SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) APRIL 19, 1999
PLUM CREEK TIMBER COMPANY, L.P.
(Exact name of registrant as specified in its charter)
Delaware 1-10239 91-1443693
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
999 Third Avenue, Suite 2300 98104-4096
Seattle, Washington (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code (206) 467-3600
Item 5. Other Events
On April 19, 1999, at a Special Meeting of Unitholders of Plum Creek
Timber Company, L.P., the Unitholders approved the proposed conversion of
Plum Creek from a publicly traded master limited partnership to a publicly
traded real estate investment trust (REIT). The proposal received an
affirmative vote of 34,612,880 Units, representing 74.7% of the Units
entitled to vote.
As previously announced on April 9, 1999, Plum Creek, along with its
general partner, entered into an agreement settling all litigation related
to the conversion transaction. Plum Creek expects to convert to a REIT as
soon as practicable following final court approval of the settlement. Court
approval will be sought at a hearing scheduled for June 21, 1999.
Item 7. Exhibits
99.1 Press Release
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.
PLUM CREEK TIMBER COMPANY, L.P.
By: Plum Creek Management Company L.P.,
its General Partner
Date: April 19, 1999 By: /s/ DIANE M. IRVINE
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Diane M. Irvine
Vice President and Chief Financial
Officer
EXHIBIT INDEX
Exhibit Description
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99.1 Press Release
EXHIBIT 99.1
CONTACT: Michelle D. Monfor
Director, Investor Relations
(206) 467-3613 or 1-800-858-5347
www.plumcreek.com
PLUM CREEK TIMBER COMPANY, L.P. ANNOUNCES
SPECIAL MEETING VOTING RESULTS
SEATTLE, WASHINGTON, April 19, 1999 - Plum Creek Timber Company, L.P.
(NYSE:PCL) announced today that its Unitholders overwhelmingly approved a
proposal to convert the Company from a publicly traded Master Limited
Partnership to a publicly traded Real Estate Investment Trust (REIT) at a
Special Meeting held today.
The proposal received an affirmative vote of 34,612,880 Units,
representing 74.7% of the Units entitled to vote.
As previously announced on April 9, 1999, Plum Creek, along with its
general partner, entered into an agreement settling all litigation related
to the conversion transaction. The Company expects to convert to a REIT as
soon as practicable following final court approval of the settlement. Court
approval will be sought at a hearing scheduled for June 21, 1999.
Plum Creek is on of the largest private timberland owners in the
nation with timberlands and mills located in the Northwest, Southern and
Northeastern United States.
