[TEMPLE-INLAND LOGO]


NEWS
RELEASE-------------------------------------------------------

FOR IMMEDIATE RELEASE
CONTACT: Chris L. Nines
         (512) 434-5587


             TEMPLE-INLAND INCREASES CASH DIVIDEND,
      APPROVES SHARE REPURCHASES AND ANNOUNCES STOCK SPLIT

     AUSTIN, TEXAS, February 4, 2005- At its regularly scheduled
meeting, the Board of Directors today declared a regular
quarterly dividend of $0.45 per common share, payable March 15,
2005, to shareholders of record March 1, 2005.  This $0.45 per
share dividend is a 25% increase over the prior quarterly
dividend of $0.36 per share, and is the third consecutive annual
dividend increase.  Temple-Inland paid a special dividend of
$1.00 per share in December 2004.

     Temple-Inland Inc. also announced today that its Board of
Directors has authorized the repurchase of up to six million
shares of its common stock (twelve million shares after
considering the stock split discussed below).  This represents
over 10% of the company's current outstanding shares.  The
repurchases will be accomplished from time to time through open
market or privately negotiated transactions.

     In addition to the dividend increase and share repurchase
authorization, the Board of Directors approved a two-for-one
stock split effected in the form of a stock dividend for
shareholders of record on March 1, 2005.  For every one share of
the Company's common stock held on the record date, the holder
will receive one additional share.  The additional shares
resulting from the split will be distributed on April 1, 2005.

     In announcing these decisions, Kenneth M. Jastrow, II,
chairman and chief executive officer of Temple-Inland Inc., said,
"The increase in quarterly dividend, share repurchase
authorization, and stock split reflect our Board's continued
confidence in our ability to deliver value to shareholders and
anticipated strong free cash flow generation."

     Temple-Inland Inc. is a major manufacturer of corrugated
packaging and forest products, with a diversified financial
services operation.  The Company's 2.0 million acres of
forestland are certified as managed in compliance with ISO 14001
and in accordance with the Sustainable Forestry Initiativer (SFI)
program of the American Forest & Paper Association to ensure
forest management is conducted in a scientifically sound and
environmentally sensitive manner.  Temple-Inland's common stock
(TIN) is traded on the New York Stock Exchange and the Pacific
Exchange.  Temple-Inland's address on the World Wide Web is
www.templeinland.com.


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     This release contains forward-looking statements that
     involve risks and uncertainties.  The actual results of
     Temple-Inland may differ significantly from the results
     discussed in the forward-looking statements.  Factors
     that might cause such differences include general
     economic, market, or business conditions; the
     opportunities (or lack thereof) that may be presented
     to and pursued by Temple-Inland; the availability and
     price of raw materials; competitive actions by other
     companies; changes in laws or regulations; the accuracy
     of judgments and estimates concerning the integration
     of acquired operations and Temple-Inland's
     consolidation and supply chain initiatives; and other
     factors, many of which are beyond the control of Temple-
     Inland.