Plum Creek Legacy News Releases

Plum Creek Names Joan Fitzmaurice to Newly Created Position of Vice President -- Audit and Financial Services

Jun 19, 2002

SEATTLE, Jun 19, 2002 (BUSINESS WIRE) -- Plum Creek Timber Company, Inc.(NYSE:PCL) named Joan K. Fitzmaurice to the newly created post of Vice President-- Audit and Financial Services.

Fitzmaurice will have responsibility for the Audit, Information Technology, andInvestor Relations functions of Plum Creek and will report directly to Rick R.Holley, President and CEO of the company.

Prior to joining Plum Creek, Fitzmaurice, 44, was a Partner at the accountingfirm of PricewaterhouseCoopers. During her 18 years in public accounting,Fitzmaurice worked with clients in many different industries and has beeninvolved in numerous complex transactions, including Plum Creek's 1999conversion from a master limited partnership to real estate investment trust andthe company's recent merger with The Timber Company. She is a graduate of theUniversity of Washington.

"Joan's knowledge of our industry and breadth of experience increases ourmanagement team's depth," said Holley. "Her addition not only brings additionalcapabilities to these important areas of our business, but also frees executivemanagement time to focus on the strategic growth of our company."

Plum Creek, a real estate investment trust, is one of the largest land owners inthe nation, with 7.8 million acres of timberlands in every major timber regionof the United States and ten wood product mills in the Northwest.

More information on Plum Creek Timber Co. may be accessed at:http://www.businesswire.com/cnn/pcl.shtml.

Note: A Photo is available at URL:http://www.businesswire.com/cgi-bin/photo.cgi?pw.061902/bb7

CONTACT:
Plum Creek Timber Company, Inc.
John Hobbs, 206/467-3628 or 800/858-5347
Bob Jirsa, 206/467-3626
www.plumcreek.com

URL: http://www.businesswire.com
Copyright (C) 2002 Business Wire. All rights reserved.

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