Weyerhaeuser (WY) 10-K 2003 FY Annual report

EXHIBIT 21 – Subsidiaries of the Registrant

			Percentage
		State or	Ownership of
		Country of	Immediate
Name		Incorporation	Parent
Columbia & Cowlitz Railway Company		Washington		100
DeQueen & Eastern Railroad Company		Arkansas		100
Fisher Lumber Company		California		100
Golden Triangle Railroad		Mississippi		100
Gryphon Asset Management, Inc.		Delaware		100
Gryphon Investments of Nevada, Inc.		Nevada		100
Jasmine Forests, LLC		Delaware		100
Mississippi & Skuna Valley Railroad Company		Mississippi		100
Mountain Tree Farm Company		Washington		50
North Pacific Paper Corporation		Delaware		50
Norpac Resources LLC		Delaware		100
Oregon Timber Company		Oregon		100
	Weyerhaeuser Global Finance Company	Oregon		100
SCA Weyerhaeuser Packaging Holding Company Asia Limited		British Virgin Islands		50
Texas, Oklahoma & Eastern Railroad Company		Oklahoma		100
ver Bes’ Insurance Company		Vermont		100
Westwood Shipping Lines, Inc.		Washington		100
Weyerhaeuser de Mexico, S.A. de C.V.		Mexico		100
Weyerhaeuser Forestlands International, Inc.		Washington		100
Weyerhaeuser International, Inc.		Washington		100
	Southern Cone Timber Investors Holding Company, LLC	Delaware		100
	Trus Joist SPRL	Belgium		100
	Weyerhaeuser Europe Holdings	Ireland		100

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						Percentage
					State or	Ownership of
					Country of	Immediate
Name					Incorporation	Parent
		Weyerhaeuser Europe Limited			Ireland		100
		Weyerhaeuser Sarasate Limited			Ireland		100
			Weyerhaeuser Holdings France SAS		France		100
				Weyerhaeuser Mediland SAS	France		100
				Weyerhaeuser Darbo SAS	France		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
			Iisaak 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		100
			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 (BVI) Ltd.		British Virgin Islands		100

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						Percentage
					State or	Ownership of
					Country of	Immediate
Name					Incorporation	Parent
				Weyerhaeuser New Zealand Holdings Inc.	New Zealand		100
				Nelson Forest Products Company	New Zealand		100
				Nelson Forest Joint Venture	New Zealand		51
				Weyerhaeuser New Zealand Inc.	New Zealand		100
			Weyerhaeuser (Carlisle) Ltd.		Barbados		100
				Camarin Limited	Barbados		100
			Weyerhaeuser (Delta) Limited		British Columbia		100
			Weyerhaeuser (Imports) Pty Limited		Australia		100
			Weyerhaeuser (Ottawa) Limited		British Columbia		100
			Weyerhaeuser Saskatchewan Ltd.		Saskatchewan		100
				Wapawekka Lumber Limited Partnership	Saskatchewan		50
			Weyerhaeuser Services Limited		British Columbia		100
	Weyerhaeuser China, Ltd.				Washington		100
	Weyerhaeuser (Asia) Limited				Hong Kong		100
	Weyerhaeuser Japan Ltd.				Japan		100
	Weyerhaeuser Japan Ltd.				Delaware		100
	Weyerhaeuser Korea Ltd.				Korea		100
	Weyerhaeuser Products Limited				United Kingdom		100
	Weyerhaeuser Taiwan Ltd.				Delaware		100
Weyerhaeuser (Mexico) Inc.					Washington		100
Weyerhaeuser Raw Materials, Inc.					Delaware		100
Weyerhaeuser Real Estate Company					Washington		100
	Midway Properties, Inc.				North Carolina		100
	Pardee Homes				California		100
		Marmont Realty Company			California		100
		Pardee Homes of Nevada			Nevada		100
	The Quadrant Corporation				Washington		100
	South Jersey Assets, Inc.				New Jersey		100
	Scarborough Constructors, Inc.				Florida		100
	TMI, Inc.				Texas		100

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				Percentage
			State or	Ownership of
			Country of	Immediate
Name			Incorporation	Parent
	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 USA LLC			Delaware		100
	American Cemwood Corporation		Oregon		100
	MB Administrative Services Inc.		Delaware		100
WFS II LLC			Delaware		100
	Weyerhaeuser Financial Investments, Inc.		Nevada		100
		WFI Servicing Company	Nevada		100
	Weyerhaeuser Venture Company		Nevada		100
		Las Positas Land Co.	California		100
		WAMCO, Inc.	Nevada		100
Willamette Mexican Holding Company			Oregon		100
Wilton Connor LLC			North Carolina		100
	Wilton Connor Packaging International Limited		Hong Kong		100

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