Federal Way, Washington, USA, 12 July 2007 — The executive committee of the board of directors of Weyerhaeuser Company (NYSE: WY) on 12 July 2007, declared a dividend of USD 0.60 per share on the common stock of the corporation payable 27 August 2007, to shareholders of record at the close of business 03 August 2007.

Weyerhaeuser Company, one of the world's largest forest products companies, was incorporated in 1900. In 2006, sales were USD 21.9 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. Additional information about Weyerhaeuser's businesses, products, and practices is available at http://www.weyerhaeuser.com.