1. Forest Management Certification through the Sustainable Forestry Initiative (SFI ™ ) Rev. 2/3/06 Content owned by: EMS Manager SFI Overview

2. Forest Certification: … A worldwide movement … Provides assurances of acceptable forest management when producing wood fiber Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 2

3. AF&PA’s Sustainable Forestry Initiative (SFI ™ ) Western Timberlands Environmental Management System (EMS) is designed to satisfy the standards of: ISO 14001 and meet the objectives of: Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 3

4. What is the Sustainable Forest Initiative (SFI ) program? A comprehensive system of: principles, objectives and performance measures developed by: professional foresters conservationists and scientists that combines: the perpetual growing and harvesting of trees with the long-term protection of wildlife, plants, soil and water quality Rev. 2/3/06 ™ Content owned by: EMS Manager SFI Overview 4

5. What is “sustainable forest management”? Forest management practices that meet the needs of the present without compromising the ability of future generations to meet their needs A land stewardship ethic that integrates: reforestation and the managing, growing, nurturing and harvesting of trees for useful products with: the conservation of soil, air and water quality, biological diversity, wildlife and aquatic habitat recreation and aesthetics Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 5

6. SFI ™ Program Participants support the following principles: Sustainable Forestry Responsible Practices Reforestation and Productive Capacity Forest Health and Productivity Long-term Forest and Soil Productivity Protection of Water Resources Protection of Special Sites & Biological Diversity Legal Compliance Continual Improvement Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 7

7. Independent auditors determine our compliance with national standards to: Protect soil and water... Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 12

8. Enhance wildlife... Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 13

9. Contribute to biodiversity... Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 14

10. Protect special sites... Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 15

11. Offer recreation and preserve aesthetics... Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 16

12. While yielding good utilization of fiber, sustainable management of timber, and attractive returns to investors. Rev. 2/3/0617

13. Independent auditors certify that: Management systems (policies, plans, procedures, etc.) achieve SFI ™ program objectives (wildlife, water, reforestation, etc.) Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 18

14. Benefits of third-party audits Ensures consistency and integrity of the evaluation Brings in outside views Establishes credibility with public Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 19

15. Weyerhaeuser’s Western Timberlands (currently ~2,250,000 acres) received independent SFI ™ certification in July 2001. Rev. 2/3/06 Content owned by: EMS Manager SFI Overview 20