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Rayonier Hosts Annual Meeting of Shareholders
Thursday, May 21, 2009 4:28 PM


Rayonier (NYSE:RYN) hosted its Annual Meeting of Shareholders today at 4:00 p.m. in Jacksonville, Florida.

At the meeting, the following Directors were re-elected to the Board for three-year terms, expiring in 2012:

- Richard D. Kincaid

- V. Larkin Martin

- Ronald Townsend

In addition, the following Directors, who had been previously appointed to the Board, were elected to the Board for terms as indicated:

- Governor John E. Bush, term expiring 2010

- David W. Oskin, term expiring 2011

The company also reported that Deloitte & Touche LLP was re-appointed as the company’s independent registered public accounting firm. Deloitte & Touche has served in this capacity since 2002.

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 one of the world’s leading producers of high-value specialty cellulose fibers. Approximately 40 percent of the company’s sales are outside the U.S. to customers in nearly 40 countries. Rayonier is structured as a real estate investment trust. More information is available at www.rayonier.com.

Rayonier, Jacksonville
Media Relations:
Helen Rowan, 904-357-9806
or
Investor Relations:
Carl Kraus, 904-357-9158

(Source: Business Wire )


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