Weyerhaeuser receives support for bioenergy

Dec. 21, 2010, Grande Prairie, AB –
Weyerhaeuser's Grande Prairie mill is receiving more than $32 million from
Canada’s Pulp and Paper Green Transformation Program. Weyerhaeuser is investing
its credits in a new turbine generator so its Grande Prairie pulp mill can
better meet its own energy needs and sell excess electricity to the grid. As a
result, approximately 2,800 homes in regions that need electricity will have
access to carbon-neutral power.

"The support shown by Canada with this
investment, together with the support from Alberta for this new turbine
generator, has served as a catalyst for additional investment at the Grande
Prairie mill that will result in the generation of even more renewable
energy," says Anne Giardini, president of Weyerhaeuser.

The total value of the turbine generator
project is approximately $50 million. The Alberta government is
contributing $4.5 million and Weyerhaeuser is investing the remaining amount.

"Alberta's bioenergy programs support
companies like Weyerhaeuser as they improve their environmental performance and
increase their production of renewable energy," notes Wayne Drysdale,
Member of the Legislative Assembly for Grande Prairie–Wapiti. "This
project is a win for the paper and pulp sector as it becomes more
environmentally sustainable, a win for Alberta as we achieve cleaner energy
production, and a win for our communities as new funding for projects continues
to attract new private sector investment to Alberta."