TIMBER SALE BID SUMMARY. Prospectus: 4888 Sealed Bid. Sault Ste Marie Office 04/29/ :00 AM (local time) 04/29/ :05 AM (local time)

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1 TIMBER SALE SUMMARY Prospectus: 4888 Sealed Bid Scheduled place, date and time of bid opening: Actual place, date and time of bid opening: Number of Sales: Offered = 3 With Bids = Sault Ste Marie Office 3 Without Bids = 0 Withdrawn = PURSUANT TO PUBLIC NOTICE, SEALED S WERE OPENED AND COMPARED OR AN ORAL AUCTION WAS HELD. THE FOLLOWING PERSONS WERE IN ATTENDANCE: 1. Jason Caron, Sale Officer 2. Jeffrey Wise, Witness 3. Ron Papin Jr. 4. Ben Hilts 5. Ralph Bennett Sault Ste Marie Office 04/29/ :00 AM (local time) 04/29/ :05 AM (local time) 0 HIGHEST DER: % OVER MINIMUM: RUDYARD SCHOOL MIX Grade A HIGHEST DER: 60.38% % OVER MINIMUM: Shepard's Forestry Ent 71.16% HIGHEST DER: % OVER MINIMUM: BAND STAND HARDWOOD Shepard's Forestry Ent % Note: This information can be found on the web at: POSTED BY: Jason Caron POSTED ON: 04/29/2013 at 11:05:22 am Page 1 of 5

2 RUDYARD SCHOOL MIX * Grade A Bennett & Son Bidders: 4 Paper Birch Sawlogs MBF $ $ $ $ $ Red Maple Sawlogs MBF $ $ $ $ $ Mixed Aspen Pulpwood Cords $20.90 $33.55 $25.00 $26.50 $22.90 Mixed Hardwood Pulpwood Cords $13.70 $24.29 $20.00 $16.25 $17.70 Mixed Softwood Pulpwood Cords $20.70 $23.29 $25.00 $27.00 $23.70 Paper Birch Pulpwood Cords $9.80 $24.68 $18.00 $15.50 $16.80 B. Poplar Pulpwood Cords $5.00 $5.00 $5.00 $5.00 $5.00 Total $66, $107, $90, $86, $81, Page 2 of 5

3 * Shepard's Forestry Ent Cutting Edge Forest s Grade A The Maples Sawmill Bidders: 7 Red Maple Sawlogs MBF $ $ $ $ $ $ $ Sugar Maple Sawlogs MBF $ $1, $ $ $ $ $ Mixed Hardwood Pulpwood Cords 1, $14.90 $41.68 $30.50 $25.25 $26.26 $21.90 $17.90 Basswood Sawlogs MBF $92.00 $92.00 $92.00 $92.00 $92.00 $92.00 $92.00 Red Oak Sawlogs MBF $ $ $ $ $ $ $ Total $72, $124, $96, $93, $92, $85, $83, Page 3 of 5

4 Bidders: 7 Timber s Michigan Ltd Ptrsp Red Maple Sawlogs MBF $ $ Sugar Maple Sawlogs MBF $ $ Mixed Hardwood Pulpwood Cords 1, $14.90 $15.00 Basswood Sawlogs MBF $92.00 $92.00 Red Oak Sawlogs MBF $ $ Total $72, $73, Page 4 of 5

5 BAND STAND HARDWOOD * Shepard's Forestry Ent Bennett & Son Cutting Edge Forest s Grade A Bidders: 6 Sugar Maple Sawlogs MBF $ $1, $1, $ $ $ $ Mixed Hardwood Pulpwood Cords $14.90 $41.01 $21.99 $31.00 $26.82 $27.75 $17.90 Basswood Sawlogs MBF 4.10 $92.00 $92.00 $92.00 $92.00 $92.00 $92.00 $92.00 Red Maple Sawlogs MBF 1.20 $ $ $ $ $ $ $ Total $23, $46, $45, $36, $33, $33, $26, Page 5 of 5