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RAYONIER INC Director's Dealing 2003

Jun 30, 2003

31153_dirs_2003-06-30_7f91ef58-a2c6-46fd-a163-2713d6cfbf3c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2003-06-26

Reporting Person: BRANNON TIMOTHY H (SR VP Forest Resrcs & Wood Pro)

Footnotes

F1: Adjusted to reflect a 3-for-2 stock split effective June 12, 2003.