Rayonier CFO to Present at UBS Warburg's Paper and Forest Products Conference.

Business Editors

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Sept. 18, 2002

Rayonier (NYSE:RYN) CFO Gerald Pollack will deliver a presentation at UBS Warburg's Paper and Forest Products Conference, Thursday, September 26, at 10:15 a.m. in New York City. Pollack will discuss Rayonier's

Interested parties are invited to listen to the live presentation by logging onto http://www.rayonier.com and following the link. Listeners should log onto the site 30 minutes prior to Pollack's presentation to register, download and install any necessary software.

A replay of the webcast will also be available on Rayonier's website following the presentation.

Rayonier is the world's premier supplier of high performance specialty cellulose fibers and has 2.2 million acres of timberland in the U.S. and New Zealand. About half of Rayonier's sales are outside the U.S. to customers in approximately 60 countries.

For further information, visit the company's web site at http://www.rayonier.com. Complimentary copies of Rayonier press releases and other financial documents are also available by mail or fax by calling 1-800-RYN-7611.