January 12, 2017

Potlatch Announces Tax Treatment for 2016 Dividend Distributions

SPOKANE, Wash., Jan. 12, 2017 (GLOBE NEWSWIRE) -- Potlatch Corporation (NASDAQ:PCH) announced today the tax treatment for its dividend distributions made in 2016 on the company's Common Stock. The total dividend distribution of $1.50 per share is classified for income tax purposes as a Capital Gain Distribution.

The table below summarizes the income tax treatment of the company's 2016 dividends:

2016 Dividend Tax Reporting Information (Form 1099-DIV)
Potlatch Corporation Common Stock: PCH
CUSIP# 737630103

 March
Distribution
June
Distribution
September
Distribution
December
Distribution
 

Total
Capital Gain Distributions          
(long-term 20% rate)$0.375$0.375$0.375$0.375$1.50

Shareholders are encouraged to consult with their tax advisors regarding the tax treatment for their Potlatch distributions.

ABOUT POTLATCH

Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.4 million acres of timberland in Alabama, Arkansas, Idaho, Minnesota and Mississippi. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its forest resources. The company also conducts a land sales and development business and operates wood products manufacturing facilities through its taxable REIT subsidiary. For more information about the company, visit our website at www.potlatchcorp.com.

(Investors)
Jerry Richards
509-835-1521

(Media)
Mark Benson
509-835-1513


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