[For SEC Filing
PRICING SUPPLEMENT NO. 1 Dated: February 24, 1999 Purposes Only:
(To Prospectus Dated May 13, 1998, and Rule 424(b)(2)
Prospectus Supplement dated June 2, 1998) File No. 333-52189]
U.S. $500,000,000
TEMPLE-INLAND INC.
Medium-Term Notes, Series F
Due 9 Months or More from Date of Issue
Issue Date: March 1, 1999 Principal Amount: $300,000,000
Trade Date: February 24, 1999 Specified Currency: U.S.
Stated Maturity: March 1, 2009 Issue Price (As a Percentage of
Principal Amount): 99.856%
CUSIP No. 87987H B F2
Interest Rate/Initial Interest
Form of Note: Rate: 6.75%
x Book-Entry Redemption Provisions: N/A
__ Certificated
x Fixed Rate Note
__ Floating Rate Note:
__ Commercial Paper Rate Note __ LIBOR Note
__ LIBOR Telerate
__ Federal Funds Effective Rate __ LIBOR Reuters
Note
__ Treasury Rate Note __ Other
Spread: +/- ________ Maximum Interest Rate: _______%
Spread Multiplier: ______% Minimum Interest Rate: _______%
Index Maturity: ___________
Interest Reset Period: _____________________________________________
(daily, weekly, monthly, quarterly,
semiannually, or annually)
Interest Payment Dates: March 1 and Regular Record Dates: _________
September 1
Interest Reset Dates: ________ Interest Determination Dates: _____
Calculation Agent: ____________ Calculation Dates: ______________
Additional Terms:
WARBURG DILLON READ LLC SALOMON SMITH BARNEY
