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Weyerhaeuser News Release

Weyerhaeuser Company Declares Dividend

FEDERAL WAY, Wash., February 9, 2012 The Board of Directors of Weyerhaeuser Company (NYSE: WY) on February 9, 2012, declared a dividend of $0.15 per share on the common stock of the corporation payable March 15, 2012, to shareholders of record at the close of business March 1, 2012.

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 2011, we employed approximately 12,800 employees in 11 countries. We have customers worldwide and generated $6.2 billion in sales from continuing operations in 2011. Our stock trades on the New York Stock exchange under the symbol WY. Additional information about us is available at http://www.weyerhaeuser.com.

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