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Press release from Business Wire

Weyerhaeuser Company Declares Dividend

Thursday, April 14, 2011

Weyerhaeuser Company Declares Dividend16:02 EDT Thursday, April 14, 2011 FEDERAL WAY, Wash. (Business Wire) -- The board of directors of Weyerhaeuser Company (NYSE: WY) on April 14 declared a dividend of 15 cents per share on the common stock of the corporation payable June 1, 2011 to shareholders of record at the close of business May 13, 2011. Weyerhaeuser Company, one of the world's largest forest products companies, began operations in 1900. We grow and harvest trees, build homes and make a range of forest products essential to everyday lives. We manage our timberland on a sustainable basis in compliance with internationally recognized forestry standards. At the end of 2010, we employed approximately 14,000 employees in 10 countries. We have customers worldwide and generated $6.6 billion in sales in 2010. Our stock trades on the New York Stock exchange under the symbol WY. Additional information about us is available at http://www.weyerhaeuser.com. Weyerhaeuser CompanyMediaBruce Amundson, 253-924-3047orAnalystsKathryn McAuley, 253-924-2058