Weyerhaeuser Company Announces Cash Tender Offer for Any and All of its 6.750% Notes due 3/15/12

Weyerhaeuser Company (NYSE:WY) (the 'Company?) announced today the
commencement of a cash tender offer to purchase any and all of its
outstanding 6.750% Notes due 3/15/12 (the 'Notes?) from the registered
holders of Notes (a 'Holder?), pursuant to the terms and conditions set
forth in an Offer to Purchase dated June 14, 2010 and the related Letter
of Transmittal.

(1) Per $1,000 principal amount accepted for purchase.

The Offer will expire at 5:00 p.m., New York City time, on June 21,
2010, unless extended (such date and time, as the same may be extended,
the 'Expiration Date?). Holders of Notes must validly tender and not
validly withdraw their Notes at or before 5:00 p.m., New York City time,
on the Expiration Date to be eligible to receive the Purchase Price. The
deadline for Holders to validly withdraw tenders of Notes is 5:00 p.m.,
New York City time, on the Expiration Date. Weyerhaeuser will pay the
Purchase Price for all Notes validly tendered and accepted for purchase
in the Offer.

In addition to the Purchase Price, Holders who tender Notes will be paid
accrued and unpaid interest calculated up to, but not including, the
settlement date (the 'Settlement Date?), paid on the Settlement Date.
The Settlement Date for the Offer is expected to be one business day
following the Expiration Date, or June 22, 2010.

Deutsche Bank Securities Inc. and J.P. Morgan Securities Inc. are the
lead dealer managers for the Offer. BofA Merrill Lynch, Citi, Goldman,
Sachs & Co. and Morgan Stanley & Co. Incorporated are the co-dealer
managers for the Offer. Global Bondholder Services Corporation is the
Depositary and Information Agent. This news release is neither an offer
to purchase nor a solicitation of an offer to sell the Notes. The Offer
is made only by the Offer to Purchase and related Letter of Transmittal
dated as of today′s date, and the information in this news release is
qualified by reference to the Offer to Purchase and related Letter of
Transmittal. Persons with questions regarding the Offer should contact
Deutsche Bank Securities Inc. toll free at (866) 627-0391 or collect at
(212)  250-2955, Attn. Liability Management Group or J.P. Morgan
Securities Inc. toll free at (866) 834-4666 or collect at (212)
834-3424, Attn. Liability Management Group. Requests for documents
should be directed to Global Bondholder Services Corporation toll free
at (866)  470-3900 or collect at (212) 430-3774.

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 22 million acres of timberland worldwide on a sustainable
basis in compliance with internationally recognized forestry standards.
At the end of 2009, we employed approximately 14,900 employees in 10
countries. We have customers worldwide and generated $5.5 billion in
sales in 2009. 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 Company

Media

Bruce Amundson

253-924-3047

or

Analysts

Kathryn
McAuley

253-924-2058