<ARTICLE> 5
<LEGEND>
This schedule contains summary information extracted from the Combined Financial
Statements of Plum Creek Timber Company, L.P. for the six months ended June 30,
1995 and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                           75277
<SECURITIES>                                         0
<RECEIVABLES>                                    30653
<ALLOWANCES>                                      1209
<INVENTORY>                                      37626
<CURRENT-ASSETS>                                148869
<PP&E>                                          749724
<DEPRECIATION>                                  103200
<TOTAL-ASSETS>                                  813804
<CURRENT-LIABILITIES>                            54436
<BONDS>                                         518400
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      227917
<TOTAL-LIABILITY-AND-EQUITY>                    813804
<SALES>                                         283466
<TOTAL-REVENUES>                                283466
<CGS>                                           187912
<TOTAL-COSTS>                                   205853
<OTHER-EXPENSES>                                   984
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               23754
<INCOME-PRETAX>                                  53496
<INCOME-TAX>                                       570
<INCOME-CONTINUING>                              52926
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     52926
<EPS-PRIMARY>                                     1.04
<EPS-DILUTED>                                        0