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8 BEATONS LAKE TIMBER SALE Highlights Watersmeet Ranger District OTTAWA NATIONAL FOREST The Beatons Lake Timber Sale Area is located 10 miles west of Watersmeet, Michigan, and 1 mile north on Gogebic County Road 531 (Beatons Lake Road). Payment Units are located on both sides of Gogebic County Road 531, and along Forest Roads 6766 and Temporary Road entrances associated with Payment Units 1, 2, 4, 5 and 6 along Gogebic County Road 531 shall be completed in compliance with Gogebic County Road Commission Permit #1047. Construction permit expires 10/29/ of the 12 payment unit acres have a dry summer operating period (See Prospectus or Sample Contract) and either roads receiving maintenance to dry summer standards or temporary back in landings developed to dry summer standards. If roads will support haul in the dry summer conditions, then operations may be permitted in unrestricted payment units. Pre-haul Maintenance of 1.58 miles of road is required, along with construction and subsequent decommissioning of 6 temporary roads and back-in landings totaling 0.68 miles, as part of this contract. This contract has no deposits for deferred maintenance of roads. Timber Cutting Summary SPECIES & PRODUCTS ADVERTISED RATES 20 CCF Mixed Conifer Sawtimber $ CCF Mixed Hardwood Sawtimber $ CCF Sugar Maple Sawtimber $ CCF Aspen Pulpwood $ CCF Mixed Conifer Pulpwood $ ,204 CCF Mixed Hardwood Pulpwood $20.03 Total Advertised Value of Stumpage = $87, Normal Operating Season: December 15 - March 15 Location: T45N R40W, Section 6, and T45N R41W, Sections 2, 11 and 14, Gogebic County, Michigan. Termination Date: October 30, 2017 Pre-haul Maintenance: $9, (appraisal allowance) Required Bid Guarantee: $8,800 Specified Road Work: N/A Road Maintenance Deposits: N/A Estimated Temporary Development Costs: $13, Bid Opening Date/Time: March 17, 2014, 1:00 p.m. (Local time) Place of Bid Opening Iron River/Watersmeet Ranger District office facilities on U.S. Hwy 2, across from the Ottawa National Forest Visitor Center. Bid results may be obtained by contacting the Iron River/Watersmeet Ranger District after bid opening. Results will also be posted to the Ottawa National Forest website at Prospective purchasers are cautioned that cutting or otherwise damaging any timber, tree, or other forest product except as authorized is prohibited (36CFR). This regulation applies to the cutting, chipping, or chopping of trees to determine tree suitability for specialty products within the proposed sale area. For more information, please contact the Iron River/Watersmeet Ranger District for a prospectus: E23979 US 2 East, Watersmeet, MI 49969, (906) or TTY (906) or visit the Ottawa NF The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA s TARGET Center at (202) (voice and TDD).

9 To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW, Washington, DC or call (800) (voice) or (202) (TDD). USDA is an equal opportunity provider and employer.

10 Beatons Lake Timber Sale Prospectus Attachment -1 Detailed Composition of the Species/Product Groups described in Item 4, Timber Quantity and Rates of the Timber Sale Prospectus. Species/Product Species CCF Volume* Mixed Conifer Sawtimber White Spruce 19 Black Spruce 1 Red Maple 66 Mixed Hardwood Sawtimber Yellow Birch 1 White Ash 1 Sugar Maple Sawtimber Sugar Maple 120 Aspen Pulpwood Bigtooth Aspen 20 Quaking Aspen 855 Balsam Fir 38 Mixed Conifer Pulpwood White Spruce 13 Black Spruce 8 Red Maple 851 Sugar Maple 1329 Yellow Birch 6 Mixed Hardwood Pulpwood Paper Birch 6 White Ash 2 Black Ash 8 * Volumes by individual species composing a group may vary slightly from advertised species/product group due to rounding. Species and Product (CCF) PU Acres MC Sawtimber MH Sawtimber SM Sawtimber Aspen Pulpwood MC Pulpwood MH Pulpwood (ROW) Total Bold 0 in the table above indicates this species/product group occurs in this Payment Unit, but at less than 0.5 CCF.