SEATTLE--(BUSINESS WIRE)--Nov. 9, 2006--Plum Creek Timber Company,Inc. (NYSE:PCL) will webcast its annual investor and analyst meetingto be held in New York City on Tuesday, November 14, 2006, at 8:30a.m. EST.

A live audio webcast of the presentation (with slides) will beaccessible from Plum Creek's Internet site at http://www.plumcreek.comby clicking on the "Investors" section and following the directions.

A replay of the webcast will be available on Plum Creek's websitefor approximately one month starting 24 hours after the presentation.

Rick Holley, president and chief executive officer, will host themeeting, which will include a review of Plum Creek's strategies forlong-term shareholder value creation. Other presenters will includeLen Kosar, executive vice president, Tom Lindquist, executive vicepresident, David Lambert, senior vice president and chief financialofficer and Larry Neilson, senior vice president.

Plum Creek is the largest and most geographically diverse privatelandowner in the nation with more than 8 million acres of timberlandsin major timber producing regions of the United States and 10 woodproducts manufacturing facilities in the Northwest.

CONTACT: Plum Creek Timber Company, Inc.
Investors: John Hobbs 1-800-858-5347
Media: Kathy Budinick 1-206-467-3620

SOURCE: Plum Creek Timber Company, Inc.