SEATTLE, WASHINGTON -- April 25, 2000 -- Plum Creek Timber Company, Inc. (NYSE: PCL) today announced a quarterly cash dividend to shareholders of $0.57 per share, payable on May 30, 2000, to stockholders of record as of May 17, 2000.

Plum Creek is one of the largest timberland owners in the nation with timberlands and mills located in the Northwest, Southern and Northeast regions of the United States.