Spokane, Washington, USA, 21 February 2008 --(BUSINESS WIRE)-- The board of directors of Potlatch Corporation (NYSE: PCH) has declared a quarterly distribution on the company's common stock. The distribution of USD 0.51 per share is payable 19 March 2008, to stockholders of record on 05 March 2008.

Potlatch owns 1.7 million acres of forestland in Arkansas, Idaho, Minnesota, and Wisconsin, and operates 13 manufacturing facilities that produce lumber and panel products and bleached pulp products, including paperboard and tissue. The company, which employs 3800 people, also conducts a land sales and development business. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its resources.