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

Date of Revision October 22, 2012 8:22:13 AM EDT Period September 1, 2012 - September 30, 2012 Expected US Consumption 2,928,000,000 bfm Adjusted Expected US Consumption** 3,184,000,000 bfm Monthly Trigger Price $328 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 57,913,504 63,704,855 31,555,026 49.5% BC Interior A 510,350,400 561,385,440 373,532,820 66.5% Alberta A 72,907,200 80,197,920 77,442,645 96.6% Saskatchewan B 13,784,847 8,280,356 60.1% 3,546,056 Manitoba B 9,289,788 1,021,282 11.0% 5,112,312 Ontario B 100,089,976 48,078,269 48.0% 1,413,933 Quebec B 145,639,906 84,822,756 58.2% Maritime Total 76,472,785 Territory Total 0 Excluded Companies 33,733,225 Total: 734,939,164 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 22, 2012