Chart Plum Creek Legacy News Releases

Plum Creek Timber Company, Inc. Announces Quarterly Dividend Of $0.57 Per Share

Jul 23, 2001

Contact:
Barbara W. Garland
Investor Relations
(206) 467-3600 or 1-800-858-5347
www.plumcreek.com

SEATTLE, WASHINGTON -- July 24, 2001 -- Plum Creek Timber Company, Inc. (NYSE: PCL) today announced a quarterly cash dividend of $0.57 per share, payable on August 31, 2001, to shareholders of record as of August 17, 2001.

Plum Creek, a real estate investment trust (REIT), is the fourth largest private timberland owner in the nation, with timberlands in the Northwest, South and Northeast regions of the United States, and nine wood product mills in the Northwest.

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