Exhibit (21)

Subsidiaries of Potlatch Corporation

as of December 31, 2008 ⁽¹⁾

Name		State in Which Organized
Potlatch Forest Holdings, Inc.		Delaware
Potlatch Land & Lumber, LLC		Delaware
PFHI Idaho Investment LLC		Delaware

⁽¹⁾ All of the subsidiaries in the above list are wholly owned, either directly or indirectly, by Potlatch Corporation.