Federal Way, Washington, USA, 16 October 2008 — The board of directors of Weyerhaeuser Company (NYSE: WY) on 16 October declared a dividend of 60 cents per share on the common stock of the corporation, payable 01 December 2008, to shareholders of record at the close of business 07 November 2008.

Weyerhaeuser Company, one of the world's largest forest products companies, was incorporated in 1900. In 2007, sales were USD 16.3 billion. It has offices or operations in 13 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution, and sale of forest products; and real estate construction, development, and related activities. Additional information about Weyerhaeuser's businesses, products, and practices is available at http://www.weyerhaeuser.com.