JACKSONVILLE, FL (REIT Media) January 7, 2008 - Rayonier Inc. (NYSE:RYN) plans to release its fourth quarter 2007 earnings on Thursday, January 24, 2008, before the market opens.

Rayonier will host a conference call with the investment community at 2:00 p.m. EST the same day to discuss these results. Investors may access the “listen only” conference call by dialing (913) 981-5584.

A replay of the teleconference will also be available from 5:00 p.m. EST on Thursday, January 24, until midnight on Thursday, January 31. The replay number is (719) 457-0820 and the confirmation code is 4045231.

To listen to a live webcast of this conference call, log on to www.rayonier.com and follow the link. Supplemental material for this call will be available on the website. A replay of this webcast will also be available on the site shortly after the call.

Rayonier Inc., Jacksonville
Media Contact:
Shannon Thuren, 904-357-9181
or
Investor Contact:
Carl Kraus, 904-357-9158