Market Overview

Plum Creek Announces Tax Treatment of 2015 Dividend

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SEATTLE--(BUSINESS WIRE)--

Plum Creek Timber Company, Inc. (NYSE: PCL) today announced the tax treatment for dividend distributions made in 2015 on its Common Stock.

Plum Creek's total 2015 dividend distribution of $1.76 per share is classified for income tax purposes as long-term capital gain.

Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of Plum Creek's dividend distributions.

The table below summarizes the income tax treatment of the company's 2015 dividends:

           
2015 Dividend Tax Reporting Information (Form 1099-DIV)

Plum Creek Timber Company, Inc.

Common Stock

CUSIP #729251108

Ticker Symbol: PCL

 
     

February

Distribution

 

May

Distribution

 

August

Distribution

 

November

Distribution

  Total

Capital Gain Distributions

(long-term rates)

    100%   100%   100%   100%   100%
Nondividend Distributions

(return of capital)

    0%   0%   0%   0%   0%
Total     100%   100%   100%   100%   100%
 

Plum Creek is among the largest and most geographically diverse private landowners in the nation with more than 6 million acres of timberlands in 19 states. We also operate wood products mills in the Northwest. We manage our working forests using sustainable practices to benefit Plum Creek's many stakeholders. Our employees work together to create shareholder value, serve as stewards of the environment, make wood products for everyday use, and build strong communities. Please visit www.plumcreek.com for the latest information about Plum Creek.

Plum Creek Timber Company, Inc.
Investors:
John Hobbs, 1-800-858-5347
or
Media:
Kathy Budinick, 1-888-467-3751

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