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:19-Oct-12 2006 CANADA-US SOFTWOOD LUMBER AGREEMENT  SOFTWOOD LUMBER EXPORTS REPORT

Date of Revision October 19, 2012 8:41:02 AM EDT Period July 1, 2011 - July 31, 2011 Expected US Consumption 2,943,000,000 bfm Adjusted Expected US Consumption** 3,171,000,000 bfm Monthly Trigger Price $260 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 47,993,698 52,793,068 34,165,106 64.7% BC Interior A 512,964,900 564,261,390 385,218,179 68.3% Alberta A 73,280,700 80,608,770 72,056,411 89.4% Saskatchewan B 12,870,529 4,628,097 36.0% 6,367,644 Manitoba B 8,673,618 198,954 2.3% 5,146,771 Ontario B 93,451,235 49,784,935 53.3% 379,335 Quebec B 135,979,941 89,910,626 66.1% Maritime Total 79,755,838 Territory Total 0 Excluded Companies 34,908,240 Total: 750,626,386 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: October 19, 2012