SEATTLE--(BUSINESS WIRE)--May 12, 2004--Plum Creek Timber Company,Inc. (NYSE:PCL) today announced that Rick Holley, president and chiefexecutive officer, will present at the Davenport & Company Spring 2004Institutional Investor Retreat in Williamsburg, Virginia, on May 14,2004 at approximately 11:00 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 land and timber 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, 800-858-5347
Media: Kathy Budinick, 206-467-3620

SOURCE: Plum Creek Timber Company, Inc.