SEATTLE--(BUSINESS WIRE)--March 8, 2004--The National Associationof Conservation Districts (NACD) recently honored Plum Creek(NYSE:PCL) with its 2003 Business Conservation Leadership Award.Charles Holmes, chairman of NACD's Forest Resources Committee,presented the award at the organization's 58th Annual Meeting inFebruary.

"Plum Creek is recognized as a national leader in the SustainableForestry Initiative® program and demonstrates its environmentalcommitment on its own property," said Charles Holmes, chairman ofNACD's Forest Resources Committee. "It was one of the first companiesto voluntarily identify unique sites on its properties that areprotected for their biological, historical and physical treasures. Thecompany maintains a strong working relationship with the conservationdistricts in counties where it owns land."

"Plum Creek is pleased to receive this recognition for ourconservation efforts," said Rick Holley, president and chief executiveofficer. "We're proud of the relationship that we've established withthe NACD and pleased to have Plum Creek employees serving on itsForest Resources Committee and district boards."

Each year, NACD recognizes a business that has planned and carriedout impressive land, water and related resource management practiceson its property in cooperation with a local conservation district, orhas provided financial, personal or other assistance to a district,state or national conservation program.

Plum Creek is one of the largest land and timber owners in thenation, with over 8 million acres of timberlands in major timberproducing regions of the United States and 10 wood productsmanufacturing facilities in the Northwest.

Contact:
Plum Creek
Kathy Budinick, 206-467-3620