FOREIGN AFFAIRS AND INTERNATIONAL TRADE CANADA / AFFAIRES ÉTRANGÈRES ET COMMERCE INTERNATIONAL CANADA TRADE CONTROLS & TECHNICAL BARRIERS BUREAU /DIRECTION GÉNÉRALE DE LA RÈGLEMENTATION COMMERCIALE ET DES OBSTACLES TECHNIQUES SWLSLA_RUP Date:20-Mar-12 2006 CANADA-US SOFTWOOD LUMBER AGREEMENT  SOFTWOOD LUMBER EXPORTS REPORT

Date of Revision March 20, 2012 10:39:49 AM EDT Period July 1, 2010 - July 31, 2010 Expected US Consumption 2,747,000,000 bfm Adjusted Expected US Consumption** 2,747,000,000 bfm Monthly Trigger Price $316 US Canadian Share of US Consumption Option A Regions 34%  Option B Regions 32%  Region Option Regional Share (bfm) Surge Trigger (bfm)* Quota Volume (bfm) Exports (bfm) Surge Trigger (bfm)* % Quota Volume Remainder Pool Balance (bfm)*** BC Coastal A 44,797,380 49,277,118 23,311,788 47.3% BC Interior A 478,802,100 526,682,310 414,605,360 78.7% Alberta A 68,400,300 75,240,330 85,572,633 113.7% Saskatchewan B 11,892,894 6,651,006 55.9% 2,800,808 Manitoba B 8,014,776 170,376 2.1% Ontario B 86,352,753 20,860,080 24.2% Quebec B 125,651,012 57,987,683 46.1% Maritime Total 79,730,924 Territory Total 0 Excluded Companies 32,496,324 Total: 721,386,174 Notes: Export volumes are based on export permit data and are subject to corrections and final reconciliation. * Represents 110% of Regional Share **For purposes of calculating Regional Quota Volumes under Option B, the EUSC is adjusted in accordance with paragraph 14 of Annex 7D of the Softwood Lumber Agreement 2006. *** Based on export permit data as of the date and time of revision and subject to corrections and final reconciliation. SWLSLA_RUP     Date: March 20, 2012