Timber Sale Bid Invitation Randolph County, GA

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1 Matre Forestry Consulting, Inc Lafayette Plaza Suite 204 Albany GA (229) Fax (229) /10/2015 To: Area Timber Buyers Timber Sale Bid Invitation Randolph County, GA On behalf of Mr. Jesse Bowles et al, we are pleased to invite you to bid on the following timber sale on the Bowles Ivey Place Tract (Randolph County GA Parcel ; Land Lots 19 & 20; 20th Land District): Sale Type: Lump Sum Clearcut Location/Access: Randolph County GA, on the Stewart County line (see maps). The seller guarantees access from Mounds Road (County Road 116). Access Road 1 Gate combination is Access Road 2 can be used for logging (logger must return road to as good or better condition, and reinstall water bars after logging). Sale Description: Acre clearcut of planted pine and natural upland pine/hardwood timber. Boundaries on or near property lines have recently been marked with two blue stripes. SMZ s have recently been marked with single blue stripe. There are some areas with old faded blue marked trees from a previous harvest. The newly painted sale boundaries are distinguishable from the old faded blue marked trees. Volume Estimates: Please see attached timber sale volume estimates. Its is encouraged to cruise the timber yourself according to specific size and quality specs for your markets. Included are our cruise summary reports and stand table reports. We estimate 6,723 merchantable tons. Our minimum top sizes used are 3 for pine pulpwood; 6 pine chip n saw and small poles; 9 pine sawtimber and large poles; 4 hardwood pulpwood; 10 hardwood sawtimber. Disclaimer: The volume and acreage estimates are not guaranteed. Showing: You may cruise or inspect the timber at your convenience. Please contact us with any questions, or if you want the timber shown. Contract: We are offing a standard contract with a cutting period beginning on January 11, 2016 expiring on March 17, We are offering a 6 month wet weather clause. Closing to take place within two weeks of bid acceptance, assuming clear title and agreeable contract. Our standard contract is available upon request. The owner reserves the right to reject any and all bids. Bid Instructions: Submit a lump sum sealed bid labeled Bowles Ivey Place Sale". Bid opening time and location: 10:00 AM on Thursday December 17th, 2015 at the Matre Forestry office located at or new office: 2549 Lafayette Plaza Suite 204 Albany GA If you can not attend the bid opening you can mail, , text, fax or call your bid in before the sale. Please verify that we received your bid prior to the sale. Continued next page

2 We appreciate your interest in the sale. Sincerely, Mike Matre, ALC, RF President, Matre Forestry Consulting, Inc. Georgia & Alabama Registered Forester Georgia & Alabama Licensed Real Estate Broker Mobile (229) Established in 1999, Matre Forestry Consulting, Inc. of Albany, Georgia is a full service forestry consulting company and real estate brokerage. On behalf of our clients, our services include timber sales & management, land sales and acquisitions, timber inventories/cruising, appraisals, marking, prescribed burning, reforestation, GPS & GIS mapping, investment & market analysis, contract forestry services, wildlife habitat improvement, and hunting plantation development.

3 Hood St Pachitla Rd ³ Timber Sale Map Bid Opening 12/17/ AM Ivey Place Tract Total Sale Area: Acres Sale Area is a Clearcut Randolph County GA Parcel ; LL 19 & 20; 20th LD Legend TractNum Stewart GA Randolph GA 1024, Total Tract Acres World Reference Overlay Notes: *See bid invitation for details *Boundaries were GPS'd, but map and acres are not guaranteed. GPS is subject to error, especially under tree canopy. *Sale boundaries on or near property lines are marked with two blue stripes. SMZ Boundaries are marked with one blue stripe. *There are some areas with old faded blue marked trees from a previous sale. Our new boundary markings are distinguishable in our opinion. Albany, Georgia Mapped by Mike Matre in ArcGIS. Map information is not guaranteed. County Road 11 County Road 149 County Road 149 Lane Rd Green Grove County Road 2 County Rd 9 County Rd 29 Philadelphia Rd Lumpkin St County Road 31 State Route 27 Lynch Rd Springvale Rd College St Baldwin Rd Moye Field Rd Lumpkin Enala Rd Burgin Rd Unknown 1:194,806 1 in = 16,234 ft 1 inch equals 3.07 miles Martha Berry Hwy Broad St Martha Berry Hwy Valley Rd Old Spring Rd Lumpkin County Road 99 County Road 95 Westbrook Rd Holder Rd Julian Ward Rd County Road 116 Mounds Road Oak Grove Rd County Road 162 Martha Berry Hwy North St Blakely St Trotman Rd County Road 145 Cuthbert Rd Richland Rd Cuthbert Wall St County Road 98 Dairy Rd Main St Troutman Rd County Road 92 Wades Rd County Road 161 Richard Rd County Road 84 County Road 90 Lumpkin Rd New Hope Church Rd Miles County Rd 102 Hospital Rd South Georgia Pkwy Un Rd Africa Rd County Road 85 County Road 8 County Road 104 Trinity Church Rd Unknown Pierce Rd Supertree Rd Broad St Railroad St State Route 41 Dean St Pearl St Sources: Esri, DeLorme, USGS, NPS Date: 11/16/2015

4 Timber Sale Map Bid Opening 12/17/ AM Ivey Place Tract Total Sale Area: Acres Sale Area is a Clearcut Randolph County GA Parcel ; LL 19 & 20; 20th LD ³ Legend Lines TractNum, Descrip 1024, County Graded Road 1024, Potential Skidder Crossing # 1024, Woods Roads Camp TractNum 1024, Total Tract Acres Stands StandID, Label , Clearcut, Acres , , OUT NonTimber Label: +-Acres and area description are labeled Notes: *See bid invitation for details *Boundaries were GPS'd, but map and acres are not guaranteed. GPS is subject to error, especially under tree canopy. *Sale boundaries on or near property lines are marked with two blue stripes. SMZ Boundaries are marked with one blue stripe. *There are some areas with old faded blue marked trees from a previous sale. Our new boundary markings are distinguishable in our opinion. Albany, Georgia Mapped by Mike Matre in ArcGIS. Map information is not guaranteed. 1:7,920 1 in = 660 ft 1 inch equals 0.13 miles ,320 Feet Date: 11/16/2015

5 Timber Sale Map Bid Opening 12/17/ AM Ivey Place Tract Total Sale Area: Acres Sale Area is a Clearcut Clearcut Randolph County GA Parcel ; LL 19 & 20; 20th LD Legend Lines TractNum, Descrip 2.9 Clearcut , County Graded Road ³ 1024, Potential Skidder Crossing 1024, Woods Roads # Camp TractNum Stands 1024, Total Tract Acres StandID, Label , Clearcut, Acres , Clearcut , OUT NonTimber USA Topo Maps Label: +-Acres and area description are labeled Notes: *See bid invitation for details *Boundaries were GPS'd, but map and acres are not guaranteed. GPS is subject to error, especially under tree canopy. *Sale boundaries on or near property lines are marked with two blue stripes. SMZ Boundaries are marked with one blue stripe. *There are some areas with old faded blue marked trees from a previous sale. Our new boundary markings are distinguishable in our opinion Access 1 Access 2 # 2.2 OUT Mounds Road (# 116) Albany, Georgia Mapped by Mike Matre in ArcGIS. Map information is not guaranteed. 1:7,920 1 in = 660 ft 1 inch equals 0.13 miles Copyright: 2013 National Geographic Society, i-cubed ,320 Feet Date: 11/16/2015

6 Timber Sale Map Bid Opening 12/17/ AM Ivey Place Tract Total Sale Area: Acres Sale Area is a Clearcut Clearcut Randolph County GA Parcel ; LL 19 & 20; 20th LD 2.9 Clearcut Legend 0.6 Lines ³ TractNum, Descrip 1024, County Graded Road 1024, Potential Skidder Crossing 1024, Woods Roads # Camp TractNum Clearcut , Total Tract Acres Stands StandID, Label , Clearcut, Acres , , OUT NonTimber Label: +-Acres and area description are labeled Notes: *See bid invitation for details *Boundaries were GPS'd, but map and acres are not guaranteed. GPS is subject to error, especially under tree canopy. *Sale boundaries on or near property lines are marked with two blue stripes. SMZ Boundaries are marked with one blue stripe. *There are some areas with old faded blue marked trees from a previous sale. Our new boundary markings are distinguishable in our opinion Access 1 Access 2 # 2.2 OUT Mounds Road (# 116) Albany, Georgia Mapped by Mike Matre in ArcGIS. Map information is not guaranteed. 1:7,920 1 in = 660 ft 1 inch equals 0.13 miles ,320 Feet Date: 11/16/2015

7 Tract: Ivey Place Clearcut Sale Area Cruiser: Burgess, Matre Location: Randolph Co. GA Summary Report By Class/Product Phone: Matre Forestry Consulting, Inc. 201 Baldwin Drive Albany,GA Fax: Total Acres: Number of Plots: 87 Cruise Method: Point BAF: 10 Cruise Date: 11/10/2015 Pine Total Tract Average Acre Average Tree Product Trees Tons SMBF DMBF BA Trees Tons SMBF DMBF DBHMerchHt Sawtimber 3,261 3, Large Pole Small Pole Chip-N-Saw 2, Pulpwood Topwood Total 6,536 5, Hardwood Total Tract Average Acre Average Tree Product Trees Tons SMBF DMBF BA Trees Tons SMBF DMBF DBHMerchHt Sawtimber Pulpwood 2, Topwood Total 2,982 1, Grand Total 9,518 6, Page 1 of 1

8 Tract: Ivey Place Clearcut Sale Area Cruiser: Burgess, Matre Location: Randolph Co. GA Summary Report By Class/Group/Product Phone: Matre Forestry Consulting, Inc. 201 Baldwin Drive Albany,GA Fax: Total Acres: Number of Plots: 87 Cruise Method: Point BAF: 10 Cruise Date: 11/10/2015 Pine Total Tract Average Acre Average Tree Product Trees Tons DMBF SMBF BA Trees Tons DMBF SMBF DBH MerchHt Natural Pine Sawtimber Chip-N-Saw Pulpwood Sub-Total Pine Poles Large Pole Small Pole Sub-Total Planted Pine Sawtimber 2,858 2, Chip-N-Saw 1, Pulpwood Sub-Total 5,690 3, Pine Topwood Topwood Pine Total 6,536 5, Hardwood Total Tract Average Acre Average Tree Product Trees Tons DMBF SMBF BA Trees Tons DMBF SMBF DBH MerchHt Hard Hardwoods Pulpwood 1, Sub-Total 1, Hickory Sawtimber Sub-Total Soft Hardwoods Sawtimber Pulpwood 1, Sub-Total 1, Sweetgum Sawtimber Sub-Total Water/Misc Oaks Sawtimber Sub-Total Page 1 of 2

9 Summary Report By Class/Group/Product Hardwood Total Tract Average Acre Average Tree Product Trees Tons DMBF SMBF BA Trees Tons DMBF SMBF DBH MerchHt Hardwood Topwood Topwood Hdwd. Total 2,982 1, Grand Total 9,518 6, Page 2 of 2

10 Tract: Ivey Place Clearcut Sale Area Cruiser: Burgess, Matre Location: Randolph Co. GA Summary Product By DBH Report Matre Forestry Consulting, Inc. 201 Baldwin Drive Albany,GA Phone: Fax: Pine Total Acres: 141 Number of Plots: 87 Cruise Method: Point BAF: 10 Cruise Date: 11/10/2015 Natural Pine Total Tract Sawtimber DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt , , , , , Sawtimber Total , Chip-N-Saw DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt , Chip-N-Saw Total , Pulpwood DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt Pulpwood Total Natural Pine Total , Pine Poles Total Tract Large Pole DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt , , Large Pole Total , Page 1 of 4

11 Product By DBH Report Pine Poles Total Tract Small Pole DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt , , Small Pole Total , Pine Poles Total , Planted Pine Total Tract Sawtimber DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt , ,139 1, , , , , Sawtimber Total 2,858 2, , Chip-N-Saw DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt 10 1, , Chip-N-Saw Total 1, , Pulpwood DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt , , , Pulpwood Total , Planted Pine Total 5,690 3, , Pine Topwood Topwood Pine Total ,536 5, , Page 2 of 4

12 Product By DBH Report Hardwood Hard Hardwoods Total Tract Pulpwood DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt , , , , , , Pulpwood Total 1, , Hard Hardwoods To 1, , #Num! 33.6 Hickory Total Tract Sawtimber DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt Sawtimber Total Hickory Total Soft Hardwoods Total Tract Sawtimber DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt Sawtimber Total Pulpwood DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt , , , , Pulpwood Total 1, , Soft Hardwoods Tot 1, , Page 3 of 4

13 Product By DBH Report Sweetgum Total Tract Sawtimber DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt Sawtimber Total Sweetgum Total Water/Misc Oaks Total Tract Sawtimber DBH # Trees Tons DMBF SMBF Cu.Ft. BA # Trees Tons DMBF SMBF Cu.Ft. SL CF/Ft MerchHt Sawtimber Total , Water/Misc Oaks To , Hardwood Topwood Topwood Hardwood Total ,982 1, , Grand Total 9,518 6, , , Page 4 of 4