On June 11, 2009, the Company issued a press release announcing the discharge of its obligations under the indenture governing the $100 million principal amount of 9-1/8% credit sensitive debentures due December 1, 2009. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein.

(d) Exhibits.

Exhibit No. Description

99.1         Press release issued by Potlatch Corporation dated June 11, 2009:
             POTLATCH DISCHARGES OBLIGATIONS ON $100 MILLION CREDIT SENSITIVE
             DEBENTURES