Plum Creek Legacy News Releases

Plum Creek Corrects Date for Fourth Quarter and Full Year 2001 Earnings Release and Conference Call - Correct Date January 29

Jan 10, 2002

SEATTLE--(BUSINESS WIRE)--Jan. 10, 2002--Plum Creek TimberCompany, Inc. (NYSE:PCL) will release its fourth quarter and full year2001 earnings on Tuesday, January 29, 2002, following the stock marketclose.

Due to a typographical error an earlier release set the date asTuesday, January 22.

The company will host a conference call led by Rick Holley, PlumCreek's President and Chief Executive Officer, on January 29, 2002, todiscuss these results at 5:00 PM Eastern Standard Time (2:00 PM PST).

To access the conference call, listeners calling from within NorthAmerica should dial 877/679-9045 at least 10 minutes prior to thestart, referencing the access code 5761547. Those wishing to accessthe call from outside North America should dial 952/556-2802, alsoreferencing the access code. Replays of the call will be available for48 hours after completion of the live call and can be accessed at800/615-3210 or 703/326-3020 (outside North America), using the code5761547.

A webcast of the call may also be accessed through Plum Creek'sInternet site at www.plumcreek.com by clicking on the "Investor" link.

Plum Creek, a real estate investment trust, is one of the largestland owners in the nation, with timberlands in the Northwest,Southern, and Northeast regions of the United States and nine woodproduct mills in the Northwest.

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

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




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