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 10:58:02 AM EDT Period October 1, 2010 - October 31, 2010 Expected US Consumption 2,852,000,000 bfm Adjusted Expected US Consumption** 2,996,000,000 bfm Monthly Trigger Price $247 US Canadian Share of US Consumption Option A Regions 34%  Option B Regions 30%  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 47,266,671 51,993,338 19,914,520 38.3% BC Interior A 497,103,600 546,813,960 339,998,395 62.2% Alberta A 71,014,800 78,116,280 87,778,051 112.4% Saskatchewan B 12,160,235 2,634,954 21.7% 6,448,078 Manitoba B 8,194,941 185,766 2.3% Ontario B 88,293,882 34,282,613 38.8% Quebec B 128,475,529 77,015,575 59.9% Maritime Total 89,089,963 Territory Total 0 Excluded Companies 41,324,148 Total: 692,223,985 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