Pope & Talbot Announces Consolidation of Boundary Sawmill Operations

Pope & Talbot, Inc. (NYSE: POP) today announced the
consolidation of its two Boundary sawmill operations to one facility
in Grand Forks, B.C. The recently modernized mill is expected to
produce 255 million board feet of dimension lumber annually beginning
in April 2006. It is anticipated that while there will be some job
reductions, senior qualified employees will be transferred and certain
equipment will be relocated from the Midway, B.C. mill site late in
the first quarter of 2006.
   "This consolidation allows the Company to balance the economically
available timber supply and effectively utilize the capital invested
in the Grand Forks sawmill," stated Michael Flannery, Chairman and
Chief Executive Officer. "While we diligently sought additional timber
resources, the economics did not allow us to continue operating two
independent sawmills in the same region. The modernized Grand Forks
sawmill will be highly efficient and competitive."

   This press release includes statements regarding the Company's
expectations regarding future production at the Grand Forks sawmill
and the time by which that production level will be achieved. Such
statements are forward-looking statements and are based on present
information the Company has related to the progress of the mill
upgrade. Investors are cautioned that such forward-looking statements
are subject to an inherent risk that actual results may differ
materially from such forward-looking statements. Factors that could
cause actual production not to reach expected production levels in the
stated time frame include unanticipated delays in delivery or
installation of new equipment and startup problems with new equipment
and mill configurations.. Further, investors are cautioned that the
Company does not assume any obligation to update forward-looking
statements based on unanticipated events or changed expectations.

   Pope & Talbot is dedicated to the pulp and wood products
businesses. The Company is based in Portland, Oregon and trades on the
New York stock exchange under the symbol POP. Pope & Talbot was
founded in 1849 and produces pulp and softwood lumber in the U.S. and
Canada. Markets for the Company's products include: the U.S.; Europe;
Canada; South America; Japan; and other Pacific Rim countries. For
more information on Pope & Talbot, Inc., please check the website:
www.poptal.com.

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