Potlatch Board Declares Distribution on Common Stock

SPOKANE, Wash., May 10, 2012 (GLOBE NEWSWIRE) -- The board of directors of Potlatch Corporation (Nasdaq:PCH) has declared a quarterly distribution on the Company's common stock. The distribution of $0.31 per share is payable June 26, 2012 to stockholders of record on June 8, 2012.

ABOUT POTLATCH

Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.44 million acres of timberland in Arkansas, Idaho, and Minnesota. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its forest resources. The company also conducts a land sales and development business and operates wood products manufacturing facilities through its taxable REIT subsidiary. For more information about the company, visit our website at www.potlatchcorp.com.

The Potlatch Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11346

CONTACT: (Investors)
         Eric Cremers
         509-835-1521
         
         (Media)
         Mark Benson
         509-835-1513

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