assets of $3 million,
           $14 million, and $19 million, respectively, or $36 million
           year-to-date.
       (d) The first quarter of 2006 includes income of $8 million related
           to a warranty insurance recovery and income of $9 million related
           to recognition of deferred income in connection with partnership
           restructurings.

  (9)  Additional Corporate and Other notes:
       (a) The first quarter of 2007 includes a $682 million pretax gain and
           the second quarter includes charges of $4 million related to the
           distribution of the fine paper business and related assets to
           Weyerhaeuser shareholders.
       (b) The second quarter of 2007 includes a $23 million charge for
           legal settlements and a contract termination.
       (c) The third quarter of 2006 includes an $8 million charge to write
           off additional goodwill associated with the coastal British
           Columbia operations.
       (d) The third quarter of 2006 includes a $9 million charge related to
           the acquisition of OrganicID, a research and development company.
       (e) The fourth quarter of 2006 includes a $45 million pretax gain on
           the sale of the company's Irish composite panels operations.



  WEYERHAEUSER COMPANY
  STATISTICAL INFORMATION (unaudited)

  Third party
   sales volumes: (1)(2)     Q1                 Q2           Year-to-date
                      April 1, March 26,  July 1, June 25,  July 1, June 25,
                        2007    2006       2007    2006      2007    2006
  Timberlands
   (thousands):
    Logs - cunits       750      935       762      808      1,512   1,743

  Wood Products
   (millions):
    Softwood lumber
     - board feet     1,657    1,921     1,805    2,113      3,462   4,034
    Plywood- square
     feet (3/8")        310      389       305      458        615     847
    Veneer - square
     feet (3/8")         57       61        82       63        139     124
    Composite panels -
     square feet (3/4")  36      302        35      324         71     626
    Oriented strand
     board - square
     feet (3/8")        942    1,000       899    1,069      1,841   2,069
    Hardwood lumber -
     board feet          89      103        99      110       188      213
    Engineered I-Joists
     - lineal feet       82      114       108      137       190      251
    Engineered solid
     section -
     cubic feet           7        9        10       11        17       20
    Logs - cunits
     (in thousands)      46       55        33       46        79      101

  Cellulose Fibers
   (thousands):
    Pulp - air-dry
     metric tons        594      651       524      647     1,118    1,298
    Liquid packaging
     board- tons         67       56        82       71       149      127

  Fine Paper
   (thousands): (2)
    Paper - tons        461      753         -      662       461    1,415
    Coated groundwood
     - tons              38       52         -       59        38      111
    Paper converting
     - tons             318      511         -      474       318      985

  Containerboard,
   Packaging and
   Recycling
   (thousands):
    Containerboard -
     tons               259      211       230      189       489      400
    Packaging - MSF  17,754   18,342    18,965   19,168    36,719   37,510
    Recycling - tons    654      733       656      719     1,310    1,452
    Kraft bags and
     sacks - tons        25       20        23       20        48       40

  Real Estate and
   Related Assets:
    Single-family
     homes sold       1,684    1,472     1,139    1,325     2,823    2,797
    Single-family
     homes closed       976    1,161     1,062    1,483     2,038    2,644
    Single-family
     homes sold but
     not closed at
     end of period    2,207    3,105     2,284    2,947     2,284    2,947



  Third party
   sales volumes: (1)(2)   Q3       Q4    Year-to-date
                       Sept. 24,  Dec. 31,  Dec. 31,
                         2006      2006       2006
  Timberlands
   (thousands):
    Logs - cunits        850        843     3,436

  Wood Products
   (millions):
    Softwood lumber -
     board feet        1,974     1,863      7,871
    Plywood- square
     feet (3/8")         437       379      1,663
    Veneer - square
     feet (3/8")          48        43        215
    Composite panels -
     square feet (3/4")  139        37        802
    Oriented strand
     board - square
     feet (3/8")         989     1,038      4,096
    Hardwood lumber -
     board feet          100        99        412
    Engineered I-Joists
     - lineal feet       110        95        456
    Engineered solid
     section -
     cubic feet            9         7         36
    Logs - cunits
     (in thousands)       26        42        169

  Cellulose Fibers
   (thousands):
    Pulp - air-dry
     metric tons         625       698      2,621
    Liquid packaging
     board- tons          72        76        275

  Fine Paper
   (thousands): (2)
    Paper - tons         641       693      2,749
    Coated groundwood
     - tons               59        64        234
    Paper converting
     - tons              462       485      1,932

  Containerboard,
   Packaging and
   Recycling
   (thousands):
    Containerboard -
     tons                202       254        856
    Packaging - MSF   18,425    18,932     74,867
    Recycling - tons     678       745      2,875
    Kraft bags and
     sacks - tons         22        27         89

  Real Estate and
   Related Assets:
    Single-family
     homes sold          906       838      4,541
    Single-family
     homes closed      1,439     1,753      5,836
    Single-family homes
     sold but not
     closed at end
     of period         2,414     1,499      1,499


  (1)  The fourth quarter of 2006 includes 14 weeks of operations compared
       to 13 weeks in all other quarters.

  (2)  First quarter 2007 results include 9 weeks of operations for fine
       paper and related assets, prior to the distribution of these assets
       to Weyerhaeuser shareholders.



  WEYERHAEUSER COMPANY
  STATISTICAL INFORMATION

  Total production
   volumes: (1)(2)            Q1                 Q2           Year-to-date
                      April 1, March 26,   July 1, June 25, July 1, June 25,
                        2007    2006        2007    2006      2007    2006
  Timberlands
   (thousands):
    Fee depletion
     - cunits           2,140    2,132      2,038   2,083   4,178    4,215

  Wood Products
   (millions):
    Softwood lumber -
     board feet         1,427    1,663      1,451   1,650   2,878    3,313
    Plywood - square
     feet (3/8")          114      241        115     245     229      486
    Veneer - square
     feet (3/8") (3)      298      455        338     455     636      910
    Composite panels -
     square feet (3/4")     -      278          -     288       -      566
    Oriented strand
     board - square
     feet (3/8")          968    1,073        847   1,062   1,815    2,135
    Hardwood lumber -
     board feet            73       82         75      83     148      165
    Engineered I-Joists
     - lineal feet
      87      121        114     136     201      257
    Engineered solid
     section - cubic feet   6       11          9      12      15       23

  Cellulose Fibers
   (thousands):
    Pulp - air-dry
     metric tons          539      676        419     588     958    1,264
    Liquid packaging
     board- tons           60       61         77      75     137      136

  Fine Paper
   (thousands): (2)
    Paper - tons (4)      444      724          -     672     444    1,396
    Coated groundwood
     - tons                43       56          -      56      43      112
    Paper converting
     - tons               318      498          -     461     318      959

  Containerboard,
   Packaging and
   Recycling
   (thousands):
    Containerboard
     - tons (5)         1,515    1,575      1,506   1,533   3,021    3,108
    Packaging - MSF    19,007   19,550     19,721  20,290  38,728   39,840
    Recycling -
     tons (6)           1,619    1,716      1,589   1,684   3,208    3,400
    Kraft bags and
     sacks - tons          23       19         23      20      46       39



  Total production
   volumes: (1)(2)        Q3       Q4   Year-to-date
                      Sept. 24, Dec. 31,  Dec. 31,
                         2006     2006      2006
  Timberlands
   (thousands):
    Fee depletion
     - cunits           2,040     2,195     8,450

  Wood Products
   (millions):
    Softwood lumber -
     board feet         1,559     1,483     6,355
    Plywood - square
     feet (3/8")          237       177       900
    Veneer - square
     feet (3/8") (3)      494       335     1,739
    Composite panels -
     square feet (3/4")   100         -       666
    Oriented strand
     board - square
     feet (3/8")        1,009     1,022     4,166
    Hardwood lumber -
     board feet            82        77       324
    Engineered I-Joists
     - lineal feet
     130        86       473
    Engineered solid
     section - cubic feet  10         8        41

  Cellulose Fibers
   (thousands):
    Pulp - air-dry
     metric tons          660       664      2,588
    Liquid packaging
     board- tons           73        73        282

  Fine Paper
   (thousands): (2)
    Paper - tons (4)      675       725      2,796
    Coated groundwood -
     tons                  59        59        230
    Paper converting -
     tons                 485       487      1,931

  Containerboard,
   Packaging and
   Recycling
   (thousands):
   Containerboard -
     tons (5)           1,544     1,608      6,260
   Packaging - MSF      19,341   20,670     79,851
   Recycling -
     tons (6)           1,641     1,788      6,829
   Kraft bags and
     sacks - tons          18        25         82

  (1)The fourth quarter of 2006 includes 14 weeks of operations compared
       to 13 weeks in all other quarters.

  (2)First quarter 2007 results include 9 weeks of operations for fine
       paper and related assets, prior to the distribution of these assets
       to Weyerhaeuser shareholders.

  (3)Veneer production represents lathe production and includes volumes
       that are further processed into plywood and engineered lumber
       products by company mills.

  (4)Paper production includes unprocessed rolls and converted paper
       volumes.

  (5)Containerboard production represents machine production and includes
       volumes that are further processed into packaging and kraft bags and
       sacks by company facilities.

  (6)Recycling production includes volumes processed in Weyerhaeuser
       recycling facilities that are consumed by company facilities and
       brokered volumes.



  WEYERHAEUSER COMPANY
  STATISTICAL INFORMATION

  CONDENSED CONSOLIDATED
  BALANCE SHEETS (unaudited)
  (in millions)
                                   April 1,         July 1,      Dec. 31,
  Assets                             2007            2007          2006
  Weyerhaeuser
    Current assets:
      Cash and cash equivalents    $1,172            $208          $223
      Receivables, less
       allowances                   1,394           1,508         1,183
      Inventories                   1,437           1,308         1,355
      Prepaid expenses                356             378           385
      Assets held for sale            114               -           105
      Current assets of
       discontinued operations         -                -           870
        Total current assets        4,473           3,402         4,121
      Property and equipment        6,850           6,775         7,061
      Construction in progress        467             544           395
      Timber and timberlands
       at cost, less fee stumpage
       charged to disposals         3,705           3,721         3,681
      Investments in and advances
       to equity affiliates           498             510           499
      Goodwill                      2,158           2,181         2,185
      Deferred pension and
       other assets                 1,378           1,470         1,368
      Restricted assets held by
       special purpose entities      915             916           917
      Noncurrent assets of
       discontinued operations          -               -         3,011
                                   20,444          19,519        23,238

  Real Estate and Related Assets
    Cash and cash equivalents          13               7            20
    Receivables, less allowances       77              75           144
    Real estate in process of
     development and for sale
    1,540           1,561         1,449
    Land being processed for
     development                    1,427           1,476         1,365
    Investments in unconsolidated
     entities, less reserves           81              83            72
    Other assets                      396             383           423
    Consolidated assets not owned     264             287           151
                                    3,798           3,872         3,624
    Total assets                  $24,242         $23,391       $26,862

  Liabilities and Shareholders'
   Interest

  Weyerhaeuser
    Current liabilities:
      Notes payable and
       commercial paper              $163             $92           $72
      Current maturities of
       long-term debt                  70              63           488
      Accounts payable                920           1,010           948
      Accrued liabilities           1,220           1,145         1,363
      Current liabilities of
       discontinued operations          -               -           258
        Total current liabilities   2,373           2,310         3,129
    Long-term debt                  6,849           5,980         7,069
    Deferred income taxes           2,897           2,906         3,011
    Deferred pension, other
     postretirement benefits
     and other liabilities          1,691           1,775         1,759
    Liabilities (nonrecourse
     to Weyerhaeuser) held by
     special purpose entities         763             765           765
    Noncurrent liabilities of
     discontinued operations            -               -           717
                                   14,573          13,736        16,450
  Real Estate and Related Assets
    Notes payable and
     commercial paper                 427             412             -
    Long-term debt                    605             605           606
    Other liabilities                 565             539           606
    Consolidated liabilities
     not owned                        232             246           115
                                    1,829           1,802         1,327
    Total liabilities              16,402          15,538        17,777
    Shareholders' interest          7,840           7,853         9,085
    Total liabilities and
     shareholders' interest       $24,242         $23,391       $26,862



  WEYERHAEUSER COMPANY
  STATISTICAL INFORMATION

  STATEMENT OF CASH
   FLOWS                     Q1                  Q2           Year-to-date
  SELECTED            April 1, March 26,   July 1, June 25, July 1, June 25,
   INFORMATION          2007     2006        2007    2006    2007     2006
  (unaudited)
  (in millions)
  (Weyerhaeuser only,
   excludes Real Estate
   & Related Assets)

    Net cash from
     operations         $180    $(324)       $227     $292     $407   $(32)
    Cash paid for
     property and
     equipment         $(114)   $(182)      $(140)   $(184)   $(254) $(366)
    Cash paid for
     timberlands
     reforestation      $(12)    $(12)       $(12)     $(9)    $(24)  $(21)
    Cash received from
     issuances of debt    $-       $-          $-       $-       $-     $-
    Revolving credit
     facilities, notes
     and commercial paper
     borrowings, net     $10     $(68)        $22      $19      $32   $(49)
    Payments on debt   $(638)   $(158)      $(918)    $(10) $(1,556) $(168)
    Proceeds from the
     sale of
     operations       $1,350       $-          $-       $-   $1,350     $-
    Repurchases of
     common stock         $-       $-        $(22)      $-     $(22)    $-



  STATEMENT OF CASH
   FLOWS                   Q3        Q4    Year-to-date
  SELECTED             Sept. 24,  Dec. 31,  Dec. 31,
   INFORMATION            2006      2006       2006
  (unaudited)
  (in millions)
  (Weyerhaeuser only,
   excludes Real Estate
   & Related Assets)

    Net cash from
     operations          $373      $887      $1,228
    Cash paid for
     property and
     equipment          $(173)    $(273)      $(812)
    Cash paid for
     timberlands
     reforestation        $(6)     $(10)       $(37)
    Cash received from
     issuances of debt     $3        $1          $4
    Revolving credit
     facilities, notes
     and commercial paper
     borrowings, net     $195      $(95)        $51
    Payments on debt     $(58)      $(5)      $(231)
    Proceeds from the
     sale of
     operations          $187       $86        $273
    Repurchases of
     common stock       $(332)    $(340)      $(672)

First Call Analyst:
FCMN Contact:

Photo: NewsCom: 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: Bruce Amundson, +1-253-924-3047, or Analysts, Kathryn McAuley,
+1-253-924-2058, both of Weyerhaeuser Company

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

Top
Welcome to Weyerhaeuser's new website!

You appear to be using an older browser. This website is best viewed using the latest versions of Internet Explorer, Chrome, Safari, and Firefox. If you proceed without upgrading or switching browsers, you may not experience optimal navigation or page functionality. Thank you for your interest in Weyerhaeuser and we hope you enjoy your visit.

Update my browser now

×