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:21-Dec-12 2006 CANADA-US SOFTWOOD LUMBER AGREEMENT  SOFTWOOD LUMBER EXPORTS REPORT

Date of Revision December 21, 2012 10:34:50 AM EST Period November 1, 2012 - November 30, 2012 Expected US Consumption 2,813,000,000 bfm Adjusted Expected US Consumption** 2,813,000,000 bfm Monthly Trigger Price $326 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 46,948,210 51,643,031 26,847,490 52.0% BC Interior A 490,305,900 539,336,490 387,665,986 71.9% Alberta A 70,043,700 77,048,070 75,519,652 98.0% Saskatchewan B 12,178,635 10,418,833 85.6% 1,586,158 Manitoba B 8,207,341 539,551 6.6% 4,713,485 Ontario B 88,427,482 59,803,966 67.6% 340,536 Quebec B 128,669,929 99,502,569 77.3% Maritime Total 84,783,689 Territory Total 0 Excluded Companies 38,419,124 Total: 783,500,860 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: December 21, 2012