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Vulcan’s Norcross Quarry in Atlanta, Georgia

Greystone Advises Plum Creek Timber on $154 Million Acquisition

SAN DIEGO (September 27, 2013) – The Greystone Group announced today that it advised Plum Creek Timber Company, Inc. (NYSE: PCL) in its acquisition of its interest in 255 million tons of aggregate reserves at four quarries from Vulcan Materials Company (NYSE: VMC). The quarries are located in the metro Atlanta, Georgia market and will continue to be operated by Vulcan. Beginning in October 2013, Plum Creek will receive royalty payments from the production and sale of the crushed stone from the quarries for approximately 25 years. “We have enjoyed working with Plum Creek over the past 3 years, helping them develop a strategy to acquire aggregate reserves in strong growth markets. This is the 3rd transaction that Greystone has managed for Plum Creek in the past 26 months” said Tim Oitzman, President of Greystone.

“This transaction is a unique opportunity for Plum Creek to increase our interest in construction material production in the attractive southeastern markets. These quarries are exceptionally well positioned for the recovery in infrastructure, industrial and housing sectors in and around Atlanta” said Rick Holley, chief executive officer of Plum Creek. “We believe we are investing at the right time in the cycle, and the returns and long-term cash flow profile from these assets are compelling.”

About Plum Creek Timber

Plum Creek is among the largest and most geographically diverse private landowners in the nation with approximately 6.3 million acres of timberlands in major timber producing regions of the United States and wood products manufacturing facilities in the Northwest.

About Vulcan Materials Company

Vulcan Materials Company is the nation’s largest producer of construction aggregates – primarily crushed stone, sand and gravel – and a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete. Vulcan’s coast-to-coast footprint and strategic distribution network align with and serve the nation’s growth centers.

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