The Wilson Ranch consists of 8, deeded

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2 The Wilson Ranch consists of 8, deeded acres, consisting of about 3,660 acres of dry farm land, 4, acres of native range land, and 17 acres of farmstead. This is a very productive unit as it has an excellent soil profiles, and lies in a 20-inch rain fall area, and lies as a contiguous unit. The ranch has excellent livestock water, and is supported by 27-separate water rights on file with the Montana DNRC. There are 5-wells located on the property, 1-is for domestic consumption at the rate of 10-gallons per minute, and the other 4- are for livestock water usage ranging from 5 to 10 gallons per minute. The 22- surface water rights are for livestock usage from developed springs, and live water sources, all with direct consumption from the source. The priority dates range from 1899, with most falling into the early 1900 s. The Abstracts of these water rights are available from Western Agri Financial, Inc. They are excellent both in time and usage. The Wilson Ranch lays 20-miles north by west of Big Timber, Montana the Sweet Grass County Seat. Big Timber is a great small community, consisting of a population of 1,650. Big Timber has a great climate and boosts of the most frost free days of any community in Montana. Also located in Big Timber, is a modern medical facility, Jet Accessible Airport, 2 -world renowned fire- arms manufacturing facilities, all recreational amenities associated with Montana, and cultural activities ranging from Arts to Darts!

3 The Wilson Ranch will be transferred by Warranty Deed, and all mineral rights owned by the Seller s will be transferred to the Buyer at closing. Additionally, there is an FFA radio communications link repeater located on the ranch, and supported by a long term Government Lease. The Wilson Ranch has trophy Elk, and the Broker has personally viewed a herd of 168- head of Elk at one viewing. The ranch also supports harvestable populations of Pronghorn Antelope, Mule Deer, and Hungarian Partridge. The Wilson Ranch is being presented to the Buying Public by Western Agri Financial, Inc. at a listed price of $8,163,142. The Wilson Ranch represents excellent value, in an expanding real estate market. Lon E. Morris, Western Agri Financial, Inc.

4 Wilson Ranch water rights on file with DNRC DNRC Number Source Priority Date 43BV Well December 31, BV Well December 31, BV Well May 1, BV Well December 31, Q Surface Water June 1, BV Spring March 10, BV Spring June 20, BV Spring September 13, BV Spring December 31, BV Surface Water July 19, BV Spring July 13, BV Spring July 13, BV Spring September 13, BV Surface Water February 25, BV Surface Water February 25, BV Spring February 25, BV Surface Water February 25, BV Spring May 26, BV Spring July 19, BV Spring July 19, BV Spring July 19, BV Spring July 19, BV Spring February 25, BV Spring May 8, BV Spring November 5, BV Spring November 5, BV Well July 31, 1914

5 BROKERS COMMENTS Western Agri Financial, Inc. is pleased to offer this truly unique, recreational ranch to a discriminating investor, looking to become part of our community! Ranch properties of this size, with all the amenities required of today s buyer are difficult to find at any price. This ranch is offered for sale at $8,163,142 which is considered conservative to the market, for comparable ranches in this area. The ranch will be shown by appointment only, by Western Agri Financial, Inc., to qualified buyers. Information has been obtained from sources deemed reliable, but for which neither Broker nor Seller accepts responsibility for accuracy or changes. Buyer and Buyer s representative should verify all information and satisfy themselves as to the source and reliability therefor. Offering is subject to change, withdrawal, error, omission and prior sale without notice. Any potential sale is subject to Seller s electing and involving subject property in IRC 1031 tax deferred exchange and is subject to Seller s approval of all terms and conditions of offer. Attention Brokers! Buyer Brokers Western Agri Financial, Inc. is pleased to cooperate with buyer brokers, and offers excellent Showing House Commissions. However, with today s global information system, and our aggressive advertising program, your commission is at risk unless you register your buyer with Western Agri Financial, Inc. Qualification of Buyers Due to an increased number of financially non-qualified buyers entering into sales contracts, and not executing the contract due to lack of financing ; Western Agri Financial, Inc. will require verification of financial ability to purchase from unknown buyers.

6 Western Agri Financial, Inc. Professional Real Estate & Financial Services Lon E. Morris (406) West Bench Road P.O. Box 89 Roberts, MT Careful planning and the wise use of capital are necessary ingredients for agriculturists to succeed in today s complex business environment. Unfortunately, production oriented agriculturists and investors seldom have the time and management resources to adequately plan business and financial operations. Lon E. Morris of Western Agri-Financial, Inc. was an agricultural and commercial lender for 21 years prior to founding Western Agri-Financial, Inc. This professional experience sets Western Agri Financial, Inc. apart from typical consultants and real estate agents. Western Agri Financial, Inc. is a private, Real Estate and Financial Services Company assisting Agri businesses in the western United States. Typical financial services provided are: * Financial Consulting * Mortgage Banking, correspondent for Zions Agricultural Finance. * Broker for ranch and recreational real estate in Montana, specializing in discreet listings and anonymous buyer brokering.

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