Plum Creek Legacy News Releases

Plum Creek Names James Kilberg Senior Vice President, Real Estate and Land Management

May 4, 2006

SEATTLE--(BUSINESS WIRE)--May 4, 2006--Plum Creek Timber Company,Inc. (NYSE:PCL) appointed James A. Kilberg to the newly-createdposition of senior vice president, real estate and land management.Kilberg, previously vice president, land management at Plum Creek,will report to Executive Vice President Tom Lindquist.

In his new position, Kilberg, 50, will oversee the company's realestate and land asset management businesses, which includes PlumCreek's disposition of non-strategic and higher and better use lands,conservation easements and sales projects, mitigation bank businessand the internal development function.

"Jim's diverse background and breadth of experience across avariety of industries has been valuable to Plum Creek," said RickHolley, president and chief executive officer. "Applying hisleadership skills in this new position will help ensure the companycontinues to maximize the value of its important land assets."

Kilberg joined Plum Creek in 2003. He began his career serving ina variety of marketing positions with IBM and AT&T. In 1983, Kilbergjoined Trammell Crow Company, where he held roles of increasingresponsibility in the development business, including serving asexecutive vice president of asset management for the southeasternUnited States. In 1992, Kilberg became senior director of the PizzaHut division of PepsiCo and later became an officer and vice presidentof the division. In 1995, he joined Pep Boys as vice president of realestate. In 1998, he returned to Trammell Crow Company as a principaland executive vice president to help oversee the company's nationalretail practice and later became managing director for the globalservices business. He remained in this role until joining Plum Creekin 2003 as vice president, land management.

Kilberg earned a Bachelor of Science degree in business fromWashington University in St. Louis, Missouri. He also received amaster's degree in business management from Georgia State University.

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
Media:
Kathy Budinick, 206-467-3620
Investors:
John Hobbs, 800-858-5347

SOURCE: Plum Creek Timber Company, Inc

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