sent to employees under Weyerhaeuser letterhead LETTER FROM WEYERHAEUSER to EMPLOYEES June 20, 2002 To our Employees, Re: Queen Charlotte Timberlands; Looking to the Future On June 18, 2002 representatives from the Haida Nation Forest Workers Association, IWA Camp Committee and Weyerhaeuser, Queen Charlotte Timberlands, met to identify areas of common concern and means of moving forward. After a lengthy discussion, all groups agreed to the following areas of common ground; 1. The annual cut should be reduced to 600,000 cubic meters [sic] until a sustainable harvest level is confirmed through the government sponsored and Haida endorsed Turning Point Initiative. To achieve the interim goal of a reduced cut the Haida and Weyerhaeuser will jointly approach the Provincial Government about the company's contractual obligations to harvest 1.11 million cubic meters. [sic] 2. Weyerhaeuser is committed to logging the profile of the forest. 3. A cedar plan will be developed to ensure long-term viability of Haida cultural needs. 4. All parties committed to support maximum employment for Islands' residents within a reduced annual cut. 5. Introduction of additional mechanical harvesting is on hold until further discussion. 6. The parties will endeavor to respect cultural, environmental and economic values in the processes of reconfiguring the forestry operation. The parties committed to meeting again on or about the 2nd of July to further discuss these issues. All parties committed to working constructively to develop a plan to reconfigure forestry operations that reflects the agreed to areas of common ground within 40 days. The process will require detailed discussions among all parties and negotiation of terms with the IWA. While we are optimistic, the outcome of these talks is uncertain, as all groups are exploring options, related to the above principles, at this point. We will keep you informed as discussions proceed. Yours truly, Weyerhaeuser Company Limited Queen Charlotte Timberlands Unit Signed: Ray Lorenzo, QCI