SEATTLE--(BUSINESS WIRE)--Jan. 2, 2004--Plum Creek Timber Company,Inc. (NYSE:PCL) will release its fourth quarter and full year 2003earnings on Thursday, January 22, 2004, following the stock marketclose.

The Company will host a conference call led by Rick Holley, PlumCreek's President and Chief Executive Officer, on January 22, 2004, todiscuss these results at 5:00 p.m. EST (2:00 p.m. PST).

A live webcast of the conference call may be accessed through PlumCreek's Internet site at www.plumcreek.com by clicking on the"Investors" link.

To access the conference call by telephone, listeners calling fromthe United States and Canada should dial 1-800-572-9852 at least 10minutes prior to the start of the event, referencing Plum Creek'searnings. Those wishing to access the call from outside the UnitedStates and Canada should dial 1-706-645-9676, also referencing PlumCreek's earnings. Replay of the call will be available for 48 hoursafter completion of the live call and can be accessed at1-800-642-1687 or 1-706-645-9291 (international calls), using the code4766952.

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

    CONTACT: Plum Creek Timber Company, Inc.             Investor Relations, 206-467-3600 or 800-858-5347             www.plumcreek.com    SOURCE: Plum Creek Timber Company, Inc.