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Willamette Industries Declares Dividend

    PORTLAND, Ore., Nov. 8 /PRNewswire/ -- Willamette Industries' (NYSE: WLL)
Board of Directors today declared a dividend of $0.23 per share.  The dividend
is payable on December 14, 2001 to shareholders of record on
November 26, 2001.
    Willamette Industries is an integrated forest products company with
105 plants, located in the U.S., France, Ireland and Mexico.  The company owns
1.7 million acres of forestland in the U.S. and manages it sustainably to
produce building materials, composite wood panels, fine paper, office paper
products, corrugated packaging and grocery bags.


SOURCE Willamette Industries, Inc.




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    CONTACT:
    Paul Verbinnen, or David Reno, or Jim Barron,
    all of Citigate Sard Verbinnen, +1-212-687-8080, for Willamette
    Industries, Inc.; or Greg Hawley, EVP & CFO of Willamette
    Industries, Inc., +1-503-273-5640