Weyerhaeuser Company Declares Dividend

                    Weyerhaeuser Company Declares Dividend

Board also declares dividend on Mandatory Convertible Preference Shares

PR Newswire

FEDERAL WAY, Wash., Oct. 9, 2013

FEDERAL WAY, Wash., Oct. 9, 2013 /PRNewswire/ -- Weyerhaeuser Company (NYSE:
WY) today announced that its board of directors declared a dividend of $0.22 
per share on the Common Stock of the company, payable in cash on November 27,
2013 to holders of record of such common shares at the close of business on
November 1, 2013. Additionally, the company's board of directors has declared
a dividend of $0.7969 per share on the company's 6.375% Mandatory Convertible
Preference Shares, Series A, which will be payable in cash on January 1, 2014
to holders of record of such mandatory convertible preference shares at the
close of business on December 15, 2013.

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About Weyerhaeuser
Weyerhaeuser Company, one of the world's largest private owners of
timberlands, began operations in 1900. We own or control nearly 7 million
acres of timberlands, primarily in the U.S., and manage another 14 million
acres under long-term licenses in Canada. We manage these timberlands on a
sustainable basis in compliance with internationally recognized forestry
standards. We are also one of the largest manufacturers of wood and cellulose
fibers products, and we develop real estate, primarily as a builder of
single-family homes. Our company is a real estate investment trust. In 2012,
we generated $7.1 billion in sales and employed approximately 13,200 people
who serve customers worldwide. We are listed on the Dow Jones World
Sustainability Index. Our common stock trades on the New York Stock Exchange
under the symbol WY. Learn more at www.weyerhaeuser.com.

For more information contact:
Media – Anthony Chavez, 253-924-7148
Analysts – Kathryn McAuley, 253-924-2058

SOURCE Weyerhaeuser

Website: http://www.weyerhaeuser.com