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| FORM 3 | U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+ WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Georgia-Pacific Corporation
(Last) (First) (Middle)
133 Peachtree Street, N.E.
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(Street)
Atlanta Georgia 30303
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year) 7/18/00
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3. IRS Identification Number of Reporting Person if an Entity
(voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Plum Creek Timber Company, Inc. ; PCL
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
X X
___ Director ___ Officer ____ 10% Owner ___ Other
(give title below) (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint Group Filing (Check Applicable Line)
X X
____ Form filed by One Reporting Person
____ Form filed by More than One Reporting Person
TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
<TABLE>
<CAPTION>
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1. Title 2. Amount of 3. Ownership Form: 4. Nature of
of Securities Bene- Direct (D) or Indirect Bene-
Security ficially Owned Indirect (I) ficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
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Common Stock, par value $.01 per share 0* I *
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Special Voting Common Stock, par value
$.01 per share 0* I *
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* Please see attached page.
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
Potential persons who are to respond to the collection of Information contained
in this form are not required to respond unless the form display a currently
valid OMB control number.
(Over)
SEC 1473(J-99)
PAGE 1 OF 2 PAGES
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ADDITIONAL INFORMATION TO FORM 3
Item 1. Name and Address of Reporting Person
Georgia-Pacific Corporation
133 Peachtree Street, N.E.
Atlanta, Georgia 30303
Item 2. Date of Event Requiring Statement
7/18/00
Item 4. Issuer Name and Ticker or Trading Symbol
Plum Creek Timber Company, Inc.; PCL
* In connection with the execution of a merger agreement (the "Merger
Agreement") providing for the merger of six wholly owned subsidiaries of the
Reporting Person with and into the Issuer (the "Merger"), the Reporting Person,
the Issuer and PC Advisory Partners I, L.P. and PC Intermediate Holdings, L.P.,
(the record owners of 16,498,709 shares of common stock, par value $.01 per
share (the "Common Stock") and 634,566 shares of special voting common stock,
par value $.01 per share (together with the Common Stock, the "Subject
Shares")), entered into a voting agreement pursuant to which each record owner
of the Subject Shares agreed, subject to the terms and conditions contained
therein, among other things, to vote all Subject Shares directly or indirectly
beneficially owned by such record owner (i) to approve the Merger Agreement, the
Merger and the transactions contemplated thereby, including, without limitation,
the amendments to the Issuer's Certificate of Incorporation as contemplated by
the Merger Agreement and the taking of any actions necessary or appropriate in
furtherance thereof, (ii) against any proposal or offer to acquire all or a
substantial part of the business or properties of the Issuer or capital stock of
the Issuer or any proposal or offer that, if consummated, would cause the
transactions contemplated by the Merger Agreement to fail to qualify as a series
of tax-free transactions, unless they shall have received the prior written
consent of the Issuer and the Reporting Person, and (iii) to approve any
proposed amendments to the Issuer's Certificate of Incorporation to eliminate
the Issuer's staggered board of directors. In addition, pursuant to the voting
agreement, the record owners granted proxies to certain officers of the
Reporting Person to vote the Subject Shares in a manner consistent with the
preceding sentence. The Reporting Person has no "pecuniary" interest in the
Subject Shares.
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