Spokane, Washington, USA, 20 July 2006 -- (BUSINESS WIRE)-- Directors of Potlatch Corporation (NYSE:PCH) have declared a quarterly distribution on the company's common stock. The distribution of USD 0.49 per share is payable 18 September 2006, to stockholders of record 01 September 2006.

Potlatch is a real estate investment trust (REIT) with 1.5 million acres of forestland in Arkansas, Idaho, Minnesota, and Oregon. Through a taxable REIT subsidiary, the company also operates 13 manufacturing facilities that produce lumber and panel products and bleached pulp products, including paperboard and tissue products.