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:23-Aug-12 2006 CANADA-US SOFTWOOD LUMBER AGREEMENT  SOFTWOOD LUMBER EXPORTS REPORT

Date of Revision August 23, 2012 1:51:22 PM EDT Period July 1, 2012 - July 31, 2012 Expected US Consumption 3,067,000,000 bfm Adjusted Expected US Consumption** 3,322,000,000 bfm Monthly Trigger Price $343 US Canadian Share of US Consumption Option A Regions 34%  Option B Regions 34%  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 50,015,858 55,017,444 43,077,296 78.3% BC Interior A 534,578,100 588,035,910 530,254,787 90.2% Alberta A 76,368,300 84,005,130 113,421,994 135.0% Saskatchewan B 15,281,200 8,839,583 57.8% 5,096,950 Manitoba B 10,298,200 600,009 5.8% 5,864,722 Ontario B 110,954,800 59,367,110 53.5% 2,643,890 Quebec B 161,449,200 85,236,128 52.8% Maritime Total 82,287,827 Territory Total 0 Excluded Companies 31,453,559 Total: 954,538,293 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: August 23, 2012