SEATTLE--(BUSINESS WIRE)--May 12, 2005--In BW5613 issued May 12,2005: Headline of release should read: Plum Creek President and CEO toSpeak at Goldman Sachs Basic Materials Conference 2005; first graph,first sentence should read: ... will present at the Goldman SachsBasic Materials Conference 2005 (sted ... the 12th Annual Cyclicalsand Specialty Materials Forum).

The corrected release reads:

PLUM CREEK PRESIDENT AND CEO TO SPEAK AT GOLDMAN SACHS BASICMATERIALS CONFERENCE 2005

Plum Creek Timber Company, Inc. (NYSE:PCL) today announced thatRick Holley, president and chief executive officer, will present atthe Goldman Sachs Basic Materials Conference 2005 hosted by GoldmanSachs in New York City on May 16, 2005, at approximately 11:15 a.m.EDT.

A live audio webcast (with slides) of the presentation 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 also be available on Plum Creek'swebsite starting 24 hours after the presentation.

Plum Creek is one of the largest private timberland owners in thenation, with approximately 8 million acres of timberlands in majortimber producing regions of the United States and 10 wood productsmanufacturing 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.