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<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary information extracted from the Financial
Statements of Plum Creek Timber Company, Inc. for the nine months ended
September 30, 2000 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<CASH> 116,801
<SECURITIES> 0
<RECEIVABLES> 19,952
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 152,374
<PP&E> 983,885
<DEPRECIATION> 777
<TOTAL-ASSETS> 1,217,787
<CURRENT-LIABILITIES> 45,424
<BONDS> 645,914
0
0
<COMMON> 686
<OTHER-SE> 525,505
<TOTAL-LIABILITY-AND-EQUITY> 1,217,787
<SALES> 153,639
<TOTAL-REVENUES> 153,639
<CGS> 49,325
<TOTAL-COSTS> 60,636
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 35,246
<INCOME-PRETAX> 111,543
<INCOME-TAX> 0
<INCOME-CONTINUING> 111,543
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 111,090
<EPS-BASIC> 1.61
<EPS-DILUTED> 1.61
</TABLE>
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