sealed bid land sale

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2 nd QUARTER 2012

SEALED BID LAND SALE

Along with other timberland owners

Louisiana Properties

Texas Properties

Mississippi Properties

Broker: Rob Morrow Email: [email protected] Phone: 318-256-9401

Broker: Wes Kilpatrick Email: [email protected] Phone: 936-248-6300

Broker: Paul Goodwin Email: [email protected] Phone: 601-898-9000

www.walshlandbrokers.com

40 Properties located in East Texas and Louisiana Properties from 4.5± acres to 151.0± acres

Walsh Land Brokers, LLC represents the interests of the sellers throughout the sales processes of these properties. All information included herein has been acquired from sources we regard reliable, but accuracy and entirety are not guaranteed.

Sealed Bids due by 5:00 pm CDT Wednesday, May 2, 2012

Property # 1 2 3 4 5A 5B 6 7A 7B 8A 8B 9 10 11 12 13A 13B 14A 14B 15 16 17 18 19A 19B 20 21 22A 22B 23 24 25 26A 26B 27A 27B 28 29 30 31

Property Name

County / Parish Louisiana Properties Donald Perkins Road Vernon Hwy 26 West Allen Bernard Fontenot Road Allen Nursery Road North Allen Powell Road A Allen Powell Road B Allen Little Mill Road Allen Rodeo Pen Road A Allen Rodeo Pen Road B Allen Reeves A Allen Reeves B Allen Camp Pearl Road North Allen Camp Pearl Road South Allen Gearen Road Calcasieu Marcantel Road West Calcasieu Old River Road A Calcasieu Old River Road B Calcasieu Line Road A Calcasieu Line Road B Calcasieu Texas Properties Story Shelby Old Prospector Road Rusk Camp Worth San Augustine Weches Houston Old Homer Alto Road A Angelina Old Homer Alto Road B Angelina Huntington South Angelina Zavalla North Angelina Mill Creek A Angelina Mill Creek B Angelina Sam Rayburn San Augustine Toledo Bend Sabine Warren Tyler Antioch Cemetery A Jasper Antioch Cemetery B Jasper Castillo A Jasper Castillo B Jasper Lewis Road Jasper FM 418 Hardin Hwy 96 Hardin Mauriceville Newton

± Acres 56.6 41.7 36.2 73.9 120.8 40.0 74.6 26.0 26.0 4.5 29.1 26.2 27.0 80.4 38.7 117.1 124.6 79.9 79.9

Published Reserve $68,400 $109,000 $96,835 $192,775 $323,140 $109,000 $193,409 $62,400 $62,400 $21,600 $111,125 $66,734 $72,360 $209,170 $58,500 $181,000 $193,400 $207,740 $207,740

Gladewater Gladewater

Lindale Lindale

Hallsville Longview Hallsville

£ ¤

69

£ ¤ 80

§ ¦ ¨

271

£ ¤ Tyler

Marshall Marshall

20

Kilgore Kilgore

£ ¤

$236,300 $199,500 $177,000 $122,000 $107,250 $63,800 $208,100 $137,700 $235,400 $212,500 $25,000 $367,000 $345,000 $85,000 $103,700 $50,000 $50,000 $99,000 $46,000 $74,800 $112,500

79

£ ¤

15 ( !

Tract Locations

Jonesboro Jonesboro

71

171

Coushatta Coushatta

£ ¤ 84

16 ( ! 259

£ ¤

Rusk Rusk

84

Ruston Ruston

£ ¤

£ ¤ Mansfield Mansfield

Jacksonville Jacksonville

79

49

Carthage Carthage

Winnfield Winnfield

Nacogdoches Nacogdoches

17 ( !

§ ¦ ¨

84

Natchitoches Natchitoches

£ ¤

£ ¤ 167

Many Many

96

18 ( !

£ ¤

49

Center Center

19A&B ( !

£ ¤ 171

24 ( !

Lufkin Lufkin

£ ¤

Alexandria 20 21 (! ! ( 22A&B ( !

Diboll Diboll

287

23 ( !

Leesville Leesville Fort Fort Polk Polk

Jasper Jasper

1 ! (

£ ¤

190 De De Ridder Ridder

Woodville Woodville

Oakdale Oakdale

Livingston Livingston

2 ! (

£ ¤ 190

25 ( !

£ ¤

Big Big Thicket Thicket National National Preserve Preserve

Patton Patton Village

69

§ ¦ ¨

Beaumont 10

Liberty Dayton Dayton Liberty

£ ¤ 90

59

11 DeQuincy ! DeQuincy ( 13A&B ( !

12 ( !

31 ( ! 14A&B (Vinton ! Vinton

¦ ¨ § ¦ § ¨

Orange Orange 10

10

£ ¤ 171

3 ! ( ( 7A&B 9! ( ! 6 10 ! ( 8A&B ! ( ( !

§ ¦ ¨ 210

Lake Charles

4 ! (

£ ¤

5A&B ( !

190

Welsh Welsh Jennings Jennings

Iowa Iowa

Lake Lake Arthur Arthur

Port Arthur Cameron Cameron Prairie Prairie Nwr Nwr

Old Old River-Winfree River-Winfree

Houston

27A&B 26A&B! ( ( ! ! ( 28

29

Grangerland Grangerland

£ ¤

30 ( (! !

Silsbee Silsbee

Cleveland Cleveland

139.1 100.0 112.7 68.5 65.0 28.9 96.2 51.0 102.9 92.8 6.9 87.0 151.0 49.5 61.2 10.2 10.2 22.3 22.8 34.2 149.9

220

§ ¦ ¨

£ ¤

59

Henderson Henderson

§ ¦ ¨

Arcadia Arcadia

¤ £ ¤§ ¦ £ ¨ 2012 Sealed Bid Land Sale

nd 80

2 Quarter Shreveport 20

Sabine Sabine Natl Natl Wildlife Wildlife Refuge Refuge

§ ¦§ ¨ ¦ ¨

10 Winnie 10 Winnie

§ ¦ ¨ 45

±

( !

Tract Locations

0 4.5 9 Miles

A complete Property Catalogue is available online. All prospective bidders are encouraged to view the Sealed Bid Property Listings and/or download property maps at

www.walshlandbrokers.com

To gain access to property data, entry permits and bid information, prospective bidders are required to set up a login account for these secured files. Property Catalogue and individual property information packets are also available by mail upon request.

Louisiana Properties: 318-256-9401 or Toll Free: 877-253-9401 Texas Properties: 936-248-6300 There will be no public opening of bids. Broker participation welcome, subject to guidelines outlined in the Terms and Conditions of the 2nd Quarter 2012 Sealed Bid Land Sale.