Plum Creek Legacy News Releases

Plum Creek to Release Third Quarter Earnings On October 23

Oct 2, 2001

SEATTLE--(BUSINESS WIRE)--Oct. 2, 2001--Plum Creek Timber Company,Inc. (NYSE:PCL) will release its results for the third quarter 2001 onTuesday, October 23, 2001, following the stock market close.

The company will host a conference call led by Rick Holley, PlumCreek President and Chief Executive Officer, on October 23 to discussthe results of the second quarter at 5:00 PM Eastern Time (2:00 PMPacific).

To access the conference call, listeners calling from within NorthAmerica should dial 877/679-9045 at least 15 minutes prior to thestart, referencing the access code: 5555175. 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 code5555175.

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

--30--MS/se*

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




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