<ARTICLE> 5 <LEGEND> "THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF GEORGIA-PACIFIC CORPORATION FOR THE TWELVE MONTHS ENDED DECEMBER 31, 1998, AND IT QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS." </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-01-2000 <PERIOD-END> APR-03-1999 <CASH> 5 <SECURITIES> 0 <RECEIVABLES> 1,366 <ALLOWANCES> 24 <INVENTORY> 1,337 <CURRENT-ASSETS> 2,800 <PP&E> 14,551 <DEPRECIATION> 8,368 <TOTAL-ASSETS> 12,805 <CURRENT-LIABILITIES> 2,716 <BONDS> 4,112 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 75 <OTHER-SE> 3,070 <TOTAL-LIABILITY-AND-EQUITY> 12,805 <SALES> 3,405 <TOTAL-REVENUES> 3,405 <CGS> 2,531 <TOTAL-COSTS> 2,531 <OTHER-EXPENSES> 221 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 111 <INCOME-PRETAX> 244 <INCOME-TAX> 99 <INCOME-CONTINUING> 145 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 145 <EPS-PRIMARY> 0<F1> <EPS-DILUTED> 0<F2> <FN> <F1>Georgia-Pacific Group EPS - Primary 1.15 The Timber Company EPS - Primary 0.53 <F2>Georgia-Pacific Group EPS - Diluted 1.13 The Timber Company EPS - Diluted 0.53 </FN>