"Habitat" reaps benefit of Weyerhaeuser effort.

"HABITAT" REAPS BENEFIT OF WEYER-HAEUSER EFFORT. Weyerhaeuser Corp., Federal Way, Washington, USA said the tiny seedlings it planted at Mount St. Helens after it erupted 25 years ago now stand 70-feet tall and are part of an ambitious campaign to shelter at least 25 families across the United States and Canada. The company will partner with Weyerhaeuser customers and Habitat for Humanity, Americus, Georgia to give people in need a new beginning.

Weyerhaeuser said US$ 1 million will be delivered in grant dollars from the Weyerhaeuser Co. Foundation and in packages of Weyerhaeuser lumber. Company employees will work with Habitat for Humanity affiliates in 18 states and three Canadian provinces to complete 25 homes by May 2006.

IN OTHER WEYERHAEUSER NEWS: the company completed the sale of its British Columbia Coastal Group assets to Brascan Corp., Toronto, Canada. The sale was for approximately C$ 1.4 billion (US$ 1.1 billion), including working capital. The transaction includes 258,000 hectares (635,000 acres) of private timberlands and the annual harvesting rights to 3.6 million cubic meters of public land timber. The sale also includes five softwood sawmills, with a combined annual production of 690 million board feet, and two remanufacturing facilities.