Plum Creek Announces Maximum 15% Tax Treatment of 2010 Dividend

Plum Creek Timber Company, Inc. PCL today announced the tax treatment for dividend distributions made in 2010 on its Common Stock. For shareholders of Plum Creek Timber Company, Inc. stock, the total dividend distribution of $1.68 per share is classified for income tax purposes as Capital Gain Distribution, taxed at a maximum rate of 15 percent.