RAYONIER INC - Director's Dealing 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2005-12-05

Reporting Person: ARASKOG RAND V (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-05	Common Shares	P	3900	$40.73	Acquired	633253.000	Direct
2005-12-05	Common Shares	P	3400	$40.59	Acquired	636653.000	Direct
2005-12-05	Common Shares	P	1100	$40.69	Acquired	637753.000	Direct
2005-12-05	Common Shares	P	800	$40.72	Acquired	638553.000	Direct
2005-12-05	Common Shares	P	400	$40.71	Acquired	638953.000	Direct
2005-12-05	Common Shares	P	300	$40.68	Acquired	639253.000	Direct
2005-12-05	Common Shares	P	100	$40.70	Acquired	639353.000	Direct
2005-12-06	Common Shares	P	2100	$40.47	Acquired	641453.000	Direct
2005-12-06	Common Shares	P	1900	$40.35	Acquired	643353.000	Direct
2005-12-06	Common Shares	P	1700	$40.32	Acquired	645053.000	Direct
2005-12-06	Common Shares	P	1300	$40.53	Acquired	646353.000	Direct
2005-12-06	Common Shares	P	1200	$40.55	Acquired	647553.000	Direct
2005-12-06	Common Shares	P	1000	$40.36	Acquired	648553.000	Direct
2005-12-06	Common Shares	P	1000	$40.42	Acquired	649553.000	Direct
2005-12-06	Common Shares	P	900	$40.44	Acquired	650453.000	Direct
2005-12-06	Common Shares	P	900	$40.43	Acquired	651353.000	Direct
2005-12-06	Common Shares	P	900	$40.34	Acquired	652253.000	Direct
2005-12-06	Common Shares	P	900	$40.57	Acquired	653153.000	Direct
2005-12-06	Common Shares	P	500	$40.33	Acquired	653653.000	Direct
2005-12-06	Common Shares	P	400	$40.45	Acquired	654053.000	Direct
2005-12-06	Common Shares	P	200	$40.29	Acquired	654253.000	Direct
2005-12-06	Common Shares	P	100	$40.31	Acquired	654353.000	Direct