POP Pope & Talbot

Pope & Talbot, Inc. (NYSE:POP) today announced the postponement of its year-end 2005 earnings release and conference call previously scheduled for March 15, 2006. Pope & Talbot has complex tax matters requiring extensive calculation, analysis and review and has been unable to complete the 2005 tax review in time for the March 15, 2006 release. The release and management call will be rescheduled when that process is complete. The Company expects that this tax review will also result in a delay in the filing of its Annual Report on Form 10-K beyond the March 16 due date, but not beyond March 31, 2006.