SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
March 18, 1999
(Date of Report)
GEORGIA-PACIFIC CORPORATION
(Exact Name of Registrant as Specified in its Charter)
GEORGIA
(State of Incorporation)
1-3506
(Commission File Number)
93-0432081
(IRS Employer Identification Number)
133 PEACHTREE STREET, N.E., ATLANTA, GEORGIA 30303
(Address of Principal Executive Offices)
(404) 652-4000
(Registrant's Telephone Number, including area code)
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ITEM 5. OTHER EVENTS.
On March 18, 1999, the Corporation provided the following to the Dow Jones
News Service.
GEORGIA-PACIFIC GROUP ANTICIPATES EARNINGS ABOVE ESTIMATES
Georgia-Pacific Corp. said today that it expects to report earnings for the
first quarter of 1999 for its Georgia-Pacific Group that are well above current
First Call earnings per share estimates for the period. Based on results
through February, the corporation said first quarter earnings for Georgia-
Pacific Group could approach and possibly exceed $1 per share.
During February, continued strong sales were recorded in the Group's
building products segment. In particular, both the structural panels and gypsum
businesses have experienced strong volume and continued strength in prices. The
company's lumber business also improved in the first two months and its building
products distribution segment continues to post improving results.
Georgia-Pacific's pulp and paper and its containerboard and packaging
segments have recorded nominal improvements due to improving global demand.
Recent price improvements in some businesses have provided additional positive
factors. The company's tissue business is posting excellent results and its
pricing also improved during the first two months of 1999.
For more information (media): Ken Haldin 404/652-6098
Greg Guest 404/652-4739
(analysts): Rich Good 404/652-4720
Certain statements contained in this update, including 1999 first quarter
earnings projections, are forward-looking statements (as such term is defined
under the Private Securities Litigation Reform Act of 1995) based on current
expectations. The accuracy of such statements is subject to a number of risks,
uncertainties and assumptions. Factors that could cause or contribute to actual
financial results differing materially from such forward-looking statements
include those risks, uncertainties and assumptions discussed in the company's
Securities and Exchange Commission filings, including but not limited to, its
Annual Report on Form 10-K dated December 31, 1998 on file and recorded March
18, 1999.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DATED: March 18, 1999
GEORGIA-PACIFIC CORPORATION
By: /s/ Kenneth F. Khoury
_________________
Kenneth F. Khoury
Vice President, Deputy General
Counsel and Secretary
