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PLUM CREEK UNIT SPLIT BECOMES EFFECTIVE

 SEATTLE, Dec. 6 /PRNewswire/ -- Plum Creek Timber Co., L.P. (NYSE: PCL) reported that its previously approved three-for-one Unit split becomes effective today for Unitholders of record on Nov. 15, 1993. Effective today there will be 40,608,300 Units outstanding. "The Unit split reflects the confidence of Plum Creek's management and Board in the Company's continued strong financial and operational performance. We also believe the split will improve liquidity and make the Units more accessible to a greater number of potential Unitholders," said David D. Leland, Chairman, President and Chief Executive Officer.
 Leland noted that wood product demand worldwide continues to strengthen and this, in combination with continued curtailment of log supplies from public lands, will likely move prices for wood products and logs above record levels achieved in late 1992 and early 1993. Leland commented that Plum Creek expects to report record earnings for 1993 and is very optimistic about 1994, due both to higher prices and the impact of the Company's recent acquisition of 865,000 acres of timberland in western Montana.
 Plum Creek is an integrated forest products company with timberlands and mills located in the Pacific Northwest.
 -0- 12/6/93
 /CONTACT: Shelley Monfor of Plum Creek, 206-467-3613/
 (PCL)


CO: Plum Creek Timber Co., L.P. ST: Washington IN: PAP SU:

JH-RB -- SE005 -- 0714 12/06/93 11:07 EST
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Publication:PR Newswire
Date:Dec 6, 1993
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