Weyerhaeuser Plans Indefinit Closure of Carrot River Sawmill and Hudson Bay Plywood Mill

Federal Way, Washington, USA, 02 October 2006 -- /PRNewswire/ -- Weyerhaeuser Company informed employees today that it plans market-related indefinite production curtailments at its sawmill in Carrot River, Saskatchewan, and its plywood mill in Hudson Bay, Saskatchewan, Canada.

The shutdowns are scheduled to begin on 03 January 2007. Because of the indefinite nature of these production curtailments, employees are being given 90 days' working notice, as is required by Saskatchewan labor regulations.

"This announcement is to balance our production to our orders and is not based on the performance of the employees at Carrot River and Hudson Bay Plywood," said Fred Rowson, Weyerhaeuser area manager for softwood lumber. "Over the past months and years they have worked diligently to respond to each new challenge and to improve their performance. Unfortunately, the factors forcing the indefinite curtailment of operations at the mills are beyond their control."

Almost 300 employees are affected by the announcement -- 183 at the Hudson Bay plywood mill and 116 at the Carrot River sawmill.

The Hudson Bay mill produces softwood plywood for use in residential construction. The mill in Carrot River produces softwood lumber studs that are also used primarily in residential construction.

Weyerhaeuser Company (NYSE:WY), one of the world's largest integrated forest products companies, was incorporated in 1900. In 2005, sales were USD 22.7 billion. It has offices or operations in 18 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. Weyerhaeuser Company Limited, a wholly owned subsidiary, has Exchangeable Shares listed on the Toronto Stock Exchange under the symbol WYL. Additional information about Weyerhaeuser's businesses, products, and practices is available at http://www.weyerhaeuser.com/.