SEATTLE--(BUSINESS WIRE)--July 1, 2003--Plum Creek Timber Company,Inc. (NYSE: PCL) will release its second quarter earnings on Monday,July 21, 2003, following the stock market close.

The Company will host a conference call led by Rick Holley, PlumCreek's President and Chief Executive Officer, on July 21, 2003, todiscuss these results at 5:00 PM EDT (2:00 PM PDT).

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/Canada should dial 1-800- 572-9852 at least 10minutes prior to the start, referencing Plum Creek's earnings. Thosewishing to access the call from outside United States/Canada shoulddial 1-706-645-9676, also referencing Plum Creek's earnings. Replay ofthe call will be available for 48 hours after completion of the livecall and can be accessed at 1-800-642-1687 or 1-706-645-9291(international calls), using the code 1573821.

Plum Creek is one of the largest landowners in the nation, witheight million acres of timberlands in every region of the UnitedStates and ten wood product manufacturing facilities in the Northwest.

CONTACT:
Plum Creek Timber Company, Inc.
Barbara Garland (IR), 206/467-3600 or 800/858-5347
www.plumcreek.com

SOURCE: Plum Creek Timber Company, Inc.