Paul Knowles, Executive Director, Timber Operations, Pricing and First Nations Division

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pc: Paul Knowles, Executive Director, Timber Operations, Pricing and First Nations Division Mike Falkiner, Executive Director, BC Timber Sales Steve Kozuki, Director, Timber Pricing Branch Denis Collins, Director Pricing, Tenures and Mines, West Coast Region Robert Glassford, Regional Appraisal Coordinator, West Coast Region Kelly Schellenberg, Timber Pricing Forester, Coast, Timber Pricing Branch Kim McGarry, Forest Products Values Analyst, Timber Pricing Branch Jennifer Erlendson, Timber Pricing Forester (Systems), Timber Pricing Branch Sabina Ghazarian, Timber Pricing Forester, (Systems), Timber Pricing Branch Coast Timber Pricing Advisory Committee Amali De Silva-Mitchell, Senior Timber Pricing Accountant Coast, Timber Pricing Branch Alison Weir, Timber Appraisal Statistician Scott Akerley, BCTS Business Lead, BC Timber Sales Wendy Ward, BCTS Business Lead, BC Timber Sales Trish Simoes, Project Analyst, Timber Pricing Branch Page 2

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TABLE 51: COAST MARKET PRICING SYSTEM LOG VALUES FOR APPRAISALS ($/M³) EXPORT ADJUSTED LOG VALUES FOR APPRAISALS EFFECTIVE ON OR AFTER MARCH 1, 2016 B 237.87 C 152.29 D 172.59 422.63 255.67 489.87 168.50 67.41 262.58 E 227.48 F 131.56 359.20 164.61 330.29 128.44 67.41 169.56 G 149.78 H 78.27 251.78 102.71 167.17 78.27 69.05 95.30 I 50.39 200.59 78.65 99.45 50.39 56.55 60.14 J 46.34 198.61 53.46 70.03 46.34 59.28 44.02 K 257.70 L 198.98 M 135.86 U 40.89 108.98 44.36 44.44 40.89 38.93 41.37 X 40.69 93.41 57.22 35.74 40.69 37.19 40.65 Y 40.15 2.62 15.19 26.40 40.15 38.27 40.82 B.C. Consumer Price Index (CPI) (1992=100) effective this period: 142.3

TABLE 52: COAST MARKET PRICING SYSTEM LOG VALUES FOR APPRAISALS ($/M³) EXPORT ADJUSTED LOG VALUES FOR APPRAISALS EFFECTIVE ON OR AFTER MARCH 1, 2016 B 114.24 C 126.02 D 75.92 226.60 255.67 114.24 74.12 67.41 74.12 E 74.12 F 75.92 226.60 164.61 114.24 74.12 67.41 74.12 G 74.12 H 75.92 226.60 102.71 115.21 75.92 69.05 75.92 I 52.91 198.58 78.65 109.30 52.91 56.55 52.91 J 58.94 191.24 53.46 89.89 58.94 59.28 58.94 K 255.58 L 198.41 M 137.45 U 41.32 112.30 44.36 48.72 41.32 38.93 41.32 X 40.42 88.67 57.22 35.97 40.42 37.19 40.42 Y 39.40 2.69 15.19 30.08 39.40 38.27 39.40 B.C. Consumer Price Index (CPI) (1992=100) effective this period: 142.3

TABLE 51: COAST MARKET PRICING SYSTEM LOG VALUES FOR APPRAISALS ($/M³) DOMESTIC LOG VALUES FOR APPRAISALS EFFECTIVE BEFORE MARCH 1, 2016 B 237.87 C 151.01 D 168.50 422.63 255.67 489.87 168.50 67.41 262.58 E 227.48 F 128.44 359.20 164.61 330.29 128.44 67.41 169.56 G 149.78 H 76.41 251.78 102.71 165.76 76.41 67.41 93.04 I 49.19 200.59 78.65 98.61 49.19 55.21 58.71 J 45.24 198.61 53.46 69.44 45.24 57.87 42.98 K 257.70 L 198.98 M 135.86 U 39.31 108.98 44.36 44.07 39.31 37.43 39.77 X 39.12 93.41 57.22 35.44 39.12 35.76 39.08 Y 38.60 2.62 15.19 26.18 38.60 36.79 39.25 B.C. Consumer Price Index (CPI) (1992=100) effective this period: 142.3

TABLE 52: COAST MARKET PRICING SYSTEM LOG VALUES FOR APPRAISALS ($/M³) DOMESTIC LOG VALUES FOR APPRAISALS EFFECTIVE BEFORE MARCH 1, 2016 B 114.24 C 124.96 D 74.12 226.60 255.67 114.24 74.12 67.41 74.12 E 74.12 F 74.12 226.60 164.61 114.24 74.12 67.41 74.12 G 74.12 H 74.12 226.60 102.71 114.24 74.12 67.41 74.12 I 51.65 198.58 78.65 108.38 51.65 55.21 51.65 J 57.54 191.24 53.46 89.13 57.54 57.87 57.54 K 255.58 L 198.41 M 137.45 U 39.73 112.30 44.36 48.31 39.73 37.43 39.73 X 38.86 88.67 57.22 35.67 38.86 35.76 38.86 Y 37.88 2.69 15.19 29.83 37.88 36.79 37.88 B.C. Consumer Price Index (CPI) (1992=100) effective this period: 142.3