Weyerhaeuser Company and Subsidiaries

EXHIBIT 21 – Subsidiaries of the Registrant

				Percentage
			State or Country	Ownership of
Name			of Incorporation	Immediate Parent
Columbia & Cowlitz Railway Company			Washington		100
Company Holdings, Inc.			Washington		100
DeQueen & Eastern Railroad Company			Arkansas		100
Dynetherm, Inc.			Alabama		100
Fisher Lumber Company			California		100
Golden Triangle Railroad			Mississippi		100
Gryphon Asset Management, Inc.			Delaware		100
Gryphon Investments of Nevada, Inc.			Nevada		100
Mississippi & Skuna Valley Railroad Company			Mississippi		100
Mountain Tree Farm Company			Washington		50
North Pacific Paper Corporation			Delaware		50
	Norpac Sales Corporation		Guam		100
Norpac Resources Inc.			Delaware		100
Pacific Veneer, Ltd.			Washington		100
SCA Weyerhaeuser Packaging Holding Company Asia Limited			British Virgin Islands		50
Texas, Oklahoma & Eastern Railroad Company			Oklahoma		100
Trus Joist Corporation			Delaware		100
Trus Joist Japan Co., Ltd.			Japan		100
United Structures, Inc.			California		100
Westwood Shipping Lines, Inc.			Washington		100
Weycomp Claims Management Services, Inc.			Texas		100
Weyerhaeuser Company of Nevada			Nevada		100
Weyerhaeuser Construction Company			Washington		100
Weyerhaeuser de Mexico, S.A. de C.V.			Mexico		100
Weyerhaeuser del Bajio, S.A. de C.V.			Mexico		100
Weyerhaeuser Financial Services, Inc.			Delaware		100
	Mortgage Securities III Corporation		Nevada		100
	ver Bes’ Insurance Company		Vermont		100
		de Bes’ Insurance Ltd.	Bermuda		100
	Weyerhaeuser Financial Investments, Inc.		Nevada		100
		Abfall Finance Corp.	California		100
		The Giddings Mortgage Investment Company	California		100
		Trimark Development Company	California		100
		WFI Servicing Company	Nevada		100
	Weyerhaeuser Venture Company		Nevada		100
		Las Positas Land Co.	California		100
		WAMCO, Inc.	Nevada		100
Weyerhaeuser Forestlands International, Inc.			Washington		100
Weyerhaeuser International, Inc.			Washington		100
	The Capricorn Corporation		Philippines		100
	Southern Cone Timber Investors Holding Company, LLC		Delaware		100

22

Weyerhaeuser Company and Subsidiaries

EXHIBIT 21 – Subsidiaries of the Registrant

							Percentage
						State or Country	Ownership of
Name						of Incorporation	Immediate Parent
Trus Joist SPRL						Belgium		100
Weyerhaeuser Holdings Limited						British Columbia		100
		Weyerhaeuser Company Limited				Canada		100
			317298 Saskatchewan Ltd.			Saskatchewan		100
			486286 British Columbia Ltd.			British Columbia		50
			Boom Chain Transportation Company Limited			British Columbia		40
			Forest License A49782 Holdings Ltd.			British Columbia		99
			Ilsaak Forest Resource Ltd.			British Columbia		49
			MacMillan Bloedel K.K.			Japan		100
			MacMillan Bloedel Pembroke Limited Partnership			Ontario		100
			MacMillan Guadiana, S.A. de C.V.			Mexico		100
			Mid-Island Reman Inc.			British Columbia		49
			Monterra Lumber Mills Limited			Ontario		83
			Princeton Co-Generation (VCC) Corp.			British Columbia		90
			Sturgeon Falls Repulping Limited			Ontario		50
			Sturgeon Falls Limited Partnership			Ontario		50
			Wapawekka Lumber Ltd.			Saskatchewan		51
			Weyerhaeuser (Annacis) Limited			British Columbia		100
			Weyerhaeuser Australia Pty. Ltd.			Australia		100
				Pine Solutions Australia Pty Limited		Australia		100
					K1 Holdings Pty Limited	Australia		100
					CCA Timbers (Vic) Pty Ltd.	Australia		100
					Hanaki Pty Ltd.	Australia		100
					Kaiyou Pty Ltd.	Australia		100
			Weyerhaeuser (Barbados) SRL			Barbados		100
				Marlborough Capital Corp. SRL		Barbados		100
				Weyerhaeuser (Bridgetown) Limited		Barbados		100
			Weyerhaeuser (BVI) Ltd.			British Virgin Islands		100
				Weyerhaeuser New Zealand Holdings Inc.		New Zealand		100
					Nelson Forest Products Company	New Zealand		100
					Weyerhaeuser New Zealand Inc.	New Zealand		100
					Nelson Forest Joint Venture	New Zealand		51
			Weyerhaeuser (Carlisle) Ltd.			Barbados		100
				Camarin Limited		Barbados		100
			Weyerhaeuser (Imports) Pty Limited			Australia		100
			Weyerhaeuser (Ottawa) Limited			Canada		100
			Weyerhaeuser Saskatchewan Ltd.			Saskatchewan		100
				Wapawekka Lumber Limited Partnership		Saskatchewan		50
			Weyerhaeuser Services Limited			British Columbia		100
	Weyerhaeuser China, Ltd.					Washington		100
	Weyerhaeuser GMBH					Germany		100
	Weyerhaeuser (Asia) Limited					Hong Kong		100

23

Weyerhaeuser Company and Subsidiaries

EXHIBIT 21 – Subsidiaries of the Registrant

				Percentage
			State or Country	Ownership of
Name			of Incorporation	Immediate Parent
	Weyerhaeuser Japan Ltd.		Japan		100
	Weyerhaeuser Japan Ltd.		Delaware		100
	Weyerhaeuser Korea Ltd.		Korea		100
	Weyerhaeuser, S.A.		Panama		100
	Weyerhaeuser Taiwan Ltd.		Delaware		100
	Weyerhaeuser (UK) Limited		England		100
Weyerhaeuser International Sales Corp.			Guam		100
Weyerhaeuser (Mexico) Inc.			Washington		100
Weyerhaeuser Overseas Finance Co.			Delaware		100
	Weyerhaeuser International Finance Company		Delaware		100
		Weyerhaeuser Company Nova Scotia	Nova Scotia		100
Weyerhaeuser Raw Materials, Inc.			Delaware		100
Weyerhaeuser Real Estate Company			Washington		100
	Midway Properties, Inc.		North Carolina		100
	Pardee Construction Company		California		100
		Marmont Realty Company	California		100
		Pardee Construction Company of Nevada	Nevada		100
		Pardee Investment Company	California		100
	The Quadrant Corporation		Washington		100
		Quadrant Real Estate Services, Inc.	Washington		100
	South Jersey Assets, Inc.		New Jersey		100
	Scarborough Constructors, Inc.		Florida		100
	TMI, Inc.		Texas		100
	Weyerhaeuser Real Estate Company of Nevada		Nevada		100
	Weyerhaeuser Realty Investors, Inc.		Washington		100
	Winchester Homes, Inc.		Delaware		100
Weyerhaeuser Real Estate Development Company			Washington		100
Weyerhaeuser Sales Company			Nevada		100
Weyerhaeuser Servicios, S.A. de C.V.			Mexico		100
Weyerhaeuser USA LLC			Delaware		100
	American Cemwood Corporation		Oregon		100
	MB Administrative Services Inc.		Delaware		100
The Wray Company			Arizona		100

24