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Press release from Business Wire

Plum Creek Promotes Russell Hagen to Senior Vice President

Thursday, December 01, 2011

Plum Creek Promotes Russell Hagen to Senior Vice President16:05 EST Thursday, December 01, 2011 SEATTLE (Business Wire) -- Plum Creek Timber Company, Inc. (NYSE: PCL) announced today that Russell Hagen has been appointed senior vice president, Business Development. In this role, he will oversee the company's business development activities, including acquisitions and dispositions, while continuing to manage the Energy and Natural Resource business. “Russell has been an integral member of Plum Creek's management team,” said Rick Holley, president and chief executive officer. “This appointment is in recognition of the value he has added to the company through his leadership, particularly in our Energy and Natural Resources business.” Hagen began his career in 1988 with PricewaterhouseCoopers LLC where he was a certified public accountant. He joined Plum Creek in 1993 as manager of internal audit and has since held positions of increasing responsibility at the company including director-level positions in accounting, financial operations, risk management and information technology. Prior to his current role, he also held vice-president level positions in real estate development and business development. Hagen received a Bachelor of Science degree in business and accounting from Seattle University. Plum Creek is the largest and most geographically diverse private landowner in the nation with approximately 6.7 million acres of timberlands in major timber producing regions of the United States and wood products manufacturing facilities in the Northwest. For more information, visit www.plumcreek.com. Plum Creek Timber Company, Inc.Investors: John Hobbs 1-800-858-5347Media: Kate Tate 1-888-467-3751