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Jacksonville, Florida, USA, 09 April 2010 -- (BUSINESS WIRE) -- Rayonier (NYSE:RYN) today announced that proxy materials for the company's 2010 annual meeting of shareholders have been filed with the Securities and Exchange Commission.

Shareholders of record at the close of business on 22 March 2010, are entitled to notice of, and to vote at, Rayonier's Annual meeting of shareholders on 20 May 2010, at 4 p.m. at the Omni Jacksonville Hotel, 245 Water Street, Jacksonville, FL 32202.

Rayonier is once again furnishing its proxy materials to shareholders via the Internet. As a result, instead of paper copies of its proxy statement and 2009 annual report to shareholders, which includes the annual report on form 10-K for the fiscal year ended 31 December 2009, the company is mailing its shareholders a notice regarding the Internet availability of the proxy materials. This notice contains instructions regarding how to access the materials and vote over the Internet. Shareholders who wish to obtain paper copies of Rayonier's proxy materials may do so by following the instructions provided in the notice.

Rayonier is a leading international forest products company with three core businesses: Timber, Real Estate and Performance Fibers. The company owns, leases, or manages 2.5 million acres of timber and land in the United States and New Zealand. The company's holdings include approximately 200,000 acres with residential and commercial development potential along the fast-growing Interstate 95 corridor between Savannah, Georgia, and Daytona Beach, Florida. Its Performance Fibers business is one of the world's leading producers of high-value specialty cellulose fibers. Approximately 40% of the company's sales are outside the United States to customers in nearly 40 countries. Rayonier is structured as a real estate investment trust. More information is available at www.rayonier.com.

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