Rayonier Inc. (NYSE:RYN) plans to release its second quarter 2008 earnings on Tuesday, July 22, 2008, before the market opens.

Rayonier will host a conference call with the investment community at 2:00 p.m. EDT the same day to discuss these results. Investors may access the “listen only” conference call by dialing (913) 312-0950.

A replay of the teleconference will also be available from 5:00 p.m. EDT on Tuesday, July 22, until midnight on Tuesday, July 29. The replay number is (719) 457-0820 and the confirmation code is 9003416.

To listen to a live webcast of this conference call, log on to www.rayonier.com and follow the link. Supplemental material for this call will be available on the website. A replay of this webcast will also be available on the site shortly after the call.

About Rayonier

Rayonier is a leading international forest products company with three core businesses: Timber, Real Estate and Performance Fibers. The company owns, leases or manages 2.6 million acres of timber and land in the United States and New Zealand. The company’s holdings include approximately 200,000 acres with residential and commercial development potential along the fast-growing Interstate 95 corridor between Savannah, Georgia, and Daytona Beach, Florida. Its Performance Fibers business is the world’s leading producer of high-value specialty cellulose fibers. Approximately 40 percent of the company’s sales are outside the U.S. to customers in more than 50 countries. Rayonier is structured as a real estate investment trust. More at www.rayonier.com.

Rayonier Inc.
Media Relations:
Shannon Thuren, 904-357-9181
or
Investor Relations:
Carl Kraus, 904-357-9158